Rally or Trap? Here’s What the Charts Are Telling Us
BY MARK SEBASTIAN May 1, 2025 Hey Traders, What a run for the market at the end of the day! We spent the whole day with the S&P 500 down 50-30 points all day, then we hit the end of the day … and oh my, the buy orders! The S&P 500, QQQ, IWM path […]
Will Yesterday’s Last Minute Rally Continue?
BY MARK SEBASTIAN May 1, 2025 Hey Traders, What a run for the market at the end of the day! We spent the whole day with the S&P 500 down 50-30 points all day, then we hit the end of the day … and oh my, the buy orders! The S&P 500, QQQ, […]
Are We Headed for Contango?
BY MARK SEBASTIAN April 29, 2025 Hey Traders, Monday was actually kinda sleepy. The S&P 500 had about a 1% range and ended the day essentially unchanged: But there were some producing things. The Bond Market is starting to really recover; TLT looks like it might be heading to 90. And […]
We’re Slowly Making Progress
BY MARK SEBASTIAN April 28, 2025 Hey Traders, SPX closed over 5500 on Friday. The index appears to be trying to make a run: I think we might have clear sailing up to the 50 DMA, which sits around 5635. That’s the next major level of resistance. Now I know we are […]
A Bottom AND a Top?
BY MARK SEBASTIAN April 24, 2025 Hey Traders, The bottom might be in. I am almost certain the top of volatility is in. Take a look at the VIX: We have seen the VIX try to blow up and fail repeatedly. So what does this mean for the S&P 500? […]
TSLA Earnings: The Real Story
BY MARK SEBASTIAN April 23, 2025 Hey Traders, Last night, Hannah and I walked through how we are approaching TSLA earnings. I started by showing everyone this graphic: I want to point out a couple of things. There were more puts sold than there were puts bought by almost 40k contracts – […]
Why Yesterday was Rough
BY MARK SEBASTIAN April 22nd, 2025 Hey Traders, Make sure you are watching the bond market, there are still some underlying risks in that market that appear to be heading to the forefront. While the 10 year seems pretty stable, the back end of the curve (notes with 20-30 years) are having real […]
0DTE Daily: Why Yesterday was Rough
BY MARK SEBASTIAN April 17, 2025 Hey Traders, Markets had a rough day on Wednesday. There are a couple of reasons this happened: The NVDA news was NOT good for tech names. Powell basically said there is no Fed put (a lie but cute) Expiation of index options on Thursday morning likely […]
0DTE Daily: What to Do When NVDA Takes a Hit
BY MARK SEBASTIAN April 16, 2025 Hey Traders, The overnight NVDA news is not great. As I write this, S&P 500 futures are down 40, and Nasdaq 100 futures are down 1.30%. We did not see another shoe dropping. And while this isn’t a huge shoe to drop, it could be enough […]
0DTE Daily: Three Things to Watch This Week
BY MARK SEBASTIAN April 14, 2025 Hey Traders, The news over the weekend is especially bullish the NDX (the QQQ index). Futures overnight are up about 1.20%. This puts the QQQ at about 460: They would be opening at the highs from April 3rd, getting us a chunk of the way back from […]