The CryptoEra Ended Thursday
Yo Pit Crazies. I am sad to say I am reporting a death in the crypto trading community. Crypto is mort. No more. Caput. Now guess the chart below and I will tell you how and why. All will be revealed. Robinhood Getting Bought by a Crypto King Well, he did not buy all of […]
The Best Way I Know to Trade the Lows
Yo Pit Crazies, Let’s get right to it … Below is a chart of the S&P 500 on a trip to Palookaville in 2022. Implied volatility, meanwhile, is en route to the moon. SPX six-month chart with one–day candles, plus 30-day (red) and 60-day (yellow) IV. Yet we are conquering […]
Is CPI Last Gasp for VIX
Yo Pit Crazies, President Biden gave a big inflation speech Tuesday and the S&P 5000 closed up .25%. Almost 4,000 on the button, in fact. Still, it was not enough to deflect current sentiment and drive stocks higher. Currently, only 16% of stocks are above their 200-day moving average. Most, if not all, of those […]
BMF Show VIX SPY LAZR D 05.10.2022
https://vimeo.com/708295537
Tyson Foods Is Off The Farm
Yo Pit Crazies, For now, long is wrong. Unless you own shares of Tyson Foods, Inc. (Ticker: TSN) or the Proshares Ultra Short Term VIX futures ETF (Ticker: UVXY). And, funny enough, bonds are staging a rally, so iShares Barclays 20+ Year Gov Bond ETF (Ticker: TLT) is rallying, too. Money […]
VIX Curve Signals Big Move
Yo Pit Crazies, Spring is creeping in here in Maine, and I spent all weekend cutting down dead hemlocks down by the water. They had to go because they were eaten up by the dreaded hemlock woolly adelgid – little bugs that gobble sap and starve the tree to a husk. That got me thinking […]
BMF Show: 05.06.2022 UNM UBER PRTY
3 Assets Going in the Wrong Direction
Yo Pit Crazies Two years of loose fiscal policy and quantitative easing are starting to roost. Bigger inflation numbers are making market players think twice about how fast the Federal Reserve can actually raise rates. The central bank might have to take the aggressive path. >> Power Gains will help you make […]
Earn While You Learn (Not Kidding)
Yo Pit Crazies, Path. Proximity. Profits. The 3 Ps to successful and sustainable options trading starts with a new path, a new course on which to embark. But, really, it boils down fundamental option strategy and an ability to see what is in front of us. I’m here – every day – to help show […]
Will stocks make a comeback?
Yo Pit Crazies, Right now stocks need to make a comeback … or at least find a footing after coming down from such lofty heights. I am reminded that after the dot-com crash, the ProShares QQQ Trust (Ticker: QQQ) got slammed down to below $18. That’s right .. $18. It closed yesterday […]