Live Trading

Category: Gold

It’s old but useful

Old … but useful. Like slippers, hound dogs and the trusty putter you use to pretend to be using to win The Masters. Some of my meaner students might even describe ME as old but useful. Old and useful might describe myself to the glee and laughs of my Option Pit Students. But I’m still […]

The Stocks That Time Forgot

Yo Pit Crazies, If you were paying attention on Monday, you saw a jaw dropping 2% move in the PowerShares QQQ Trust (Ticker: QQQ). Inflation is flying and everyone wants to jump into Tech again? Before disruptive tech became a hot topic thanks to Cathy Woods ARK Invest, there was an Old Tech that used […]

No End In Sight for Oil Demand

[kc_row use_container=”yes” _id=”919047″][kc_column width=”12/12″ video_mute=”no” _id=”112754″][kc_column_text _id=”895876″] President Biden turned on the taps for the Strategic Petroleum Reserve (SPR)  because … prices are high.   I don’t know about you, but I thought the fastest way to bring down prices is to increase supply. To do that effectively, wildcatters have to borrow money to drill. […]

End-of-Quarter Window Dressing, But No One Came to Buy

Over the past 12 trading days, the market was betting that the stalemate in Ukraine would turn into a ceasefire and end the conflict. Stocks rallied 10% or more from the dead bottom. Then the reality check showed up and wants to get paid The Russians want rubles for their gas. The Japanese yen is […]

Watch the Skew in Action!

Yo Pit Crazies, It had to happen. Stocks went down. There was no real news, just a case of the market getting tired. However there is a clue in The Skew! (The Skew sounds like a pro wrestler for vol geeks.) As traders coming for juice, that means puts in the S&P 500 … or […]

Quantum Leap: Alt Energy Is Still Buzzing

Licia is refreshed from her vacation and ready to go shopping.  See the tricks of the trade that allow her to navigate these choppy waters of the last month on Thursday Evening. Yo Pit Crazies, If the last month has taught the EU anything, it’s don’t trust Vlad. It turns out that getting all your […]