China, China, China, Fed says hold my beer.
BY ANDREW GIOVINAZZI October 9, 2024 Yo Pit Crazies, So the Chinese take a big holiday in September every year and when they came back they got a big surprise under the Christmas tree. Well sort of. Their stock market went ballistic on Chinese Central Bank intervention. Then all the locals got back […]
VIX keeps winding up
BY ANDREW GIOVINAZZI October 8, 2024 Yo Pit Crazies, It is always good to learn how to do new things. I have been trading options for 35 years, half of that time as an exchange member and a bit less than that as a teacher and Director of Education at OptionPit.com. During my first […]
SPX sees 6000 by the end of the year
BY ANDREW GIOVINAZZI October 6, 2024 Yo Pit Crazies, Such a bold claim! To be honest it is only 5% away at this point and most pundits have expected the worst. I am in the kick the can down the road camp at this point as it has been working for 20+ years. If […]
How to ride the AI wave
BY ANDREW GIOVINAZZI October 4, 2024 Yo Pit Crazies, You want to ride the AI wave now? Try this. If I remember correctly, way back in the early 90s before the internet became a thing, folks used to use operators and businesses used to answer phones. As time moves on and what this […]
How to tell if volatility is increasing
BY ANDREW GIOVINAZZI October 3, 2024 Yo Pit Crazies, You wonder how institutions leave clues in the markets? I cannot wait to get back in the saddle today and look for long term trades! A working vacation with the Option Pit crew and hosting with the mosting Mark is a fun time. […]
JPM leaves fingerprints
BY ANDREW GIOVINAZZI October 1, 2024 Yo Pit Crazies, You wonder how institutions leave clues in the markets? Take a look here. Mark and I are in Austin on a 3 day meeting to organize Option Pit for the next 6 months and beyond. We are not holding normal classes and thought this […]
HOOD getting ready for a 6 month high, Longshot List off to a promising start
BY ANDREW GIOVINAZZI September 29, 2024 Yo Pit Crazies, If you want to know what the Longshot List is about and how to find an option fingerprint, click here as our offer is about to expire. We can talk about the resilience of the equity market but ultimately it is earnings. Earnings are […]
MU gets the ball rolling, SPX makes another all-time high, traders buying everything now
BY ANDREW GIOVINAZZI September 27, 2024 Yo Pit Crazies, Do institutions leave fingerprints? I think they do so we might as well follow the clues. Take a look here. It is very true that Micron Tech Inc (Ticker: MU) is one of the grand daddy stocks in tech. Did you know that it was […]
Speaker Pelosi makes a timely Visa sale so what is my signal?
BY ANDREW GIOVINAZZI September 26, 2024 Yo Pit Crazies, Let your fingers do the walking with Option Fingerprints. Do that here! Speaking of the best fingerprints in trading history, the investing prowess of Nancy and Paul Pelosi, our ranking former Democratic SOTH , is quite good. They were able to exit their sizable Visa […]
One of my Longshot List is catching a bid
BY ANDREW GIOVINAZZI September 25, 2024 Yo Pit Crazies, You want to see where the institutions jump into stocks? Jump into our little show tonight first! Yesterday I remarked in my OP Newsletter that I did not see VIX futures moving down to the VIX cash into the is cycle. The futures would […]