Is VIX ready to run to the election?
BY ANDREW GIOVINAZZI September 24, 2024 Yo Pit Crazies, Wednesday night we go live again to run through the option fingerprints left behind by institutions. They leave a mark. Speaking of Marks, our own Mark Sebastian was on BNN Canadian TV for an hour on Monday. Ehhh! If there is anything normal […]
Will the Fed’s sea change hurt investors?
BY ANDREW GIOVINAZZI September 22, 2024 Yo Pit Crazies, What I really want to know is what institutional investors think about what the Fed did. Do they leave a footprint? What is that, check this out. I have been in the markets since 1989 with my first trading floor job. I watched the […]
Stocks rocket as Fed declares inflation licked
BY ANDREW GIOVINAZZI September 20, 2024 Yo Pit Crazies, If you missed the replay of my webinar and want to learn what a stock’s “option fingerprint” is, check this out. There were a lot of happy Trading Desk roomies making O/N call buys for Thursday morning. I closed some left over call flies […]
Now that we are done with interest rates, let’s get back to investing
BY ANDREW GIOVINAZZI September 19, 2024 Yo Pit Crazies, What to learn what makes a good turnaround stock, tune in tonight right before TNF! In general stocks rally on certainty. The Fed finally decided to cut rates and wouldn’t you know it turned out to be a nothingburger, Be careful what you wish […]
Stocks hit an all time highs but quite a few make all time lows
BY ANDREW GIOVINAZZI September 18, 2024 Yo Pit Crazies, In the world of what goes down but can go up, like VIX, stocks can do that too. Tired of waiting for the Fed to do something? Try this on Thursday and put a little flash in your investing. Here is a tail of two […]
This one might blast off early
BY ANDREW GIOVINAZZI September 17, 2024 Yo Pit Crazies, If you want a new angle on investing with options, give this a try on Thursday right before football. Did you know before Nvidia Corp (Ticker: NVDA) went on its historic run that it was down 60% for the year? NVDA was trading $35 […]
VIX closes near lows of the week, SPX near highs but…
BY ANDREW GIOVINAZZI September 16, 2024 Hey OP Crew, You want to learn how to do some big time option trading, try it out here. If some of my Option Volatility Jargon is vexing, our Glossary is here. AG’s alter-ego Vol Man here with my weekly analysis. As usual, I will start […]
Stocks can do crazy things
BY ANDREW GIOVINAZZI September 15, 2024 Yo Pit Crazies, This stock market got you crazy? Up, down and all around? It might be easier to just trade the direction that it is going. Try it out. Like I said, stocks do crazy things. The stock market is very much like a fashion show. […]
Will this be the week that time forgot?
BY ANDREW GIOVINAZZI September 13, 2024 Yo Pit Crazies, So if you want to get in the habit of learning the Two Way Trading style, look no further than here. You know that the Fed is going to talk about interest rates next week. The ECB is already cutting rates and did so […]
The Next VIX drop will be huge
BY ANDREW GIOVINAZZI September 12, 2024 Yo Pit Crazies, For all those wondering about how the market would react to a just hot CPI number, the answer is a 150 point range in SPX. NOTE THAT TRADERS ARE NOT SCARED ENOUGH TO PUSH SPX BELOW 5400. Sorry but we need really bad news for that. […]