What is missing most from this all time high in SPY
BY ANDREW GIOVINAZZI February 19, 2025 Yo Pit Crazies, The S&P 500 Trust ETF (Ticker: SPY) is trading at all time highs. Bond yields, Ukraine, inflation, US Gov deficits, DJT taking office all are forgotten and swept behind as investors still want stocks. The most important part of this is SPY is making highs […]
This is one fingerprint you don’t want to miss
BY ANDREW GIOVINAZZI February 18, 2025 Yo Pit Crazies, Welcome back after a 3 day weekend. I would report on action this weekend but most of it is the same as last Friday. Market conditions if anything are very positive after the White House announced the latest tariff idea. Nvidia Inc (Ticker: NVDA) is […]
What the tariffs mean for volatility and you
BY ANDREW GIOVINAZZI February 16, 2024 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 with my last forecast…Keep ready for my surprise for next week! Last Week ending Feb14: The Big Call […]
My new indicator is holding up well
BY ANDREW GIOVINAZZI February 16, 2025 Yo Pit Crazies, Soon this letter will morph into Andrew’s Market Action. An almost daily report of the trading activity and the “dirt under the fingernails” of market action. For the trading I do, activity one day sets up the action for a trade the next day. I […]
The most important story of the year
BY ANDREW GIOVINAZZI February 14, 2025 Yo Pit Crazies, Me and my Option Pit homies are in Baltimore and getting ready to leave this very hospitable city. What is not hospitable is the fight going down in Washington DC 45 min away. One part of the Government is trying to make Uncle Sam lighter […]
This indicator is working right now
BY ANDREW GIOVINAZZI February 11, 2025 Yo Pit Crazies, The old saying goes, If the NFC wins the championship, stocks will have a good year. Right now there is a fight brewing with judges being able to shut down the Executive Branch when Trump writes an Executive Order. Depending on who I listen to, […]
A top 10 hedge fund manager loves this stock
BY ANDREW GIOVINAZZI February 9, 2025 If you are looking for a description of the wild week of trading, look for my Vol Man review on Sundays. Things got so nutty on Friday it was hard to figure what happened. One stock held up very well and ran to a 2025 high. A hedge fund […]
This small stock is doing great
BY ANDREW GIOVINAZZI February 7, 2025 Yo Pit Crazies, The last 4 years have been interesting as capital flew into the biggest of Big Tech as traders and investors were banking on the stocks that survived the best during COVID. No one ditched their phones, Amazon thrived and AI fueled massive chip demand. […]
The market will have to rally without this
BY ANDREW GIOVINAZZI February 6, 2025 Yo Pit Crazies, There are some interesting things going on right now. Many of them center around Washington DC and to a lesser extent the markets. Here is a list of my observations of the last 3 days: We might have Mar-a- Gaza DOGE might find $1 […]
This is something I never thought I would see
BY ANDREW GIOVINAZZI February 5, 2025 Yo Pit Crazies, Day 2 of the Tariff Tantrum and most of the angst seems to be gone. Mexico and Canada get a 1 month reprieve from them and China gets a 10% kick in the shins. But for now stocks went the other way on Tuesday and […]