I have a new price target in mind.
BY ANDREW GIOVINAZZI December 5, 2024 Yo Pit Crazies, When I launched my Option Fingerprint program little did I know it would go so well so fast. The idea of accumulating option volume might be new to some folks but it is not new to me watching the first Long Term Equity Anticipation Securities […]
What happens to a country ETF when a country declares martial law?
BY ANDREW GIOVINAZZI December 4, 2024 Yo Pit Crazies, Frank is back from his field reporting and I have to say it is great to have him back. China tosses on some restrictions to rare earth metals exports and boom boom things go flying. MP Materials Corp (Ticker: MP) jumps over 10% and it […]
DJT was a single digit VIX President, will it be so again?
BY ANDREW GIOVINAZZI December 3, 2024 Yo Pit Crazies, We talk about VIX all the time and you can learn more about that here, but the reason is that it helps to describe the sentiment in the market. The lower the VIX, the more certain the market is of direction The higher the […]
Will VIX ever break 14?
BY ANDREW GIOVINAZZI December 1, 2024 Every time VIX gets to 14 since the election it makes a rubber biscuit bounce. The common denominator right now is every time SPX gets to 6000 there is some or another idiotic headline about Ukraine. Let’t see the list: US to send long range missiles Russia launched […]
The Cheapest AI stock out there
BY ANDREW GIOVINAZZI November 29, 2024 Now that everyone has digested large meals and we sit around Friday morning to watch the least exciting half day there is in trading. I just want to remind everyone that there are AI stocks that are relatively cheap. While folks are chasing Microstrategy Inc (Ticker: MSTR) for bitcoin […]
The Holiday Effect is in Effect or why are my option prices melting?
BY ANDREW GIOVINAZZI November 27, 2024 Yo Pit Crazies, As we buckle in for Thursday and watch football and eat about 3000 calories in a day, melting is not the first thing we think about. It is the opposite of melting. We melt into the couch ok but that is about it. Options […]
Where is the next Frank drone pick going?
BY ANDREW GIOVINAZZI November 26, 2024 Yo Pit Crazies, I am looking at Twitter and who of all people says, spending 100 million dollars on fighter jets when we can spend $50k on drones? Who, none other than the Doyenne of DOGE, Elon Musk. That got my attention. My guess is the new […]
These are two soon-to-be-hot Bitcoin plays you might not have thought of
BY ANDREW GIOVINAZZI November 24, 2024 Yo Pit Crazies, When Frank and I get together on Tuesday we are going to talk about Nuclear Energy, Oil and Drones. I had a killer 5400% win this week to wrest the yearly return crown from the Queen of the Candlesticks herself, Licia Leslie. There is […]
Stocks and Volatility are back to the dangerous dance
BY ANDREW GIOVINAZZI November 22, 2024 Yo Pit Crazies, So you remember Dirty Dancing? Way back when movies were fun and long before Twerking was invented. Well the folks that worked at the summer camp in the movie like to have a couple of pops and get loose. They sure could dance and It […]
If NVDA powers AI, what powers NVDA?
BY ANDREW GIOVINAZZI November 21, 2024 Yo Pit Crazies, Picture if you will, a futuristic TV show, like Star Trek where Scotty talks into the computer and asks it questions. As funny as Star Trek was in the 80s when Scottie talked into a computer mouse, the reality is we will be talking into computers […]