No Pivot for You!

Yo, Pit Crazies, There will be no Fed pivot anytime soon. Jerome Powell put that to rest. You can trade it with two exclusive trades released at the close yesterday when you join Power Income Trader. The sound you hear is that of cold water being tossed on the market by Mr. J-Pow.  The Fed […]

When Is the Recession Going to Hit?

Yo, Pit Crazies, Griff and I are going live at the close today for members of Power Income Trader and Capitol Gains to discuss what the Fed is doing and what troubles it’s causing. We’ll also share two exclusive trades. Call 1-888-872-3301 to get in now. A big difference between the current worries about the […]

Why Close Out-of-The-Money Calls

Yo, Pit Crazies, As we eye the Fed this week, why are people buying short out-of-the-money calls? And I mean way out-of-the-money calls. LOOK AT THE BID FOR THOSE JUNK CALLS! Call buyer in Procter and Gamble Inc (Ticker: PG) Could it be that some traders are expecting some kind of wild upside move? If […]

Can You Believe the Volatility This Year?

Yo Pit Crazies, Below is a chart for 360-day realized volatility in the S&P 500.  We are in the second highest average for realized volatility in the last decade.  The market is moving … and moving a lot. 360 day realized volatility for the SPX Will it be over this week? Nov 2 Is the […]

What Does VIX Know That We Don’t?

Yo, Pit Crazies, Vol Man is falling off his chair because he cannot believe the VIX futures curve is in contango. But there is a catch! Apple Inc (Ticker: AAPL) and Amazon.com Inc (Ticker: AMZN) have earnings yet to come out as I write this. Blackrock is telling clients the Fed will ease their stance!  […]

If Not GOOGL or MSFT, Then What?

Yo Pit Crazies, As much as Alphabet Inc. (Ticker: GOOGL) and Microsoft Corp. (Ticker: MSFT) have led stocks higher over the last 10 years, they are finally catching the malaise of large size and slower growth. Meta Inc.(Ticker: FB) is the latest tech wreck. That does not mean they cannot grow, it is just slower […]

Is the Great Tech Growth Story Over?

Yo, Pit Crazies, First off today, you don’t need to be long or short when you can be both in this crazy market. Now … Alphabet Inc. (Ticker: GOOGL) earnings came out after the close Tuesday and they were not great. Is it really a surprise that people are getting back to their lives after […]