Live Trading

Category: Gold

How Cold Will the Winter Be?

Yo, Pit Crazies,   Griff and I will get down to brass tacks on Thursday as we discuss the issues going into the Winter of 2022.   It might get chilly and you will need to bring a blanket.   The big question on folks minds is the CPI number coming out this morning.   […]

Never Forget

Yo, Pit Crazies, Most of us can remember where we were on Sept. 11, 2001. I was standing on the Pacific Coast Stock Exchange trading floor and watching the airplanes fly. almost dream-like, into the Twin Towers. Trading was halted for the day, turned out to be the week, and my wife told me to […]

The Biggest Trading Opp of 2022

Yo, Pit Crazies, If you missed my webinar last night on Historic Vol and Historic Opportunity you can check it out here. But do read on, too! Stocks are looking higher once again as the fix seems to be in. That fix is that the Federal Reserve will raise rates in harmony with other G7 […]

Don’t blink or the market will change it’s mind

Yo Pit Crazies, Catch my best way to make money for the rest of 2022 tonight at 7 p.m. Somehow, some way, the S&P 500 rallied 2% yesterday to touch 4000 once again. In the Volatility Trading Club and OP Mentoring sessions we owned 400 SPDR S&P500 Trust (Ticker: SPY) calendars – which was very […]

Man, This Market Feels Broken

Yo, Pit Crazies, The Cboe Volatility Index (Ticker: VIX) almost made it to 27 yesterday. Does that have any significance at all for the market in general? I would say VIX up and the Standard and Poor’s 500 Index down is a normal condition. The question is … How should you trade it? There Is […]

Learn the Curve

Yo, Pit Crazies, This week, the market is still recovering from the 200 point range in the S&P 500. And it’s going to be a wild ride into the European Central Bank rate announcement and Consumer Price Index next week. Here’s why I think so. The Front End of the VIX Futures Curve Is Unstable […]

The Russians Cut off the Gas!

Yo Pit Crazies, The decent non-farm payroll report got stocks moving enough that the 3900 low from Thursday in the S&P 500 index (Ticker: SPX) became a 4000 high on Friday. Then everything went to heck as the Russians turned off the Nord Stream 1 pipeline for “extended maintenance.” To say this was not expected […]