Live Trading

Category: Gold

The Known Unknowns

It seems as I write this the VIX is on course for only its second 24+ print of August. (Editor’s Note: VIX closed Monday at 23.80.) What happened when everything was going so well up to 4300 SPX? Energy prices happened. They were the Known Unknown. The quasi-Green New Deal passed by the Congress in […]

German Inflation Sets A New Record

If you did not catch my 3 Power Keys to Trading This Market, click here!   Griff posted this below in the OP Pro Chat Room that shows the huge historic spike in Germany producer price index. My compatriot in Capital Gains, Frank Gregory,  would say the spike is due to Germany’s green energy policies […]

Bad News for the S&P?

Yo Pit Crazies,   The FOMC released its meeting minutes yesterday and gave the market exactly … nothing!   Traders are so convinced that the Fed will slow the pace of rate hikes that the S&P 500 bounced off 4300 again and simmered there after the close.   If the Fed released any clues as […]

Man, That Curve Is STEEP

Tuesday was another rally day in the S&P 500, and the term structure looks something like this: On its face, the term structure is just the sigmas of the SPX implied volatilities per term. Note this week is 15.59. That is as low as it has gotten in a while.  But there is a missing […]

Were You Buying the Bottom?

The first clue to buying at the bottom is having the ability to buy when stocks are in the ashcan.   No one wants to buy stocks since that is the reason they are at the bottom in the first place.   I am quite surprised how far and fast stocks like Apple Inc (Ticker: […]

4300 or Bust?

Yo Pit Crazies,   A feature of the market in 2022 is the ability of stocks to rip much faster than volatility can drop.   Upside volatility is usually exclusively the realm of government activity in the market.   The big question is, will this continue?   I have the answer for you inside.   […]