Why Is the VIX Holding Steady in the 15s Post-FOMC?
BY ANDREW GIOVINAZZI September 18th, 2025 Yo Pit Crazies, Markets came out swinging this morning after traders soaked in the big Fed news—rate cuts are likely on the horizon. We gave you a heads-up yesterday, but here’s where things got interesting… What didn’t happen: The SPDR Gold Trust (GLD) didn’t rally Tech […]
Powell dropped some Truth Bombs
BY ANDREW GIOVINAZZI September 17th, 2025 Yo Pit Crazies, Mark and I hosted an event for 500 of our closest friends earlier this afternoon while Fed Jerome Powell went live with his .25% rate cut. Here’s what stood out to me from JPow’s comments: So far, tariffs aren’t proving to be inflationary. The […]
Everything has led to this moment
BY ANDREW GIOVINAZZI September 16th, 2025 It’d be nice to have a crystal ball for what the Fed plans to do next. Unfortunately, I don’t get advance notice from them—unlike Mark, who seems to have a direct line. Markets hit an all-time high last week, only to stall after Oracle Inc. (Ticker: ORCL) crushed […]
The VIX up big today, what gives?
BY ANDREW GIOVINAZZI September 15th, 2025 Yo Pit Crazies, I’ll be sharing my early take on what I expect for Wednesday’s FOMC meeting — and Mark will be doing the same right here. The VIX moved higher today ahead of the Fed’s decision, which is likely to shape rate policy for the year […]
ORCL broke the VIX
BY ANDREW GIOVINAZZI September 14th, 2025 Yo Pit Crazies, 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… Last Week’s Big call The Week ending Sep 12th: I […]
The Day Downtown NYC Died
BY ANDREW GIOVINAZZI September 13th, 2025 Yo Pit Crazies, As many of my students know, I’m old—but I wasn’t always! Just because I’ve been trading options for 35 years doesn’t mean I was never young. In fact, 24 years ago, I was still a member of the exchange, newly married (just four months in), […]
How to tell if traders care about the FOMC on Wednesday
BY ANDREW GIOVINAZZI September 12th, 2025 Yo Pit Crazies, It’s always good to get some signals—and right now, Mark’s AI tool is flashing a few you’ll definitely want to check out. At the same time, the Fed Funds Rate is sending its own message: the market is fully convinced a rate cut is coming, […]
Bulls are squeezing stocks
BY ANDREW GIOVINAZZI September 11th, 2025 Yo Pit Crazies, The FOMC delivered an early rate cut this week, landing between Wednesday and Thursday—possibly fueled by Oracle Inc (Ticker: ORCL) blowout earnings. Hot on the heels of that, the Ellison clan is rumored to be setting their sights on Warner Bros Discovery (Ticker: WBD), a […]
Well this was a surprise!
BY ANDREW GIOVINAZZI September 10th, 2025 Yo Pit Crazies, At the end of the day, it’s all about growth — and Oracle Corp (Ticker: ORCL) just delivered in a big way. The company unveiled a massive multi-year sales pipeline, something we haven’t seen from a stock in quite some time. With AI still driving […]
The Warm Up Band before the Big Show
BY ANDREW GIOVINAZZI September 9th, 2025 Not long ago the President fired the BLS Head because he did not like the numbers. Maybe, just maybe, the BLS is doing a bad job when they just erased 1 million jobs for the year ending March 2025. That means most of 2024 did not create any jobs […]