Traders wait and wait but we can run ahead
BY ANDREW GIOVINAZZI July 1st, 2025 Yo Pit Crazies, The BBB passed through the Senate and ended up spending even more than the House. If there’s a more ineffective group of individuals tasked with representing the American people, I’d like to know who they are. The BBB even caused stocks to react like this: […]
Stocks are winning big time – are you prepared to take advantage?
BY ANDREW GIOVINAZZI June 30th, 2025 Yo Pit Crazies, I’m anticipating a volatility crush soon — a ‘Vol Bomb’ where the VIX collapses. The problem, of course, is that the U.S. government has become too large and deeply entangled in the economy. It’s like waiting for that overbearing uncle to leave the Fourth of […]
Floor Stories: Slow Days
BY ANDREW GIOVINAZZI June 28th, 2025 Yo Pit Crazies, As the VIX tickled 16% this week it made me think about how I used to pass the time on slower days when I was a market maker. There’s a misconception about floor trading in that it is busy and hectic all of the […]
We traded all time highs today, so that should set up the best trade of the year
BY ANDREW GIOVINAZZI June 27th, 2025 Yo Pit Crazies, I went live last night with the lovely Ms. Hannah to walk through the biggest trading opportunity of the year. It’s not everyday you get a 10x return potential buy puts but there it is. Will a Vol Bomb go off this year like so […]
Stocks ALMOST post an all time high, so where are we going?
BY ANDREW GIOVINAZZI June 26th, 2025 Yo Pit Crazies, Yes, I said almost – a couple of ticks here and there but traders and investors want to take stocks higher. My AI adjacent portfolio for Flash 5 is turning in some gains, and I rolled my first winner up in Cisco Inc (Ticker: […]
This number is crazy
BY ANDREW GIOVINAZZI June 25th, 2025 Yo Pit Crazies, Stocks are trying to get to all time highs. Go on Fintwit and all the Dem Pundits say we are inches from a recession. All the Repub Pundits say we are inches from explosive growth. The truth is somewhere in the middle. Readers […]
How low can it go?
BY ANDREW GIOVINAZZI June 24th, 2025 Yo Pit Crazies, President Trump dropped the F-bomb today when speaking about Israel and Iran. He is tired of them fighting and I see his point. Iran could just be nice, Hamas could just be nice, Hezbollah could just be nice, but will that bring in the […]
We are on a road to nowhere, but not for long
BY ANDREW GIOVINAZZI June 23rd, 2025 Yo Pit Crazies, And there it is, the White House gives the green light to strike nuclear facilities, and Iran retaliates by hitting bases in Qatar. For now, Tehran is calling it even. Is this a signal for de-escalation? It seems that way. Iran has been significantly weakened—its […]
Vol Fatigue has set in – what does that mean for you?
BY ANDREW GIOVINAZZI June 20th, 2025 Yo Pit Crazies, As I sit here watching the VIX hanging in the 20s and SPDR S&P 500 Trust ETF (Ticker: SPY) down 0.13% on the day, my Pro Roomies are out here dropping gems like this: These squeezy, low-float IPOs are the stuff trading dreams are made […]
Wow was I wrong!
BY ANDREW GIOVINAZZI June 17th, 2025 Yo Pit Crazies, As I write this, President Trump is intensifying pressure on Iran to return to the negotiating table. The situation resembles a high-stakes game of chicken, especially in light of Frank Gregory’s report that Israeli actions have effectively compromised Iran’s control over its own airspace. That is […]