Where Is Money Going?

BY ANDREW GIOVINAZZI March 21, 2025 Yo Pit Crazies,    Traders got an earful this week on a variety of topics:   -The Fed Chair still sounded hawkish while discounting GDP growth -The Invesco QQQ Trust (Ticker: QQQ) could not hold a rally as mass Mag 7 selling kept going  -Much of D.O.G.E. is getting […]

This Is Why No Rally Will Hold

BY ANDREW GIOVINAZZI March 20, 2025 Yo Pit Crazies,    Once again, the current market is like the weather in Maine – you don’t like it. Well, don’t worry because in a few days it will all be different. But with a 20.26 VIX at midday and a 24% realized volatility over the past 10 […]

Is the selloff in SPY over?

BY ANDREW GIOVINAZZI March 19, 2025 Yo Pit Crazies,   Traders went on a shopping spree today looking for bargains as Fed Chair Jerome Powell remarked, surprisingly, that there was not a whole lot wrong with the picture he saw in front of him.   -labor market was “good” -inflation expectations “mostly due to tariffs” […]