Live Trading

Category: Pit Report

Volatility is dead, Long Live Volatility

Volatility is dead, Long Live Volatility With yet another ugly open as the USA weighs big tariffs on China, I noticed two things.  The selloff HERE was tepid and Chinese stocks did not do well.  If you follow the $FXI, it was down over 1.25% in a week that saw little happiness for that ETF.  […]

$AAPL is going to 1Trillion dollars

$AAPL is going to 1Trillion dollars   I don’t mean the share price.  I mean the market cap.  Alright I know that is not a stretch at this point but it is still very impressive.  The last time I remember a stock and a billion dollar market cap possible it was $MSFT in 2000 and […]

VIX is bit worried about the QQQ and AAPL

VIX is a bit worried about the QQQ   $QQQ had another down day today as the selloff in the big tech names is still moving with decent force.  The old days of 180+ $QQQ are in the review window at least until $AAPL reports this week.  I think that is where the vol is […]

The Market Does not Like Facebook $FB, $SPX

The Market Does not Like Facebook  $FB, $SPX We don’t see a $500 billion company lose 20% of its value in a day often but today was one such day. The market hated FB after Debbie Downer CFO issued sobering revenue forecasts.  With 2 billion users FB pretty much has everyone with a phone already […]