Huge Volume Hitting This Rocketing Cult Stock
Hey Traders, While the rest of the market has been caught up in the omicron/ARK Innovation ETF (Ticker: ARKK) sell-off, cult stock Apple (Ticker: AAPL) appears to be immune to the turbulence … setting a string of record highs as the rest of the market struggles to stay afloat. Of course, news that CEO Tim […]
Could ARKK Sink The Market?
Hey Traders, There is a lot going on out there … But in spite of omicron … In spite of inflation and the Fed … I think the most recent market turbulence can be largely attributed to one name in particular … ARK Innovation ETF (Ticker: ARKK). The ETF has been making headlines for weeks […]
Is ETH Gaining On BTC?
Genesis Volatility provides incredible analysis and a deeper look into the technical aspects of cryptocurrencies and crypto options. With crypto remaining a hot topic for traders of all types in today’s market, we’ve partnered with Genesis to provide their weekly insight to Pit Report subscribers. Hey Traders, Following along with the broad-market trend, cryptocurrencies have […]
The Reopening Trade Isn’t Dead
Hey Traders, It has been an all-around wild week, and I don’t think anyone knows quite what to expect next… Maybe that’s why the CBOE Volatility Index (Ticker: VIX) hasn’t dropped below 21 all week … But did take a trip above 35! And in times of uncertainty, I like to “follow the money” … […]
Two Big Money Bulls Go Grocery Shopping
Hey Traders, With all the talk about inflation, “consumer goods” has been at the tip of everyone’s tongue … After all, people always need to eat … So these “necessity” names should be relatively immune to the throes of inflation … right? But while we’ve been snapping up whatever goods we can find on the […]
Black Friday Couldn’t Break This Crypto Contango
Hey Traders, The world of crypto was also rocked by Friday’s sell-off, and Bitcoin option skews turned negative as spot prices dipped. However, although term structure briefly flattened, BTC futures remained in contango, and at-the-money implied volatility (ATM IV) remained stable. This may help explain that while put options led in terms of raw-dollar premium, […]
Black Friday’s Black Gold Opportunities
Hey Traders, There’s no doubt about it … Friday’s sell-off hit us hard … And it was especially tough on some sectors in particular – such as reopening names like travel and entertainment. But I want to talk about oil stocks. Oil fell 13% on Friday … its worst trading day of 2021. However … […]
What Flips The VIX Light Switch?
Hey Traders, For a low volume trading day … We certainly saw a lot of action to finish out the holiday-shortened week. In particular, I took note of the VIX, which was quick to spike up to 28 (that’s Zone 4 for those of you that know your Vol Zones). What is interesting is that […]
Is Big Money Watching For Meme Squeeze Part 3?
Hey Traders, Today I want to take a look at a Big Money trade targeting a former (and possibly future!) meme name. A lot of times when I see Big Money making a decisive move on a stock … I’ll look into a potential piggyback myself. Big Money traders often have access to information that […]
Your 401(k) Could Be Costing You More Than You Think
Hey Traders, Saving for retirement is important. And using tax-advantaged accounts is one of the BEST ways to help you save for retirement. Traditional and Roth IRA accounts are great options that nearly anyone can open (there are some restrictions, especially for Roth accounts, which have an income cap) … But perhaps the most well-known […]