BY BILL GRIFFO May 13, 2024China Is Buying Gold, Sending Prices to Record Highs – The New York Times (nytimes.com) Beijing is...
Read MorePROFESSIONAL TRADERS. POWERFUL PROFITS. PERSONAL CUSTOMER SERVICE
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May 13, 2024
China ramping up Gold Buying
BY BILL GRIFFO May 13, 2024China Is Buying Gold, Sending Prices to Record Highs – The New York Times (nytimes.com) Beijing is buying up gold to diversify its reserve funds and reduce its dependence on the U.S. dollar, long considered the most important currency to hold in reserve. China has been reducing its U.S. Treasury holdings for more…
May 13, 2024
The Long Weekend
BY ANDREW GIOVINAZZIMay 13, 2024Yo Pit Crazies, If you have not signed up for Licia Leslie’s Prima Pitchfork class do so here. The weather is warming up in Maine and the clammers are back. This fellow will get $2.50 per pound pulling out 5 50lb (bushel) bags in a session. For those light on clamming info, check…
May 12, 2024
VIX drops to another 30 day low
BY ANDREW GIOVINAZZIMay 12, 2024Hey OP Crew, AG’s alter-ego Vol Man here with my weekly analysis. As usual, I will start with my last forecast… If some of my Option Volatility Jargon is vexing, our Glossary is here. Last Week: “This is a very light news week. I expect a little pullback in stocks once the news on the…
May 12, 2024
Quiz Bowl and CPI
BY MARK SEBASTIAN May 12, 2024Hey Traders, In today’s video: we’ll do quick rundown on what I think is happening with CPI Quiz Bowl https://optionpit.com/wp-content/uploads/2024/05/IMG_0871.mov Your Only Option, Mark Sebastian
May 12, 2024
Chart of the Week: Alcoa Corp (Ticker: AA)
BY LICIA LESLIE May 12, 2024https://youtu.be/26N0ZEG9aeU Thanks for Reading … See You Next Tuesday,Licia Leslie
May 12, 2024
S&P 500 Pull Back?
BY LICIA LESLIE May 12, 2024Hi Shoppers, The S&P EMini Futures (Ticker: ES1!) could not trade over my pitchfork resistance on Friday. If fact they traded right up to my parallel line and rolled lower by $30 before recovering: Friday’s price action did create a change in trend candle called a shooting star. If we open and trade lower…
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Quiz Bowl and CPI
BY MARK SEBASTIAN May 12, 2024Hey Traders, In today's video: we'll do quick rundown on what I think is happening with...
Read MoreChart of the Week: Alcoa Corp (Ticker: AA)
BY LICIA LESLIE May 12, 2024https://youtu.be/26N0ZEG9aeU Thanks for Reading … See You Next Tuesday,Licia Leslie
Read MoreS&P 500 Pull Back?
BY LICIA LESLIE May 12, 2024Hi Shoppers, The S&P EMini Futures (Ticker: ES1!) could not trade over my pitchfork resistance on Friday. If...
Read MoreRevisiting AA
BY LICIA LESLIE May 10, 2024Hi Shoppers, I am revisiting Alcoa Corporation (Ticker: AA). If you remember, I talked about the cup and...
Read MoreTicker of the Week: Palantir Technologies Inc (Ticker: PLTR)
BY MARK SEBASTIAN May 9, 2024 https://youtu.be/9Rs47QwkWVk TRADE IDEA Buy to open 1 PLTR Jun21 20/22 strangle for 1.45 top Each...
Read MoreExponential growth isn’t good enough this earnings season
BY MARK SEBASTIAN May 9, 2024Hey Traders, The trend for this earnings cycle is what companies are going to deliver, not what...
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