NFP: Not F*cking Playing

NFP: Not F*cking Playing

tomorrow brings NFP and markets are pretty coiled up for it. The risk trade is in focus and this can of course push a number of other markets along with it. On the lucky side, VIX slid back below 20 today so premium isn’t as expensive. Straddles can look more...
FOMC

FOMC

Next week brings the Fed and they may actually punt here. Covid numbers are a reason, but this Evergrande thing may spiral and with stocks pulling back a bit they might balk. But, they have been pretty intentional so I do think they’ll ultimately have something...
evergrande as the pin that pops it all

evergrande as the pin that pops it all

I still remember when there was massive skepticism around QE. It was artificial, and basically just a fake leg for global markets until politics could get their shit together and fix the structural problems that had shown at the time. Those problems were pretty...
S&P 500 Daily Price Levels

S&P 500 Daily Price Levels

S&P 500 Daily Levels & Setup Bullish backdrop, looking for short-term breakout There’s two big zones on either side of price, with a thick zone as ‘s3’ and a thin zone as ‘r2’ – each of which come from prior unfilled gaps...