Market Musing 4-12-2022, Inflation, Earnings, and Bond Sales oh my

PUBLISHED Apr 15, 2022, 6:12:41 PM        SHARE

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Market musing from George Crawford @GeorgeCrawIN

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  1. Med Volatility: VIX < 23. SPX hit the bottom of the expected weekly move on Monday. CPI inflation data hit a 4 decade high of 8.5% driven by higher oil/gas and wheat prices. Other volatility events include US Notes / Bond Sales and Corporate Earnings. Omicron, Vaccines and Treatments are eliminating Covid-19 domestically and globally. The new expected SPX range for this week: 4565 top and 4411 bottom.

SPX chart

Sell Put Credit and Call Credit Spreads. Buy Put Calendars, Ghetto Spreads and Butterflies on overbought Stocks and ETFs.

  1. US Dollar and 10 Year Interest Rate:

    The US Dollar is rising on increasing interest rates. For now $100 is resistance. 10Y Note Interest exploded to high a of 2.8% yesterday. This is a 80% rise in rates in 2022. 30 year fix mortgages are at a 4 year high between 5-6%. This not good for Tech Stocks and Real Estate. Commodities prices on Gold, Silver, Oil and Wheat remain elevated. Long Term the US Dollar decline is still intact with Fiscal and Monetary stimulus flooding the world with US Dollars.

DXY chart

TNX chart

  1. Crypto Currency: Bitcoin has dropped to $40,000. Mass institutional adoption accelerates. Watch for other Corporations, Countries, Investors and Retail investors to jump in Globally. Please continue to Dollar Cost Average into Bitcoin and Ethereum. Start unloading when CBBI.INFO hits 90% to 100%.

    The hottest application areas for Cryptos and Blockchain are Metaverse, Decentralized Finance (DEFI) and Non-Fungible Tokens (NFT). Besides Bitcoin and Ethereum, these momentum coins could represent scalping opportunities: Cardano (ADA), Vechain (VET), Hedera (HBAR), Solana (SOL), Chainlink (Link), Terra (LUNA), AXIE Polygon(Matic) and MANA.

    https://support.tastyworks.com/support/solutions/articles/43000612831-available-cryptocurrencies

    BTC chart

  1. Tasty Works Algo Trading System: James at Quiet Foundation

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https://issuu.com/luckbox/docs/2111-luckbox-site/56 Alph Boost Article

If you are new to options or this blog sounds like gibberish, please tryout Tasty Trade’s New 2020 Education. Includes 40 Videos, Testing and you get a certificate of completion at the end of the course.

https://tastytrade.thinkific.com/courses/beginner-options-course

  1. TRADE Log: VIX > 23
  1. Jade Lizards

  2. Put Broken Wing Butterflies -

  3. Put and CallCredit Spreads -

  4. Put Calendars -

  5. Crypto -

Trade Mechanics

George Crawford's previous musings:

2022 Inverted Yield Curve and Elon Musk Buys Twitter



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