0

Market Musing 8-9-2022, Can the rally and meme stocks continue as we wait for CPI Data?

PUBLISHED Aug 10, 2022, 6:49:15 PM        SHARE

img

Tuesday 9:45am - DNOWS Meetup

  • What Trades do you have?
  • How is your education going?
  • Market/Industry/Bitcoin Technicals
  • Stock, ETF, Crypto Alpha Boost Case Studies

SPX survey

Seabrook Discussion 7pm Wednesday

New Age Traders Noon Thursday

  1. Moderate Volatility: VIX > 21. SPX overall is bearish. The US Markets are waiting for CPI Data on Wednesday to confirm that we are past peak inflation. Higher inflation data will cause market drop as folks anticipate a more aggressive Fed Rate Hike cycle. The money printing machines are on full blast with ECB buying Unlimited European Bond and US Congress passing the $738 Billion Inflation Reduction Act. Perhaps we break out higher, in spite of Stagflation. The new expected SPX range for this week: 4232 top and 4058 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 stabilizing around the 106 level. As mentioned above, higher CPI data will spike interest rates causing the US Dollar to also spike higher. The 10Y Note Interest has stabilized around 2.79% while 30 year fixed rate mortgages are around 5.5-6%. The Yield curve for the 2year vs 10 year, is the widest inversion ever. In the past, 2 negative GDP Quarters signaled a recession, but apparently this time is different?!?!? Long Term the US Dollar decline is still intact with Fiscal and Monetary stimulus flooding the world with US Dollars.

DXY chart

  1. Crypto Currency: Bitcoin range bound between $24,000 to $18,500. Cryptos too are interest rate sensitive. Long Term and Institutional Investors are using this DIP to Dollar Cost Average into both Bitcoin and Ethereum. Corporations, Countries, and Institutional investors are accumulating large Bitcoin positions. Please continue to Dollar Cost Average into Bitcoin and Ethereum. Crypto winter will last for another 11 months, as we wait for the next Bitcoin Halvening in 23 months.

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

BTC Chart

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

Alpha Boost ideas, sign up https://info.quietfoundation.com/alphaboost

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 > 22
  1. Jade Lizards - Z, PYPL

  2. Put Broken Wing Butterflies - TSLA*, GOOGL*

  3. Put and Call Credit Spreads - IWM, TB

  4. Put Calendars - DWAC*, PYPL*

  5. Upside Ghetto Spreads - AMZN, TSLA*, GOOGL, AMD*, BABA*

  6. Downside Ghetto Spreads - SPY, QQQ

  7. Collars - AAPL*, JNJ*, F

  8. Weekly Butterflies -

  9. Covered Calls - PDBC

  10. SuperBull - LRCX*

Trade Mechanics

  1. Video and Articles

SPECIAL REPORT: US Stock Market, Bear Market Comps 08/01/22

https://youtu.be/m-scbvT8Jpg?t=143

Bear Market Stats

https://theotrade.com/good-news-and-trades-gone-bad/

https://theotrade.com/memes-surge-as-we-party-like-its-2021/

https://www.tastytrade.com/shows/market-measures/episodes/new-lookback-tutorial-07-15-2022

https://www.tastytrade.com/shows/market-measures/episodes/how-volatile-is-volatility-08-04-2022



Sound investments
don't happen alone

Find your crew, build teams, compete in VS MODE, and identify investment trends in our evergrowing investment ecosystem. You aren't on an island anymore, and our community is here to help you make informed decisions in a complex world.

More Reads
Will Appian Stock Go Up?
Image

Most Appian investors are getting edgy and wondering, will Appian stock go up? The stock drop has caused anxiety among investors in recent months. However, the trend may change acoording to analysts forecasts.

Apple Earnings Per Share – Why is Apple Dividend So Low?
Image

If you are wondering why is apple dividend so low and what is the expected apple earning per share in the next quarter, read this informative article.

Anticipation
Image

Stock Market Analysis & Commentary

Meme Stock Frenzy Could Spark Debate
Image

After GameStop and Revlon, Now There's AMTD Digital

StockBossUp Stock Giveaway!
Image

StockBossUp is hosting a free stock giveaway in partnership with National Retail Properties, Inc.

GOOG Earnings Hit Slightly By the Current Economic Slowdown
Image

Goog Earnings have been affected by the current economic activity, yet the revenues are still higher.

From Being Digital To Being Tactile, Tiffany & Co Unveils NFT Pendants
Image

Tiffany & Co announced through their Twitter account that they would in collaboration with crypto startup Chain will be releasing a new limited edition NFT collection which they call NFTiff

Yen Squeeze Continues
Image

Short yen positions continue to get unwound, which is leading the move, followed by the Antipodeans, where the Reserve Bank of Australia is expected to hike rates tomorrow.

Market Musing 8-1-2022, How does this Recessionary Bear Market Compare to others?
Image

1. Moderate Volatility: VIX > 22. SPX overall is bearish. However, we have enjoyed a two week upside breakout. How high can this rally go in a Recessionary Bear Market?

Tesla stock prediction as Sell-off of Bitcoin
Image

What will be the price of TSLA stock in the coming months and years? Will it recover its position after this recent dip?

How To Set up Polygon Matic on Metamask: A Beginner’s Guide
Image

This guide will simplify everything there is to know about adding the polygon network to your metamask wallet. Sit tight and enjoy the smooth ride.

Nvidia Stock Price & Forecast | NASDAQ: NVDA
Image

NVIDIA Corporation (NASDAQ: NVDA), the company invented GPU in 1999 which help the growth of the PC gaming market.

Political Agreements Boost Green Stocks and Semiconductors
Image

Sen. Joe Manchin (D-WV) Has Decided to be Team Player

Was That ‘The’ Bottom ?
Image

Stock Market Commentary

DIY Investing - Do You Have What It Takes To Succeed?
Image

An outline of my upcoming book on DIY investing. Look it over and see how many of the boxes you can check.

Avoiding emotions on the market
Image

Markets rise and fall and sometimes can even be shut down (who knew?). It should be highlighted that investment in any instruments other than fixed income securities is generally considered volatile.

The Case for Buying the Dip
Image

The case for buying the dip is based on the availability of undervalued assets in a market that has suffered indiscriminate selling.

Fed Day
Image

Better US news from the likes of Google, Microsoft, and Texas Instruments has helped lift sentiment today and is encouraging a more risk-on mood ahead of the FOMC meeting.

Berkshire Hathaway Forecast ahead of Quarter 2 2022 Earnings Report
Image

Berkshire Hathaway announced its Quarter 1 2022 earnings on 30th April. During the first quarter, earnings declined due to slowing economic growth and stock market pullback. Berkshire Hathaway quarter 2 2022 earnings are expected to be published on 5th August. Let's look at the current market trends and Berkshire Hathaway's performance to determine a possible outcome of the quarter 2 2022 earnings.

Resources for Publishers
Resources for New Investors
Boosted with BossCoin