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
Indy Market Discussion 6:30pm Monday
Seabrook Discussion 7pm Wednesday
New Age Traders Noon Thursday
1. High High Volatility: VIX > 32.
The SPX hit a 27.5% market correction last week. Why? Because Fed Chair Powell is forecasting another 100 to 125 basis points higher rate before the end of 2022. The Mannarino Risk Indicator of 382 is the highest it has ever been. Please keep your hedges on through the Midterm elections and perhaps beyond. Use the Bottom Link from Weiss Research, to study a 7 step approach to dealing with the 2022 Fed Fiasco. The new expected SPX range for this week: 3703 top and 3463 bottom.
2. US Dollar and 10 Year Interest Rate:
The US Dollar stabilized around 113. 10Y Note Interest topped 4%. 30 year fixed rate mortgages are around 7%. The Yield curve for the 2 year vs 10 year near 1981 levels. 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.
3. Crypto Currency: Bitcoin at $19,390 is still range bound.
The $24,000 to $18,525 range has lasted 19 weeks. Corporations, Countries, and Institutional investors are accumulating large Bitcoin positions. Fidelity($3.5T AUM), Charles Scwab ($5.0T AUM) and Citadel are partnering to create a Crypto brokerage for their clients following Black Rocks ($11T AUM) lead. Please continue to Dollar Cost Average into Bitcoin and Ethereum. Crypto winter will last for another 6 months, as we wait for the next Bitcoin Halving in 16 months.
https://support.tastyworks.com/support/solutions/articles/43000612831-available-cryptocurrencies
,
4. 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
5. TRADE Log: VIX > 32
1.) Jade Lizards -
2.) Put Broken Wing Butterflies -
3.) Put and Call Credit Spreads -
4.) Put Calendars - EWZ*, F*, DIS, MU, MCD, AMD, BITO, AMZN, BSM, DWAC
5.) Upside Ghetto Spreads - TBT
6.) Downside Ghetto Spreads -
7.) Collars - BSM*, GOOGL*, MSTR*
8.) Weekly Butterflies - SPX*
9.) Covered Calls -
10.) Back Ratio’s - XLU*
6. Video and Articles
Theotrade: Will This Volatility End with a Bang?
https://youtu.be/-F-aoxETvu8
https://traderschoice.net/about-traders-choice/
https://finance.weissratings.com/reports/SMR/fiasco-2s-2207/
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
Indy Market Discussion 6:30pm Monday
Seabrook Discussion 7pm Wednesday
New Age Traders Noon Thursday
1. High High Volatility: VIX > 32.
The SPX hit a 27.5% market correction last week. Why? Because Fed Chair Powell is forecasting another 100 to 125 basis points higher rate before the end of 2022. The Mannarino Risk Indicator of 382 is the highest it has ever been. Please keep your hedges on through the Midterm elections and perhaps beyond. Use the Bottom Link from Weiss Research, to study a 7 step approach to dealing with the 2022 Fed Fiasco. The new expected SPX range for this week: 3703 top and 3463 bottom.
2. US Dollar and 10 Year Interest Rate:
The US Dollar stabilized around 113. 10Y Note Interest topped 4%. 30 year fixed rate mortgages are around 7%. The Yield curve for the 2 year vs 10 year near 1981 levels. 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.
3. Crypto Currency: Bitcoin at $19,390 is still range bound.
The $24,000 to $18,525 range has lasted 19 weeks. Corporations, Countries, and Institutional investors are accumulating large Bitcoin positions. Fidelity($3.5T AUM), Charles Scwab ($5.0T AUM) and Citadel are partnering to create a Crypto brokerage for their clients following Black Rocks ($11T AUM) lead. Please continue to Dollar Cost Average into Bitcoin and Ethereum. Crypto winter will last for another 6 months, as we wait for the next Bitcoin Halving in 16 months.
https://support.tastyworks.com/support/solutions/articles/43000612831-available-cryptocurrencies
4. 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
5. TRADE Log: VIX > 32
1.) Jade Lizards -
2.) Put Broken Wing Butterflies -
3.) Put and Call Credit Spreads -
4.) Put Calendars - EWZ*, F*, DIS, MU, MCD, AMD, BITO, AMZN, BSM, DWAC
5.) Upside Ghetto Spreads - TBT
6.) Downside Ghetto Spreads -
7.) Collars - BSM*, GOOGL*, MSTR*
8.) Weekly Butterflies - SPX*
9.) Covered Calls -
10.) Back Ratio’s - XLU*
6. Video and Articles
Theotrade: Will This Volatility End with a Bang?
https://youtu.be/-F-aoxETvu8
https://traderschoice.net/about-traders-choice/
https://finance.weissratings.com/reports/SMR/fiasco-2s-2207/