How we played the FOMC, netting +5.5K
Take a look at this video and see how Joe played the FED decision and rate hike.
Archives: Daily Videos
Waiting on the FOMC
With a 3/4 point rate hike priced in, what are the trends, expectations, and setups as the market awaits a big decision from the FOMC.
Two setups for the FOMC
Will they or won’t they hike 3/4 of a point? And what will the reaction be? Trading through summer is still going to be subjected to wild swings, and there are ways we can handle it, I explain all that and more in this update.
Since 1990, This Has Happened 25 Times, And It Happens Again Tomorrow
There is a lot to cover so let’s get started.
Trading the Upcoming Short Squeeze
Today, the indexes made new lows on the year, the 10-year made new highs, and bitcoin fell almost 20%. But, you know what else made new highs? The put/call ratio is at levels not seen since March of 2020. That means a massive short squeeze is brewing.
New Lows on the Year — Bring on the Bear
The S&P officially closed in bear market territory, but let’s be real, it’s been trading in a bear market fashion all year, it’s just now official. Assets got whacked across the board, including energy, crypto, and gold, in a total asset devaluation. As of now, the next major catalyst on the docket is the Fed meeting on Wednesday. Will it set off a short squeeze, or finally send us into capitulation?
Preparing For a Big Week
This week will no doubt prove entertaining and likely quite volatile. Events are the VIX Expiration and FOMC rate decision set for Wednesday as well as EOQ Triple Witching two days later on Friday.
Red Across the Tape Today
After a day like today, one wonders where is the safe space? Or is there a safe place to hide? There were not many and it certainly is not in Crypto. In tonight’s video I will walk through what I do see and am planning for, given the anticipated volatility later this week.
They Say There’s No Such Thing As a Triple Bottom
Today, AMZN dropped down to its Voodoo fireline, the third visit in about a month. They say that there’s no such thing as a triple bottom, so what does that mean for this name, and for indices where AMZN is heavily weighted?