Morning Update – June 27th, 2022

Morning Update

Good Afternoon Friends, That JPMorgan Collar on the SPX is keeping us range-bound, and we are feeling a bit of reverse to the Volatility Means, so many of the underlyings should be near the center of the Bollinger Band. Which

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Morning Update – June 24th, 2022

Morning Update

The University of Michigan Survey of Consumer Sentiment was started in 1952, containing 70 years of data, and the reading it gave today was the worst ever in the history of the survey. Worse than the Kennedy Assassination, Financial Crisis,

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Morning Update – June 22nd, 2022

Morning Update

Yesterday’s beginning of our “short cover rally” was literally followed by a HUGE amount of selling calls and buying puts across indexes and individual equities. It seems no one thought the Gamma Squeeze Short Cover set to expire on June

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Morning Update – June 16th, 2022

Morning Update

Good Morning Friends. Yesterday’s FOMC was strange in that markets priced in a 3.2% hike this year, and actually with them pulling forward 75 and not committing to what will happen next means a 2.5% is potentially the max they’ll

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Morning Update – June 15th, 2022

Morning Update

Good Morning.  We all know that today starts QT, and FOMC meets today, so we will hear what the Feds will give us on forward guidance for the latest inflation rates; but what’s new is that the Euro Central Bank

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