Morning Update – May 10th, 2022

Morning Update

Good Morning! Yesterday we closed below our (Open Interest) Put Wall on both SPY and QQQ, and that has not happened since I can’t even tell you when.  We also have gamma squeezes on most of the major tech names,

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Morning Update – May 9th, 2022

Morning Update

This last Week/Weekend was massive and CrayZayZay! (Read with a Comedic Tone…) Russia Oil Embargo what?! (but not Gas, so Germany is spared a total implosion). Shanghai Ports, they still exist, only in our minds’ eye because strictions are getting

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Morning Update – May 5th, 2022

Morning Update

During Quantitative Easing, the Fed put Money into the market by buying an array of treasury bonds/securities/notes/mortgage backed securities, etc. Now every month some securities reach their maturity and historically the Fed has refinanced most of these.  With tapering, the

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Morning Update – May 4th, 2022

Morning Update

So with FOMC today, I’m not sure I need to be doing a huge update.  BUT, I did want to just point to a few things… Yesterday a number of central banks globally increased their rates (everyone except Japan), and

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