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
Seabrook Discussion 7pm Wednesday
New Age Traders Noon Thursday
1). High High Volatility: VIX > 31.
The Markets are selling off the Fed Rate Hike of 75 basis points. Fed Chair Powell is forecasting another 100 to 125 basis points higher rate before the end of 2022. On Friday, the markets hit the June lows of 24.5% correction. Please keep your hedges on through the Midterm elections. The rise of both the US Dollar and Interest rates are hurting US Markets, Consumers and Businesses. The new expected SPX range for this week: 3817 top and 3569 bottom.
https://traderschoice.net/about-traders-choice/
2). US Dollar and 10 Year Interest Rate:
The US Dollar is rising above $114. 10Y Note Interest is near 3.8%, an 12 year high. 30 year fixed rate mortgages are around 6.5-7%. 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 $19,0405 is still range bound.
The $24,000 to $18,525 range has lasted 16 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 read Michael Saylor’s tweet below. He sold $500M in Microstrategy stock to purchase more bitcoin. Please continue to Dollar Cost Average into Bitcoin and Ethereum. Crypto winter will last for another 10 months, as we wait for the next Bitcoin Halvening in 22 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 > 31
1). Jade Lizards -
2). Put Broken Wing Butterflies - TSLA
3). Put and Call Credit Spreads - IWM
4). Put Calendars - BITO, DWAC
6). Upside Ghetto Spreads - TSLA*, SAVA*, TBT*
7). Downside Ghetto Spreads - SPY*
8). Collars -
9). Weekly Butterflies - SPX*
10). Covered Calls -
6. Video and Articles
Theotrade - Are markets coming apart?
https://youtu.be/UYQviviGcZw
https://traderschoice.net/about-traders-choice/
https://www.tastytrade.com/shows/options-trading-concepts-live/episodes/broken-wing-butterfly-everything-you-need-to-know-09-12-2022
Tuesday 9:45am - DNOWS Meetup
Seabrook Discussion 7pm Wednesday
New Age Traders Noon Thursday
1). High High Volatility: VIX > 31.
The Markets are selling off the Fed Rate Hike of 75 basis points. Fed Chair Powell is forecasting another 100 to 125 basis points higher rate before the end of 2022. On Friday, the markets hit the June lows of 24.5% correction. Please keep your hedges on through the Midterm elections. The rise of both the US Dollar and Interest rates are hurting US Markets, Consumers and Businesses. The new expected SPX range for this week: 3817 top and 3569 bottom.
https://traderschoice.net/about-traders-choice/
2). US Dollar and 10 Year Interest Rate:
The US Dollar is rising above $114. 10Y Note Interest is near 3.8%, an 12 year high. 30 year fixed rate mortgages are around 6.5-7%. 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 $19,0405 is still range bound.
The $24,000 to $18,525 range has lasted 16 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 read Michael Saylor’s tweet below. He sold $500M in Microstrategy stock to purchase more bitcoin. Please continue to Dollar Cost Average into Bitcoin and Ethereum. Crypto winter will last for another 10 months, as we wait for the next Bitcoin Halvening in 22 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 > 31
1). Jade Lizards -
2). Put Broken Wing Butterflies - TSLA
3). Put and Call Credit Spreads - IWM
4). Put Calendars - BITO, DWAC
6). Upside Ghetto Spreads - TSLA*, SAVA*, TBT*
7). Downside Ghetto Spreads - SPY*
8). Collars -
9). Weekly Butterflies - SPX*
10). Covered Calls -
6. Video and Articles
Theotrade - Are markets coming apart?
https://youtu.be/UYQviviGcZw
https://traderschoice.net/about-traders-choice/
https://www.tastytrade.com/shows/options-trading-concepts-live/episodes/broken-wing-butterfly-everything-you-need-to-know-09-12-2022