What is the speaker's opinion on the market movement?
The speaker believes the market is moving, and it's a little ugly out there today. He also mentions that gold has been weak and silver has been down.
9 matching records.
The speaker believes the market is moving, and it's a little ugly out there today. He also mentions that gold has been weak and silver has been down.
The speaker mentions that the E-mini S&P and Nasdaq are down, indicating a bearish trend in the markets.
SLV is up 50 cents, which is a decent size move. 1%, but it probably was down when he looked at it.
The VIX future moved up by $28 to $1790, indicating a significant increase in market volatility expectations. The speaker notes that this is almost a 6% move, highlighting the magnitude of the change.
The speaker expects Coinbase to move by approximately $1175, with a potential drop of $20 on earnings.
The market's movement is attributed to the CPI data and the subsequent reaction, with some traders suggesting a 'buy the rumor, sell the news' dynamic.
Research shows that adjusting the strike to a lower cost basis can provide more protection as the market moves down.
Yes, a sell-off is expected today due to the size of the move yesterday, and it's considered unprecedented.
On a big movement day, it's prudent to roll early to adjust positions, especially if you have short delta. If you have long delta, you might wait until the next day.