Powell has to be the most political and destructive Fed chair ever.
2020-2021: Behind the curve, kept rates at 0% while CPI was at 7% (There's never been a 700 bp spot spread in history before off a zero base). He kept buying MBS and had his foot on the gas while inflation was…
SALTY LANGUAGE WARNING. I had a run-in with Chicago Mayor Brandon Johnson's anti-police senior aide, Kennedy Bartley, whom he recently promoted and increased her salary to $192K at a time when he's frozen city hires and cut police academy classes. This is at a time when Chicago…
$ES_F Unlock the power of your charts with these simple steps to chart standard deviations/sigmas. Follow along and see the difference it can make in your trading strategy. Empirical RULE!
RTGamma 0DTE SPX GBS Chart #0DTE#GBS#SPX#ES_F#options
SPX: 3949.68
GEX: -17.4 B
LG1: 3950.0, LG1 total gamma: 6.11 B
LG2: 3960.0, LG2 total gamma: 2.4 B
LG3: 3930.0, LG3 total gamma: 2.06 B
I expect S&P 500 to trade in a range-bound fashion over the coming months. Current smaller ping pong range will eventually give us a big trending move to trade.
$ES Today was no exception to the usual volatility that accompanies the release of CPI data. The price action was erratic, not just during ON, but also during RTH. 4155 of interest given the notable orderflow activity.
Smashlevel: 4155
$VIX $SPY $SPX #ES_F#plan#smashlevels
$ES Weekly Plan | February 13-17 📌
🟥 Daily: OTFD
🟩 Weekly: OTFU
🟩 Monthly: OTFU
As usual, a detailed daily plan will be published tomorrow.
More insight ⬇️
$SPY $SPX #ES_F#volumeprofile#smashlevels
Prosecutors have charged a second man with murdering and robbing restaurant manager Michael Byrnes as he traveled home in the Loop last September.
cwbchicago.com/2023/02/second…
$ES Weekly Outlook | December 5-9 📌
🟨 Daily: BALANCE
🟩 Weekly: OTFU
🟨 Monthly: BALANCE
An in-depth daily plan will, as usual, be published tomorrow.
More insight ⬇️
$SPY $SPX #ES_F#volumeprofile#smashlevels
$ES Weekly Outlook | November 21-25 📌
🟨 Daily: BALANCE
🟩 Weekly: OTFU
🟨 Monthly: BALANCE
An in-depth daily plan will, as usual, be published tomorrow.
More insight ⬇️
$SPY $SPX #ES_F#volumeprofile#smashlevels
2 years ago: 30-yr mortgage rate was 2.80% & average new home price in the US was $395k.
Today: 30-yr mortgage rate is 7.08% & average new home price is $518k.
Result: $25k increase in down payment (assuming 20% down) & 114% increase in monthly payment (from $1,298 to $2,779).
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