Loop

Posted on Sunday, November 19th, 2023

Bear market rallies are known to be quick and harsh. We have now quickly rallied back up to the high end of the range we have been enmeshed in for the better part of two years. They say – “Don’t fight the Fed.” The Financial Conditions Index (FCI) is a weekly update on U.S. financial… read more.

Quick Change

Posted on Sunday, November 12th, 2023

Like the weather in Atlanta – Things changed fast in the market last week. We swung from panic to outright greed in the space of 10 days. Now that we are in positive gamma, the market is just grinding higher until the next expiration, which is this Friday. Things have the potential to change again… read more.

Bolt

Posted on Sunday, October 22nd, 2023

We find ourselves once again in the realm of negative gamma, a phenomenon we’ve delved into previously. It’s worth noting that during most extended market selloffs, the majority of trading days exhibit this characteristic. But what exactly is negative gamma? Think of it as the moment when the market is most sensitive to external news… read more.