Some of you asked me to update this chart.
I actually stayed up most of the night watching futures to get a handle on how dealers position around +/- gamma.
I noticed before 8pm last night all rallies were being sold. Then almost like a switch being turned on a slow melt up started.
You can see how uncharacteristic last night futures were as the melt up...
What do we say to the god of the Death Cross?
Not Today.
Friday Biden kicked the can to February, a much better month for a market crashes.
I sat in an ER for 5 hours unvaccinated last weekend while Omnicron was present. Not dead!
If anyone got caught by Evergrande defaulting, they belong on the short bus.
Softbank who?
I'm going to play devils advocate to...