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Fresh Week: NVDA Earnings, FOMC Minutes

May 24, 2022

  After a choppy week of options expiration (OPEX) this week, a few catalysts are to note.  Federal Reserve Chairman Jerome Powell is giving welcoming remarks on Tuesday afternoon. This pre-recorded event will likely not be a significant market mover, … Read more

SPX Squeeze Fires Short

May 22, 2022

  The S&P 500 (SPX) put in a new low at $3,810 and bounced into the close on Friday. Now the question becomes if we can get a bounce to the 21 exponential moving average (EMA).  The SPX is trading … Read more

Top to Bottom

May 20, 2022

As of today’s close, many of the bearish weekly squeezes we discussed last week have officially fired short. This adds to the list of reasons we’re looking for a continuation lower. Remember, the rule-of-thumb with a squeeze is once it … Read more

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