Working with weekly charts I love the IWM. Why is that? Because it has not moved much in over a year as we can see in the black line in the image. It is also said that the IWM is a leading indicator and shows the way of the SPX
Read MoreAuto sales are down and so is manufacturing employment. Retails sales are up which is weird, since they should come down as well, That they are up IMO is because of inflationary spending. Recession is ahead. People are paying more for less goods. We are in a Stagflation. GDP expectation
Read MoreYou must consider a few developments in regard to Inflation, interest rate hikes, war and economic stagflation. Where is the economy heading and why do I short the Russel 1000. There are a few datasets I am following and a few political events. I wont put this all into one
Read MoreGDP Estimate for the US corrected to 5.1% for Q4, 2021. My estimate for the GDP is 20,662 Trillion Dollars. This would be an astronomical 6.07% growth in the last quarter of 2021! According to GDP NOW the GDP number might come out lower at 19.725 Trillion Dollars. Either way,
Read MoreDerived from the amount of OPEN INTERESTS multiplied with 100 shares per contract times mid price gives us a good estimate what money is at stake and where the Market Maker will make the most money.
Read MoreAn update on IWM Call Spread. IWM reaches the frontline of defense threatening a breakthrough the all time high it reached in the beginning of March 2021 where it topped out at 234.53. Now what? Will it retread or advance?
Read MoreWith an estimated GDP growth of only 0.5% for Q3 21 it tells me that the Bull Market is coming to an end. My Flags going on “Stay Flat” Yellow!! This would be a catastrophic drop of -3.7% from Q2. #Stagflation #GDP #Options Maybe it is time to Buy some
Read More