111.44Open116.54Pre Close19 Volume35 Open Interest470.00Strike Price234.38KTurnover0.00%IV0.61%PremiumDec 20, 2024Expiry Date121.15Intrinsic Value100Multiplier-2DDays to Expiry3.61Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma4.90Leverage Ratio--Theta--Rho--Eff Leverage--Vega
SPDR S&P 500 ETF Stock Discussion
As always, best of luck, Cool Cats, and God bless!
But what shook the market was the Fed's outlook for 2025, which shifted towards the hawkish direction. The Fed had revised their 2025 outlook from 3 rate cuts to 2 rate cuts, totalling 50 bps.
The Fed knows and is acknowledging that inflation is still sticky.
Meanwhile, interestingly, the latest pullback actually puts the market in a better position for a Santa rally as it helped ...
At one point, the S&P 500 had one of its worst single-day sell off for 2024, and Dow Jones clocked its longest losing streak since 1974!
But soon after, all 3 major indexes rebounded strongly! So, is the Santa Rally still in play this year?
Stocks covered in the video (technical analysis) – SPY, Apple, Tesla, Google, Meta, Microsoft, Nvidia + Option trades
$Trump Media & Technology (DJT.US)$ $GameStop (GME.US)$ $Disney (DIS.US)$ $Salesforce (CRM.US)$ $CrowdStrike (CRWD.US)$ $Bank of America (BAC.US)$ $Sea (SE.US)$ $Grab Holdings (GRAB.US)$ $Arm Holdings (ARM.US)$ $MARA Holdings (MARA.US)$ $Johnson & Johnson (JNJ.US)$ $Morgan Stanley (MS.US)$ $Spdr S&P Bank Etf (KBE.US)$ $USD (USDindex.FX)$
In my weekly YT Market Meowlysis tomorrow I will be sharing the setup that generated 10x and for some contracts even 15x returns on Friday. I am also developing trading materials that, perhaps at some point, I will release to the general public.
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