A Volatility Collapse of Epic Proportions

Option Pit Stop [fstp, logo, header] May 8, 2024 [ag views, logo, header] A Volatility Collapse of Epic Proportions This is [Andrew Giovinazzi](mailto:/andrew@optionpit.com) and I write the weekly VolMan vol review. In the daily PitStop I write what comes across the screen and all of a sudden stocks stopped moving. Like really stopped moving. With no real news to carry stocks and Fed speakers trotting out conflicting messages all day, the CPI number next week is it. The question is how low VIX can go until then? [fgstp] IX last broke 12 in December 2023 and that is still a 6 month low. The lower VIX goes, the more pressure is put on the vol products like the Proshares Ultra Short Term VIX ETF (Ticker: UVXY) - AG  [logo, pit profits] Want to find YOUR winning fit? Give our Customer Care Team a call at [1-888-872-3301](tel:/1-888-872-3301) Monday-Friday from 9 a.m. - 5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:/support@optionpit.com)  [fpri] Why Powell is NOT Fighting Inflation Hey Income Hunters, Last week Powell had a chance to shut down inflation quickly … When US Bank regulators seized Republic First the FDIC reported that the failure would cost the FDIC’s insurance fund $667 million … All Powell had to do was say Republic was sold but there will not be any more bailouts to backstop investor withdrawals of deposits.  That announcement would have started a bank run on deposits as depositors realize their deposits may no longer be “safe” if banks are not bailout. This in turn would cause banks to sell over $4 trillion in USTs and MBS they hold likely at losses, cutting back on lending and slowing down economic activity and with it inflation … Why did Powell admit inflation will stay stubbornly above their 2% target but not admit the Fed will come to the rescue of the banks for good? [Click Through to find out …]( - Bill --------------------------------------------------------------- Never miss an edition of Bill Griffo's Power Income Newsletter ever again. [Click this link to sign up!](  [fpip] Pitchfork Class is Tomorrow Hi Shoppers, We had another awesome session on pitchforks last night. [If you happen to miss it you need to watch the replay.]( Again and again the pitchforks pan out. They draw the roadmap to the next price target of the stock allowing you to know exactly what direction is next. So you can confidently shop for your options. Join my 90 minute class 12:30 - 2:00 ET Thursday and this is what we will do: - Learn All Rules for Pitchforks - Learn How to Choose the 3 Pivot Points for the perfect pitchfork - Determine if your Pitchfork is “Valid” - Learn what to do once the stock reaches your median line - Learn what to do once the stock reaches your parallel line (top or bottom) - Receive my exact pivot points on S&P E-Mini Pitchfork, which has tracked correctly since October 2023 and any other stock you like - Draw Pitchforks Together - Take Chart Requests All hosted in our brand new live streaming software so you can chat, post charts, and we’ll learn to draw Pitchforks together on your top stocks. This is an invaluable tool charting tool that you can use over and over again, the same pitchfork! [So become an Option Shopper or just join us for the class tomorrow.]( [Don’t forget to check out my new trade idea.]( - Licia --------------------------------------------------------------- Join Licia's trading community and start receiving her Profits In Pumps Newsletter. [Click this link to sign up!](  [logo, header] State of Crypto: May 8th 2024 Hey Crypto Traders! The latest State of Crypto has been posted [here](. Head on over now and [let's break it down](. - Greg --------------------------------------------------------------- Get all your DC Insider info inside of Frank Gregory's "Power Movies" Newsletter. [Click this link to sign up!]( --------------------------------------------------------------- Don't miss when our traders go live! Get an alert everytime we open the live rooms to all of our readers for free by selecting the calendar you use below. 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