If this is the top, mark this post!

Option Pit Stop [fstp, logo, header] May 21, 2024 [ag views, logo, header] If this is the top, mark this post! Stocks are very close to all time highs. So yeah Monday we traded higher midday but this would be a closing high in SPX. VIX is in the basement barely holding 12. [ded] I still think this is like a rubber band waiting to spring on Nvidia Corp (Ticker: NVDA) earnings.  Today was very quiet but there were some stocks up so the tone is still bullish at the top. Not a surprise. Stocks should spring out of the gate, post NVDA on the 22nd. - 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)  [logo, fvix, header,] Update on my UVXY Trade  Hey Traders, In today's video, we'll cover: - NVIDIA earnings - My 5 Stock Watchlist - Update on my UVXY Trade [ded]( [Click here to watch the video!]( - Mark --------------------------------------------------------------- Want to get Mark's Trader's Edge updates directly to your inbox?[Click this link to sign up!](  [frep] How We'd Trade WMT  Hey Trader, This week during our Ticker Highlight Show, we covered Walmart Inc (Ticker: WMT). If you don't know what our Ticker Highlight Show is, it's an extra live trading session Andrew and I host on Mondays at 10:30 a.m. ET each week for Option Pit paid traders who have an account on our Option Pit WebApp. This means they get their trade alerts INSTANTLY. If you are a paid subscriber and haven't logged in, [you can find full instructions HERE](. I suggest you do that now - because these trading sessions have been on fire. [Check out the track record right here.]( We each gave our thoughts on WMT last week in the Pit Report, and we held a live roundtable show yesterday to come up with some actionable trades for you. [Click here to watch the full show.]( [ded] - Mark --------------------------------------------------------------- Receive the Option Pit "Ticker of the Week" breakdowns as soon as they are released. [Click this link to sign up!](  [fpri] "Freddie Mac's New Plan: Are We Heading Towards Another Mortgage Crisis?" Hey Income Hunters, Today, we're diving into a topic that's super important and a bit complex but I’ll break it down in simple terms so we all can understand it better… We're talking about a mortgage crisis 2.0, which follows the 2008 version, which drove home prices to levels far beyond their true value and when the bubble burst it nearly caused a collapse of the global financial system … Why now? Because the housing numbers are weakening enough that they feel the need to step and fuel more demand … Check out the latest numbers on new mortgages and new homes sold …  [ded] This new plan involves something called "second mortgages." [Click through to see what this plan means for the markets and for YOU …]( - Bill --------------------------------------------------------------- Never miss an edition of Bill Griffo's Power Income Newsletter ever again. [Click this link to sign up!](  [fomo, header, logo,] Why is everything in this market a near weekly binary event? Yo Pit Crazies, [If you want to be ready for the coming Gamma Bomb, check out Weekly Profit Cycles and learn how to pay for your S&P 500 Trust (Ticker: SPY) puts and get paid to do so.]( That was an actual statement from one of my students on Monday, why is everything an event? The Fed Inflation Reports Earnings Jobs Numbers It seems like the last year the market has been waiting for news and then propels itself in one way or the other. A collection of events wrapped around news. I think trading has been like that since Beranke and 2010 when the Fed got over involved in trying to restart the economy post GFC 2008. The Fed is simply too large relative to the economy and has an outsize influence. The same with government spending at this point. Too much of a good thing becomes a bad thing. They move markets big time. The question next is, “can one stock move the market?” Below is a chart of Apple Inc (Ticker: AAPL) post earnings. [ded]( 3 month AAPL chart with 1 day candles Can one stock move the whole market? [Let’s take a look.]( - Licia --------------------------------------------------------------- Join Licia's trading community and start receiving her Profits In Pumps Newsletter. [Click this link to sign up!](  [fprm] Events are Tarnishing Returns Hey Influence Traders, World governments have set 2050 carbon emissions goals. It will be a long and expensive process … that just got more expensive. A new report concluded that governments and companies need to spend an extra $34 trillion between now and 2050 to meet those goals. Managing climate goals is one of the many reasons that the U.S. government has an interest in world events … from China to Russia to Israel. Often, world events, and the U.S.’s reaction to them, impact companies. For example, last year’s Chip tariffs on China. Current events are putting tarnish on some outlooks. [Rocky Governments = Rocky Returns]( - Frank --------------------------------------------------------------- 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. Add Option Pit Live Events to Your Calendar [Apple]( [Google]( [Outlook]( [Outlook.com]( [Office 365]( [Yahoo](   [glossary, logo] There are plenty of terms in the trading world that need explaining. The Option Pit Glossary is here to help. Today's phrase is:  Swing trade - A trade lasting from a few days to a few weeks in duration. [ftsp] All the Right Options. The Option Pit Team brings more than 150 years of experience to you every day. From the trading pits of Chicago to the world's largest banks to the halls of power in DC -- they've done it all. Now they’re collectively focused on one thing: making YOU a better, more profitable trader. Click the button below to schedule a call with our concierge Customer Care Team to find your best fit today. DISCLAIMER: FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. The materials presented from Option Pit LLC are for your informational and educational purposes only. Neither Option Pit LLC nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational and educational purposes intended is at the user’s own risk. DISCLAIMER: OPTION PIT LLC IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Option Pit LLC is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented materials. Specific trading ideas or strategies discussed in the presentations or materials are entirely illustrative and do not constitute the solicitation of a transaction (or transactions) or a recommendation to execute a particular transaction or implement a particular trading strategy. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Want to change how you receive these emails? You can [Update your preferences]( This email was sent by support@optionpit.com. 1-888-872-3301 [Option Pit]( | 190 S LaSalle Suite 3000 Chicago, IL 60603 | [Privacy Policy](