There’s Profits in This Mine!

Daily Pit Stop [FSTP] Securing long term wealth is about two things: generating income (like 20% every 14 days) and hedging your portfolio to save you on down days (like with this Portfolio Savior). Andrew Giovinazzi has created a strategy that does BOTH... [watch last night's launch here.]( There’s Profits in This Mine!  Hey OP Crew, Griff here with the Chart of the Day. Good time to accumulate some Van Eck Gold Miners (Ticker: GDX) here. As you can see below the $30 level is supported by the largest absolute gamma strike plus the 200 dma. [fstp] Gold is heading into its most bullish seasonal pattern and the fundamentals are extremely bullish. Consider a dollar cost average accumulation which will protect your portfolio from a weaker dollar and a break in the financial system that crushes stocks. Let’s Go!  - Bill  [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)  [fvix] AMD Takes The Fight To NVIDIA  In today's Mid-Week update video, we'll cover: - Why non-farm payroll is a big deal right now - The only 3 ETF's outperforming the S&P - AMD taking the fight to Nvidia  [fvix] [Click here to watch the video!]( - Mark  [frep] Ticker of the week: SPY The market is no longer the market… There are 7 stocks that make up a huge portion of the S&P 500 and the Nasdaq 100…in particular the Nasdaq 100 is pushed around by these 7 stocks. The S&P 500 while still driven by these big 7 names is broad enough that it can rally even when they all fall. They fall in 2 major sectors of the S&P 500 index, the technology sector and the consumer discretionary. The rest of the index might seem too many to be less important…but in reality they make up the majority of the index. SO…what is to come of the broad market index? This week we break down SPY to tell you whether the gig is up on this ETF, or whether it is time to buy [Read on here]( - Mark  [fprm] Holiday Cheer! Retailers are getting some good holiday cheer … but not from the usual shelves. I’ll get more into that in a second. First some current events. Last night was a testy little Republican debate for the race to #2. I think Ron had a good showing, Nikki Haley was respectable, Vivek was on fire, and Chris Christie was the brunt of jokes … “Your idea of foreign policy was closing a bridge from NY to NJ.” Brilliant! Whoever wins will potentially impact the Supreme Court. Speaking of SCOTUS - R.I.P. to Sandra Day O’Connor. The first woman Supreme Court Justice brought a keen intellect and sanity to the bench. She was the epitome of class. I met her over 32 years ago when she spoke at my law school, and I got to pick her up at the airport. She will be missed. Apparently, no one is going to miss a cash register this holiday season. Big sales might come in the alternative product stockings. [Click here to read all about it.]( - Frank  [AG] A Rare Adjustment for WIC From the Desk of Option Pit Director of Education Andrew Giovinazzi.  For those who saw [my presentation for Weekly Profit Cycles](, here is a little insight for you. When VIX9D jumps above VIX, expect a move in the short term for SPX to be way over the current VIX number.  That signal got stronger today. [fstp] In Weekly Profit Cycles, I rolled out of some VIX puts and into long SPDR S&P 500 (Ticker: SPY) calls. To see the rest of the position and what I think the market will do post-FOMC tomorrow, [join us in Weekly Profit Cycles](. - AG  [Glossary] There are plenty of terms in the trading world that need explaining. The Option Pit Glossary is here to help. Today's phrase is:  Historic volatility (HV) - Actual movement of an underlying asset over a previous period of time. Generally referred to as HV or realized volatility, and is often given in intervals like 10-day, 20-day, or 30-day historical volatility. 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. 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