VIX move subdued as market awaits Apple Inc (Ticker: AAPL) to save it

Daily Pit Stop [fstp, logo, header] 0dte trading is hotter than ever and big events this week are offering huge potential. Join Licia and Mark at 7 pm ET on Thursday for a review of after-hours Big Tech earnings and a preview of non-farm payrolls out Friday. Plus Licia will run through key charts and our duo will answer all your 0DTE questions live. Add event to calendar [Apple]([Google]([Office 365]([Outlook]([Outlook.com]([Yahoo]( [ag views, logo, header] VIX move subdued as market awaits Apple Inc (Ticker: AAPL) to save it No March Rate Cut for You says Jerome Powell with his best Soup Nazi imitation from Seinfeld. That was enough to send stocks down 1.5% today. Roughly 75 points. Another .50% tomorrow and the streak of at least 100 points per Fed announcement in 3 days will be intact. As I write this, VIX performance is subdued and only marginally put considering the No Rate Cut sadness. [stp] Thursday after the close is AAPL and Amazon.com (Ticker: AMZN). Both stocks are trading at elevated levels and need to knock the cover off the ball to maintain the lofty prices. VIX closing on highs of the day so there is a chance the selloff accelerates tomorrow. AAPL will have to save stocks. For now, the VIX move is muted so traders are not quite jumping into the selloff yet. - AG  [logo, pit profits] - Pit Report - KMX Mar15/FEB16 75 cc close for 28% gain - Option Pit Mentoring - SPY Feb09/fe02 497 cc 2 spy feb09 480p CLOSED FOR 6% GAIN 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] Powell A Spectator … For Now Hey Income Hunters, Three conditions have relegated the Fed and Jerome Powell to being a spectator. Huge Government Deficits, Crippling Government Debt and Politically Toxic High Inflation force the Fed into a “dependent” spectator … Normally, Fed day, which is today, would have the market on high alert. However, with CPI hovering near its highest levels and financial conditions near its easiest conditions, Powell can only watch in hopes of a miraculous drop in inflation from here.  [fpri]( The chart above is worth a thousand words … Although, what’s missing in this picture is how fragile the foundation of the financial system has become. [Click through to see what this ultimately means for the markets and the signpost to watch for …]( - Bill  [fpip] On to February Hi Shoppers, February is fast approaching. Mark and I are just completing our 0DTE January month of trading and it has been a blast. The excitement of nabbing those cheap little calls or puts for $.24 and watching the market run your way … there just isn’t anything like it. Watching it tick up and down on the five minute chart is so exhilarating. Those options go from $.24 to $1.00 - $2.00. So fun! Of course there are the days when the market moves in the opposite direction we’ve chosen. But that’s ok because the winners far outpace those losers. We size up the risk reward of each option purchase. Are the odds in our favor of that strike price landing in the money? Is the market momentum there to support that move? How much time is left in the day? What is the chart saying? Where are the {NAME} Bands? These are just some of the things we will teach you in our weekly live sessions on how to trade 0DTE profitability. And next month has so many market moving headlines it’s bound to be even better than January.[pip] [So come join us for the month of February!]( [After that, check out my next trade idea in Kroger Company (Ticker: KR).]( - Licia   [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:  Market capitalization - The number of shares outstanding x the price of the stock. [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. 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