Short-dated yields smacked back down in Europe as BoE unexpectedly waited on rates hikes, FED gave itself extra flexibility on pace of tapering and RBA maintained QE until Feb22 but removed YCC.
On the upside, we saw NVIDIA up 15% after BoA and Wells Fargo have been calling the stock higher and a prime beneficiary of the Metaverse focus from newly named “Meta” formerly Facebook...
Weaponised call options are trading at record levels, 1–2-week expiry which contains maximum gamma and even institutions are getting in on the act, not just retail. If you can’t beat ‘em!
The news that cannabis would be federally de-scheduled and treated in a manner like alcohol, in a Republican marijuana legalisation bill, was the trigger that the sector was waiting for...
SPX continued to rally after an expected FED taper was taken in its stride and better jobs numbers with higher revisions, and a steadying labour participation rate took the SPX up to 4700. NDX has had an incredible run post tech earnings and looks very very overbought and ripe for a pullback. That is until you zoom out and compare it to 1999 when you had a similar retail frenzy...
China uranium buildout (150 additional reactors), Japan restarting reactors, France postposing deactivations and planning for new reactors, Green parties of Europe calling nuclear “Green”...
To read the full market report including chain metrics and vol analysis, sign up for a 14 day free trial:
Please note, these recordings are taken from my weekly Macro Insight Trading Call. If you'd like to talk to me directly about any of the topics covered, join my Macro Insight community using the link below with a two week trial: https://www.options-insight.com/macro-insight-plan
Members of our trading community find that being able to bounce their ideas and trading strategies off a professional with two decades of experience gives them clarity and confidence to grow their trading skills, and hopefully their account balance!
Filmed on on Tuesday 9th November 2021.
WHAT IS MACRO INSIGHT?
Macro Insight is an exclusive, members only community, hosted by veteran trader, Imran Lakha. When you join you will receive access to his weekly trading call, benefit from networking with other members, receive weekly marketing reports and be added to a private chat room which offers daily, realtime support and discussion. In the weekly MACRO INSIGHT trading call, veteran trader Imran Lakha, walks you through his macro cross-asset watchlist, discusses the main market moving narratives, shares his charts and the top trades that he is doing for his own portfolio. By joining a community of like-minded traders you can discuss trade ideas, increase your confidence and take advantage of opportunities in the market. This is a unique perspective into how a seasoned professional identifies opportunities, executes trades and manages risk. Every call ends with a live Q&A and an opportunity to share your ideas and receive coaching and guidance for your own trading.
DISCLAIMER Options Insight content is presented for educational purposes only. The information presented by Options Insight should NOT be construed as investment advice. Always consult a licensed investment professional before making important investment decisions. The opinions expressed by Options Insight are those of its founder Imran Lakha who shall NOT be liable for losses resulting from investment decisions based on information or viewpoints presented by Options Insight.