Breadth is repairing under the surface
Equal-weight has stopped underperforming, and that usually leads.
Free 4 min read
SPYRSP
Today's market movers
Delayed quotes · 3 up · 3 downLatest in indices
View feedSkew is cheap for the first time this year
Downside protection stopped being expensive. That rarely lasts.
Free 3 min read
Video walkthrough: what I'm watching into the close
A 30-second screen walkthrough of the levels that matter today.
Free 2 min readVideo
Vol term structure is unusually flat
Flat term structure into a known catalyst is a setup, not a warning.
Free 4 min read
VIXSPY
The QQQ level that decides the trend (Part 2)
Mean reversion odds are stacked here after this stretch above trend.
Free 3 min read
QQQSPY
The IWM level that decides the trend
Subscribers get the full thesis, the levels, and my positioning on IWM. Subscribe to read on.
Paid 8 min read
IWMSPY
NVDA: the rotation under the surface
The melt-up is running on thin participation, which rarely ends cleanly.
Free 5 min read