Well, will you look at that. Fiat markets are finally getting interesting again.
This is just a quick video describing why I think there's a 70% chance we will bottom in the next few days.
Some names I wouldn't mind buying here that have sold off but don't have too much rate / organic growth issues esposure:
HIMX APPS ESTC ARKK (for the brave) -- while this includes lots of rates exposure the high mult names that are down 50% + might see some of the biggest bounces NVDA ADBE CRM MDT
Also, if you're unfamiliar with Gamma & why it matters, here's a primer so you can understand more about what I'm talking about:
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Just for clarification, I don't hold any of the stocks I've mentioned in the comments or in the video! Just meant to be educational & provide me a record of this if I'm right ;)
Watching this on April 5, 2022 and you were dead on about the bounce that happened on Jan 24 but it wasn’t THE bottom although it became a local bottom. Can you make more videos explaining how options greeks affect market direction and your thoughts on the market outlook for the next few months
PropNotes
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@DogBlessThou, Just made some more videos this evening! broadly I think the market will be choppy for the next little while. No extremes on either side of the indices to speak of, and options volume has been much more tame since the beginning of the year. The only thing I have a strong opinion about is I'm bearish oil and oil co's for the medium term but I don't know when the market will turn there.
DogBlessThou
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@wolneyyy, Thank you for the insights. Really digging your thought process. Hope you post more content.
Thomaskrakow
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Great one
kishoth7
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The 2 year uptrend broke the other day. Billionaires cashed out heavy recently including names like musk. Rates are ridiculous. The market has been rising at an unsustainable rate. Head and Shoulders on spy. We should see a bounce created by shorts covering and QQQ reaching a strong support but I think it's multi-faceted not just options but good point!