Cherry Picks Newsletters:
Tasty Trade Research publish this awesome weekly newsletter every Tuesday. If this blog sounds like gibberish, watch "Where do I start 101" free education series on Tastytrade.
https://s3.amazonaws.com/cherry-picks-s3-bucket-newsletter/live/18_03_20_tastytrade_Research.pdf?mc_cid=bb1e86631b&mc_eid=e9e24bad07
https://www.tastytrade.com/tt/shows/wdis-options-101/episodes/brittanys-story-01-03-2017High Volatility!: VIX > 18, Monday’s selloff was perhaps related to Facebook User Privacy Issues. All eyes are on the Fed announcement this week. Personally, I will have my position and portfolio hedges on before the announcement on Wednesday afternoon. Risk Twist Spreads for the Quarterly Hedge, Dr Ted Nukes SPX Put Ratio for a 3 week hedge and 2v4 Week RUT calendar for 6-10 day hedge, and SPY, IWM, QQQ Long Puts for a few days hedge.
E-currencies vs US Dollar: Bitcoin is still range bound between $7,500 and $12,000. Bitcoin, Litecoin, Steem are rising. This is a traders environment, where you can buy a small positions and take profits quickly. Why did Goldman Sach’s Circle buy Crypto Currency Brokerage Poloniex? Quote from the attached article: “The long-term view is that every form of value on the planet will become a crypto token. We want to offer more markets, more assets, we want to localize it, and launch it in more international markets and, critically, we need to work with the most important regulators. ” Are you mining cryptos in private wallets yet? US Dollar is still range bound between 88.25 and 91.
https://www.coinbase.com/charts?locale=en-US
https://news.bitcoin.com/circle-goes-on-a-hiring-spree-to-improve-service-at-poloniexFed Rate Hike vs Weakening Economy: Watch for the markets to crap out as Powell talks after the Fed Rate Hike Wednesday at 2pm. GDPNOW is already showing a slowing 1Q GDP of just 1.8%!! An amazing drop from 5.4% forecast just 6 weeks ago. Yes, high interest rates hurts Housing and Consumer Buying. Please have your hedges on before the rate hike.
https://www.frbatlanta.org/-/media/documents/cqer/researchcq/gdpnow/RealGDPTrackingSlides.pdfTRADE Log: VIX > 19 High High Volatility Trades are back
- Long GOLD, BITCOIN
- Jade Lizards, Broken Wing Butterfly, Dynamic Iron Condors
- Buy IWM, SPX, IWM Puts before Fed Rate Hike and Powell’s first Speech
- Risk Twist Hedges
Videos:
Theotrade:These Patterns Forecast Increasing Volatility
https://www.tastytrade.com/tt/shows/trade-managers/episodes/learning-when-to-roll-directional-trades-03-12-2018
https://www.tastytrade.com/tt/shows/trade-managers/episodes/learning-when-to-roll-neutral-trades-03-13-2018
