June's jobs numbers just dropped.
The scoop? The economy's not tanking, but it's not booming either. Just hanging in there.
Big thing—what counts as 'good' job growth has shifted since population growth slowed way down.
This report breaks down the labor market, the Fed
Hopped on with @adamtaggart over at @thoughtfulmoney to chat 🔗
We got into why the Fed needs to use its balance sheet for tightening now—so there's room for Chair Warsh and @POTUS to ease later. Also covered the rising odds of a 1998-style market correction, and how top inv
Choosing the right delta for selling puts? Here's the deal:
✅ Delta shows probability of ITM and how much the option moves with the stock
✅ Low delta (10-20) vs mid (20-30) vs high (30-45) — each has pros and cons
✅ No 'best' delta — it's about your risk and reward goa
New jobs numbers dropped and they’re kind of a letdown, but still not terrible.
June only added 57k jobs, missing expectations. Big revisions too—May dropped by 43k to 129k, April down 31k to 148k.
Unemployment dipped a bit to 4.2%.
$SILVER 1W forming a broadening support pattern while all metals show inside weeks at the same time. 🪙
Also watching for a possible 2-2 week in GLD aligning with Q3 2026. Timing is key ⏰
The $MEME ETF is basically a solid pick for high beta and momentum plays.
It's packed with volatile stocks like $BE, $NBIS, $SNDK, $CRDO, $MU, and $AAOI.
Right now, it's failing to break out and testing a head & shoulders neckline.
Down 22% in the last month.
The 30-day realized volatility for the US Momentum pair just hit 63.9.
Only seen before during the TMT bubble collapse, the 2008 crisis and recovery, and the post-Covid surge.
High MOMO volatility usually happens around market turning points.
Source: MS QDS
SPX bounced hard and now setting up 0-DTE gamma at 7525 and 7500. So probably gonna chop in this range for the rest of the day. But first-of-month flows can keep things strong.
#MSTCLTD is on my watchlist.
Price action is really tight—like a spring being wound up.
The tighter it gets, the bigger the move when momentum kicks back in.
Compression = opportunity.
Semiconductor and chip equipment stocks hitting new 52-week highs are becoming less common, even as prices keep moving. Something doesn't quite line up here.