@TheOneLanceB what are your views on QVSE linked to global investment group.. I have a mentor who has invested there a huge amount and I think it's a scam.. I'm looking for ways to verify that..
BoA says that "stretched US Treasury CTA shorts are at risk entering Fed week".
"CTA positioning in US Treasury futures remains short, with the largest exposure concentrated in shorter-duration futures. Yields declined this week bringing buy to cover triggers closer. With positioning in consensus across models, a continued decline in yields, perhaps catalyzed by a dovish Fed next week, could bring about trend follower short covering. Even without a dramatic move lower in yields, CTAs will likely be biased towards buying as futures price trends become less negative in the coming days."
#UST
From the Week Ahead (https://t.co/caXUMGk7Kc):
BoA on SPX gamma:
After reaching 99th %ile levels ahead of the 5-Jun fragility shock, SPX option gamma has normalized sharply, ending 11-Jun at $1bn (28th %ile since 2014). At the same time, S&P intraday realized volatility has reset higher to ~24% [last] week after falling to an 8 handle the prior week.
At current spot levels, most expiries over the next month (including Friday’s) are contributing positive SPX gamma, while longer-dated options remain a largely offsetting source of short gamma. Absent new flows next week, SPX gamma could remain positive in the 7320-7625 range.
Note the point from BoA that long gamma is concentrated in options expiring Friday (which is the quarterly “triple witching” option expiry, one of the largest of the year which will release a lot of options positioning).
Also note while I cannot post BoA charts on X, they are included in the Week Ahead, Market Updates, etc., so the charts related to this and other BoA posts are available to subscribers.
Your edge is never just your strategy.
Your edge is also your ability to access that strategy under pressure, uncertainty, volatility, frustration, boredom, and fear.
#tradingpsychology
Every time inflation has crossed as high as it has today, the market has crashed -30% on average over the next 1-24 months. All of the big crashes occurred in this environment (-47% in 2000, -55% in 2008). On the rare occasion we have gone higher.
@TheOneLanceB@bp22@johnarnold This story has kept me going,, recently I took a huge loose of 7.5 k USD this has devastated me since I grew my account from 200 USD consistency from the start of this year..