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With $VIX showing signs that perhaps yesterday was a blow off top, I'm going to gingerly wade into the premium selling pond with a defined-risk Iron Condor trade on a semiconductor stock that may be entering a wide range of sideways chop.

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In today’s Daily Digest, we’ll review the following:

  1. No new positions today.
  2. Adjustment to XLB position.
  3. No exits since the last report.
  4. Current status of open campaigns....
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It's been a great week down in Miami visiting family.

We had our first child in the middle of covid, and then had twins 2 years ago. So traveling hasn't exactly been at the top of the priority list, like it used to be for us before kids.

...

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Today's number is... 28.5

My 'Fear or Strength' model has shifted into tactical bullish mode because the Volatility Index (VIX) is above 28.5.

Here’s the chart:

 

Let's break down what the chart...

The Daily Number
Grant
📊 Daily ETF Overview 

Many key indexes have retested their 2021 highs following Trump's market crash.

Here's the S&P 500 $SPY revisiting its breakout level.

 

And here's the same story in the Nasdaq 100 $QQQ....

ETF Power Rankings

From the Desk of Steve Strazza @Sstrazza

Welcome to The Minor Leaguers.

We've had some great trades come out of this small-cap-focused column since we launched it back in 2020 and...

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Minor Leaguers
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Steve Strazza
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The publicly traded markets around the world are experiencing some of their most volatile periods ever.

Since its February peak, the S&P 500 has declined by over 20%. 

Meanwhile, Gold has shown a tremendous amount of relative...

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Gold Rush
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Why? Because tariffs create immediate uncertainty. They slow growth, tighten financial conditions, and drive a flight to safety — all of which are bond bullish in the short term. We’ve seen this playbook before: geopolitical tension or trade...

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Jason Perz
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In today’s Daily Digest, we’ll review the following:

  1. No new positions today.
  2. Rolled XOP position to June options.
  3. No exits since the last report.
  4. Current status of open...
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Casino Closed

Stocks are getting destroyed all over the entire world. Things could turn on a dime but, for the moment and for good reasons investors are selling risk assets.  The selling is global, the Volatility Index has spiked. Over the weekend social media...

Macke's Retail Roundup

Today's number is... -4%

The S&P 500 posted back-to-back -4% down days last week. 

Here’s the chart:

  

Let's break down what the chart shows:

  • The black line...
The Daily Number
Grant
📊 Daily ETF Overview 

After holding up for several weeks, many global markets are finally starting to feel the weight of the Trump tariffs.What began as a U.S.-centric correction has now turned into broad, indiscriminate selling...

ETF Power Rankings

I wanted to go back old school today.

I'm in Miami this week, where I grew up, visiting family and I'm feeling nostalgic. 

So I wanted to share a chart that I've kept with me for a long long time. I even used the same Stockcharts.com...

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