The following is a guest post courtesy of Michael Kramer of Mott Capital Management. With the Fed pivoting to a very hawkish stance starting in 2022, the Nasdaq has witnessed a dramatic decline of nearly 18% since peaking in November. The drop may only continue in the weeks ahead as market participants try to figure out the potential […]
QQQ
Trade Analysis: NQ Futures (14 December 2021)
The following is a guest post from Doug Pless. When I plan to trade futures, I begin my morning preparation by reading the SpotGamma AM Founder’s Note. For NQ futures, I note Gamma Notional, and the Volatility Trigger, Put Wall, and Call Wall gamma levels for QQQ. I also look up QQQ in Equity Hub. […]
From Melt-Up To Melt-Down, Why The Stock Market May Be Due For A Year-End Correction
The following is a guest post courtesy of Michael Kramer of Mott Capital Management. Investors have watched the S&P 500 rise by as much as 10% since the October 4 lows, while the NASDAQ 100 has increased by 14.5%. It has left many investors dreaming about an end-of-year melt-up for equities due to seasonal factors and the fear […]
Trading NQ Futures Using QQQ Equity Hub Data and Vanna Model
The following is a guest post from Doug Pless. As discussed previously, I begin my morning preparation by reading the SpotGamma AM Report when I plan to trade futures. For ES futures, I note gamma levels and key metrics for SPX and SPY. For NQ futures, I note Gamma Notional, and the Volatility Trigger, Put […]
Nomura: “Max Short Gamma” Pain… But Relief Is Coming
Via ZH: Earlier this week we pointed out a bizarre divergence in the “greeks” – while the Nasdaq had slumped into negative gamma territory, which is where dealers are forced to sell more as the Nasdaq slides lower creating a feedback loop where selling begets selling, even as the S&P still remained in positive gamma […]