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Last Call - June 18, 2024 - Triple Witching Week's Impact on Markets
Currently unavailable
Last Call - June 18, 2024 - Triple Witching Week's Impact on Markets
ratings:
Length:
28 minutes
Released:
Jun 18, 2024
Format:
Podcast episode
Description
Tom Sosnoff and Julia Spina reviewed the market's performance focusing on the significance of triple witching week and its impact on futures and options volume. They highlighted the historically low volatility with an expected move of \$29 for the S&P 500's June expiration. Despite being bullish in the past, recent trends have shown bearish tendencies. Tom pointed out the extreme growth in Nasdaq, particularly Nvidia (NVDA), calling it the "ultimate meme stock." Finally, they emphasized the importance of managing size in trades.
Released:
Jun 18, 2024
Format:
Podcast episode
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