Game Changing Rally?

Financial Services • Aug 29, 2021 at 6:04 AM EDT

Fed ignites rippin rally on dovish tone as bonds play little role in the rally. S&P 500 ends week dead-on upper EM and the Russell 2000 decides Jerome Powell is a Demigod. What a way to end the week.

Video Length: 00:22:40

—Fed ignites rippin rally on dovish tone
—Bonds played little role in the rally
—SPX ends week dead-on upper EM
—Russel decides Jerome Powell is a Demigod

Volatility abnormalities--
—1 year implied volatility screams risk
—short term imp vol crushed
— realized vol still dead
—skew sky high

Trade Opportunities--
—premium selling continues to dominate
—volatility crush opens up vix trades
—Chinese markets

SPX Expected Move--
--last week EM-- 67.73
--next week-- 57.49 expected move

Disclaimer:

Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.