Wall St. Savage

wallstsavage

Sign in Subscribe

Morning Market Notes 09-02-26

Morning Market Notes 09-02-26

Market Calendar $SPX & $QQQ Third day of the Hormuz tape and the selling is finally tired. SPY flat premarket at 762 after the Dow bled 400 points yesterday, QQQ off 0.18%, VIX easing back to 16.2. ADP just printed 38K, the weakest since January, and futures barely

The trade you skip pays for it

The trade you skip pays for it

You saw yesterday's offer. You didn't click. Fair. Let me guess what's rattling around in your head. "Another subscription." Except this one earns its keep by keeping you flat. UmaA said it best: the tool tells you when to enter, and when

Morning Market Notes 09-01-26

Morning Market Notes 09-01-26

Market Calendar $SPX & $QQQ September opens the same way August closed, risk-off. QQQ down 1.18% premarket and SPY off 0.62%, already trading under the 765 Put Wall. VIX bid up 7% to 16. Second straight day the protection bid shows up before the cash open. It&

Labor Day week: first month of HERO, $99

Labor Day week: first month of HERO, $99

Labor Day week. The one holiday made for people like us, the ones who actually put in the work. From today until Labor Day we celebrate the way we know how, by making the tool cheaper for the people still putting the labor in. Now the part most of you

Morning Market Notes 08-31-26

Morning Market Notes 08-31-26

Market Calendar $SPX & $QQQ Month-end opens risk-off. The US and Iran traded strikes over the weekend for the first time since July, oil ripped 3%, and the protection bid is back: VIX up 6.6% to 15.38 premarket. SPY off 0.37%, QQQ down 0.32%

Everyone watched Warsh. He watched flow.

Everyone watched Warsh. He watched flow.

Warsh’s first Jackson Hole. The whole market was guessing. The HERO room wasn’t. Friday was the day the whole market circled. A new Fed chairman giving his first remarks from Jackson Hole. Everyone knew the moves would be large. Nobody knew the direction. CNBC didn't know.

Morning Market Notes 08-28-26

Morning Market Notes 08-28-26

Market Calendar $SPX & $QQQ Quiet tape into a loud morning. SPY is flat at 771, QQQ off 0.17% after yesterday's chip-fueled rip, and VIX is asleep at 14.5. Nobody is paying up for protection ahead of the biggest Fed speech of the year. That&

Morning Market Notes 08-27-26

Morning Market Notes 08-27-26

Market Calendar $SPX & $QQQ The AI trade got its green light last night. QQQ up 0.87% premarket and already trading through the 715 Call Wall. SPY up 0.29%. VIX down to 15 with vol sellers stepping right back in. Yesterday's nervous tape is gone. This

Morning Market Notes 08-26-26

Morning Market Notes 08-26-26

Market Calendar $SPX & $QQQ Quiet premarket tape with a nervous undertone. QQQ down 0.36% and back under its 710 key level, SPY off 0.12% and parked right on the 765 Put Wall. VIX bid up to 15.7. Nobody is adding risk this morning, and for good

Morning Market Notes 08-25-26

Morning Market Notes 08-25-26

Market Calendar $SPX & $QQQ Green across the board this morning. QQQ up 0.78% premarket at 711 and back on top of its 710 Call Wall, SPY up 0.37% and sitting above its own wall at 765. VIX flat at 15.8 and showing zero interest in yesterday&

Morning Market Notes 08-24-26

Morning Market Notes 08-24-26

Market Calendar $SPX & $QQQ Red to start the week. QQQ down 0.57% premarket and sliding under 710, SPY off small at 764 and already trading just below its 765 Put Wall. VIX up 5% and knocking on 16. Protection is getting bought before the bell. Blame Washington for

A prop grinder and a full time mom walk into the same trading room

A prop grinder and a full time mom walk into the same trading room

Two traders. Opposite lives. Same turning point. Tommy is the classic prop firm grinder. His words from the Discord back in June: "This is no Disney story. It's not sunshine and rainbows. It's more like fighting raining arrows with a teaspoon for a shield. The

Morning Market Notes 08-21-26

Morning Market Notes 08-21-26

Market Calendar $SPX & $QQQ Green across the board premarket. QQQ up 0.74% and already trading through the 715 Call Wall. SPY up half a percent at 766, sitting on top of its own 765 Call Wall. VIX down 3.5% and back in the mid-15s. The vol

Morning Market Notes 08-20-26

Morning Market Notes 08-20-26

Market Calendar $SPX & $QQQ The bond rally lasted exactly one day. Yields snapped right back this morning, the 10-year up over 5 basis points to 4.70 and the 30-year back near 5.25, and equities handed the entire Wednesday bounce back with them. SPY off 0.

Morning Market Notes 08-19-26

Morning Market Notes 08-19-26

Market Calendar $SPX & $QQQ Treasury moved the tape at 8:31. They are doubling the size of long-end buyback operations, from a $2 billion max per op to at least $4 billion, starting September 9. The long end caught a bid instantly, the 10 year dropped from 4.

Morning Market Notes 08-18-26

Morning Market Notes 08-18-26

Market Calendar $SPX & $QQQ Tech is the one taking it this morning. QQQ down 1.30% and already pressing the 720 Put Wall, SPY off 0.47% and back under 770. DIA is barely down 0.14% and IWM off 0.37%, so the damage is concentrated in one

Morning Market Notes 08-17-26

Morning Market Notes 08-17-26

Market Calendar $SPX & $QQQ Quiet tape, loud vol. SPY is dead flat at 776 and QQQ is up 0.19%, but DIA is off 0.34% and IWM is down 0.35%. VIX is the tell, bid up 5.68% to 15. When the indexes go nowhere and protection

Morning Market Notes 08-14-26

Morning Market Notes 08-14-26

Market Calendar $SPX & $QQQ Retail sales just came in ugly, down 0.6% against a +0.1% consensus, and the tape shrugged. SPY flat at 778 premarket, QQQ up 0.22%, VIX sub-15 and drifting lower. A consumer miss that gets bought tells you this market only cares

Morning Market Notes 08-13-26

Morning Market Notes 08-13-26

Market Calendar $SPX & $QQQ PPI morning and the tape barely blinked. SPY up 0.18% premarket, QQQ dead flat, VIX drifting lower at 14.5. The bid is showing up in the Dow and small caps instead, both up around 0.3%. That's rotation, not risk-off.

Morning Market Notes 08-12-26

Morning Market Notes 08-12-26

Market Calendar $SPX & $QQQ CPI morning and the print came in friendly. QQQ up 0.81% premarket, SPY up 0.32%, VIX bleeding back to 15.2. Tech is leading before the cash open. The catalyst is July CPI. Headline came in at 0.1% on the month with

Morning Market Notes 08-10-26

Morning Market Notes 08-10-26

Market Calendar $SPX & $QQQ Flat tape to start a loud week. SPY off 0.08% premarket, QQQ down 0.13%, IWM lagging at -0.30%. VIX up 3.5% to 15.4 while the indices do nothing. Protection is getting bought before the open, and that tells you where

Morning Market Notes 08-07-26

Morning Market Notes 08-07-26

Market Calendar $SPX & $QQQ Payrolls whiffed hard and the tape loves it. The economy shed 23K jobs in July against an 80K estimate, June got revised down to just 20K, and unemployment still fell to 4.1%. Soft wages too. The market is reading all of it as rate

Morning Market Notes 08-06-26

Morning Market Notes 08-06-26

Market Calendar $SPX & $QQQ Tech getting sold premarket. QQQ down 0.62% while SPY holds green up 0.10% and the Dow keeps printing record closes. VIX is sitting at 16, barely bid even with tech red. No real reach for protection yet. Same story all week: AI names

Morning Market Notes 08-05-26

Morning Market Notes 08-05-26

Market Calendar $SPX & $QQQ Green again this morning. SPY up 0.48% premarket after another record close, DIA up 0.44%, IWM up 0.28%, QQQ up 0.19% and lagging a touch. VIX is 16.83 and actually bid, up 2% on a green tape. The grind higher

Morning Market Notes 08-04-26

Morning Market Notes 08-04-26

Market Calendar $SPX & $QQQ Green across the board again. The tape wants higher: DIA up 1.30% leading premarket for the second straight day, QQQ up 1.10%, SPY up 0.36%, IWM up 0.50%. VIX is 15.62 and bleeding lower, and the S&P is