savage-notes

A collection of 51 posts

savage-notes

Morning Market Notes 03-28-25

Market Calendar $SPX & $QQQ Market held $SPX 5700, so no decision was made yet. Since we held it, we lean into longs/calls if we stay above this level. We did have closes below the 20DMA on $SPY and $QQQ, but $DIA held it. Mixed signals into this beautiful

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Morning Market Notes 03-27-25

Market Calendar $SPX & $QQQ The main level to watch is 5700 $SPX now. The indecision persists, despite yesterday’s 90pt drawdown. Above, we could quickly move to test 5800 into April. Closing below with strength today? Oh boy… it’s Elmo’s land. Let’s have a sesh. 🔗 Try

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Morning Market Notes 03-26-25

Market Calendar $SPX & $QQQ We’re pushing above the 20DMA with low volume across the board on ETFs tied to indices, while the $VIX keeps selling. There’s no true edge in either direction here, as we stay in this limbo zone waiting for a major catalyst to pop

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Morning Market Notes 03-25-25

Market Calendar $SPX & $QQQ The $SPX went straight back to the 20DMA this past session, and this is the test we’ve been waiting for to draw any real conclusions about what might happen next. If we recover the 20DMA and hold it as support for a couple of

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Morning Market Notes 03-24-25

Market Calendar $SPX & $QQQ Once again, we get the whole move pre-market with $ES pushing about 69 points overnight. Yesterday, we mentioned the indecision in technicals and the potential start of a leg higher. Now we wait to see if this is the beginning of that, or just another

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Morning Market Notes 03-21-25

Market Calendar $SPX & $QQQ It’s Triple Witching OPEX Friday. Violence is on the menu today. Price swings across the board to be expected. Let’s have a sesh. ✨ What’s Inside 0DTHERO: ⚡ Real-time flow alerts in plain English—know what’s driving the market before it moves 📊 Live

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Morning Market Notes 03-20-25

Market Calendar $SPX & $QQQ This is the FOMC Meeting hangover and the OPEX-eve session. The $SPY flow left some leftover positive delta in the tank that might come into play today or tomorrow, but overall, the FOMC move is completely sold off at this point. Gotta say, I don’

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Morning Market Notes 03-18-25

Market Calendar $SPX & $QQQ That was fast. We hit our weekly target in a day. Surprised? Not really. Technicals told the story, and flow supported the bullish thesis, pulling some options walls up to get us there. Now, we wait and see how we react here. If we turn

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Morning Market Notes 03-17-25

Market Calendar $SPX & $QQQ Cold retail sales print has caused an impressive recovery in futures this morning. If you read my weekly calendar notes from yesterday, we’re bullish until we’re not. 5700 is the upside target for the week. The infamous spread guy is back, which adds

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Morning Market Notes 03-14-25

Market Calendar $SPX & $QQQ Consumer sentiment on tap, and we’re heading into a sesh right after a failed attempt to break 5600 $SPX yesterday. I’ll stick to my view that we might make another attempt today, hence holding calls overnight for 1 and 2 DTE, with the

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Morning Market Notes 03-13-25

Market Calendar $SPX & $QQQ Futures didn’t react much to the Producer Price Index and Jobless Claims this morning. On Monday, we mentioned that a bounce this week could be in the cards, and after benign inflation data prints, we might be at a pivot point here. Time for

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Morning Market Notes 03-12-25

Market Calendar $SPX & $QQQ It’s an unc2.0 CPI kind of day. That’s it. That’s the tweet. Let’s have a sesh. 🚨 The Next Evolution of 0DTHERO Is Here! We just dropped the newest version 0DTHERO – your trading companion— and it’s packed with powerful tools,

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Weekly Calendar & Morning Market Notes 03-10-25

Hey traders, Here’s what’s on the radar for this week’s market events: There’s a slowdown in momentum as we make new yearly lows across the board on ETFs tied to major indices. My view for this week is that we could see a retracement towards the

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Morning Market Notes 03-06-25

Market Calendar $SPX & $QQQ This is NFP-eve, and the markets had a few important prints today, like jobless claims and the U.S. trade deficit. We’ll be watching for a combination of technicals on major index-ETFs and leftover flow today as we approach the closing bell. NFP is

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Morning Market Notes 03-05-25

Market Calendar $SPX & $QQQ The spread guy is back, as pointed out in the chart below. Of all the major indices, only the Nasdaq-100 seems to be losing downside momentum. The Qs might be showing signs of starting what could be the beginning of a short-term rally now that

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Morning Market Notes 03-04-25

Market Calendar $SPX & $QQQ Not much on tap for the day besides a couple of FED speakers, as we keep the downside momentum going. $DIA was the closest ETF to attempt a tap of the 20DMA we mentioned in yesterday’s notes, as a brutal selling spree caused the

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Weekly Calendar & Morning Market Notes 03-03-25

Hey traders, Here’s what’s on the radar for this week’s market events: EOM flows on Friday didn’t disappoint, delivering a strong move right before the closing bell. This week, we want to see a return to the 20-day moving average on major indices before making any

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Morning Market Notes 02-28-25: Personal Consumption Expenditures (PCE) & EOM flows

Market Calendar $SPX & $QQQ PCE print came in line, giving us barely any reaction pre-market as the market attempts a rebound from yesterday’s massive sell-off. We usually point out when we’re right in our notes, but it’s only fair to do the same when things go

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Morning Market Notes 02-27-25: GDP

Market Calendar $SPX & $QQQ $NVDA Q4 earnings report delivered as expected. When Wall Street is buying, there’s no point in being bearish on this stock—simple as that. Now, we got an inline GDP print with barely any market reaction. GDP Q4 first revision 2.3%, Exp. 2.

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Morning Market Notes 02-26-25: $NVDA Q4 earnings report

Market Calendar $SPX & $QQQ It’s $NVDA Q4 ER day, and we’re here for it. Implied move is sitting around 8.5%, meaning we could see $NVDA hitting 140 or 118—steep moves. And since the market loves this stock, expect a strong follow-up reaction on the Nasdaq

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Morning Market Notes 02-25-25: consumer confidence

Market Calendar $SPX & $QQQ The downside momentum seems to be decelerating on $DIA, the Dow Jones Industrial ETF, and a slowdown in selling volume can be noticed across the board on major ETFs tied to indices. This doesn’t mean a bounce is imminent, but it’s worth watching

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Morning Market Notes 02-24-25

Market Calendar $SPX & $QQQ We’re starting fresh with new options positioning after the OPEX bloodbath last Friday. The big bois are now at 6000 $SPX, 595 $SPY, and 520 $QQQ—see gamma exposure charts above. We have important data this week, starting with $NVDA ER on Wednesday after

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Morning Market Notes 02-21-25

Market Calendar $SPX & $QQQ It’s OPEX day, and we’re here for it. Before the week kicked off, we mentioned that the Dow Jones would be the thermometer for major price moves—and I guess we nailed that one again. On Wednesday, when the Dow showed a little

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Morning Market Notes 02-19-25

Market Calendar $SPX & $QQQ The S&P pushed to new all-time highs right at the close of yesterday’s session, aligning with our reasoning for a continued pump to start the week. Now, it’s all about the Dow Jones ($DIA)—if they manage to push it to

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Morning Market Notes 02-18-25

Market Calendar $SPX & $QQQ This weekend, we mentioned that an upside breakout was likely, and that’s exactly what we’re starting to see with this overnight Futures action. I still believe the Dow Jones needs to cooperate for this move to be sustainable. As you can see through