– how is the market at highs with coronavirus risk?
– when market rallies on bad news that’s a signal!
– check 4 day TPI on SPX
– market cap weighted still doing well, see AMZN, MSFT
– news vacuum analysis
– there’s a tsla echo effect i think
– yesterday was pretty aggressive risk-off
– MA
– CRM
– currently a failed breakout in XLF
whippy, choppy, higher vol
Risk off
– vix board inverts
– XLF loses 30
– AAPL loses 308
Setups
– WORK breakout
– Short VXX, SPX put butterfly
– Put Spread Sales in TWTR
– Put Spread Sales in ALL
– Upside call calendars in GOOGL – 1550 strike
– Bear Call Spreads in MSFT on next push
– Put Credit Spreads in V on drop sub 200