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Traders are trying to decide if the Bull is dead

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optionpit.com

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support@op.optionpit.com

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Thu, Sep 5, 2024 11:00 PM

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Traders are trying to decide if the Bull is dead Keep an eye on Nvidia Crop Yes i know it is a monst

[fstp, logo, header] September 5, 2024 [ag views, logo, header] Traders are trying to decide if the Bull is dead Keep an eye on Nvidia Crop (Ticker: NVDA) Yes i know it is a monster stock but it also took up a lot of market cap this year. Almost an extra Trillion $ and and at one point and extra two trillion dollars when it was $140. If traders sell NVDA to buy other stuff I think that is better for the broader market. The ADP number was light but you would not know it from help wanted signs in Maine. The NFP number will likely come in light as well and then the big decision happens. Is it over? Traders are nervous but not super nervous. 9 Day VIX < VIX which if a big drop was coming I would expect that to be the other way around with 9 Day VIX over VIX. [ded] NVDA does not need to go anywhere for the market to rally but I would expect short term VIX to dive a bit post number. The bull will be slower but not gone. - AG  [logo, pit profits] Want to find YOUR winning fit? Give our Customer Care Team a call at [1-888-872-3301](tel:/1-888-872-3301) Monday-Friday from 9 a.m. - 5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:/support@optionpit.com)  [logo, fvix, header,] Broadcom earnings reaction Hey Traders, Broadcom earnings are out! So let's dig in. [ded]( [Click here to watch the video!]( - Mark --------------------------------------------------------------- Want to get Mark's Trader's Edge updates directly to your inbox?[Click this link to sign up!](  [logo, header, fopr] I had a great conversation with Andrew... Hey Option Pit Research, Few notes at the end of the day today. VIX corrected back a few points, we’re back under 20 which I’m glad to see. I had a GREAT conversation with Andrew about a new product we’re developing. It’s going to be much different than the products we normally have - specifically that it’s “At Your Own Risk.” That means the trades could have more significant upside, but they haven’t fully passed CRT (Consistently Profitable, Repeatable & Teachable). But the upside really can be huge… and for those of you that are a bit more experienced… I think you’re going to LOVE THIS. This particular strategy is one that Andrew trades personally with his own money, and one that he says “he can’t wait to trade as his SOLE trading strategy once he “retires”” … which if I have anything to do with it will be never. If this interests you… [let me know!Â](mailto:/hselner@optionpit.com) - Mark --------------------------------------------------------------- Receive the Option Pit "Ticker of the Week" breakdowns as soon as they are released. [Click this link to sign up!](   Get all your DC Insider info inside of Frank Gregory's "Power Moves" Newsletter. [Click this link to sign up!]( --------------------------------------------------------------- Don't miss when our traders go live! Get an alert everytime we open the live rooms to all of our readers for free by selecting the calendar you use below. Add Option Pit Live Events to Your Calendar [Apple]( [Google]( [Outlook]( [Outlook.com]( [Office 365]( [Yahoo](   [glossary, logo] There are plenty of terms in the trading world that need explaining. The Option Pit Glossary is here to help. Today's phrase is:  Dividend - The amount of money a company pays to holders of the stock. Usually paid quarterly.  [ftsp] All the Right Options. The Option Pit Team brings more than 150 years of experience to you every day. From the trading pits of Chicago to the world's largest banks to the halls of power in DC -- they've done it all. Now they’re collectively focused on one thing: making YOU a better, more profitable trader. Click the button below to schedule a call with our concierge Customer Care Team to find your best fit today. DISCLAIMER: FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. The materials presented from Option Pit LLC are for your informational and educational purposes only. Neither Option Pit LLC nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational and educational purposes intended is at the user’s own risk. DISCLAIMER: OPTION PIT LLC IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Option Pit LLC is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented materials. Specific trading ideas or strategies discussed in the presentations or materials are entirely illustrative and do not constitute the solicitation of a transaction (or transactions) or a recommendation to execute a particular transaction or implement a particular trading strategy. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Want to change how you receive these emails? You can [Update your preferences]( This email was sent by support@optionpit.com. 1-888-872-3301 [Option Pit]( | 190 S LaSalle Suite 3000 Chicago, IL 60603 | [Privacy Policy](

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