A Week of Tech Dominance and a Bullish VIX

Bitcoin bounce ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ [logo, fvix, header,] Seize the Santa Claus Rally! Join us this Friday for a live trading session with Mark Sebastian, Andrew Giovinazzi, Hans Albrecht and Licia Leslie. We'll dive deep into the $1 options that we think is the best way to play the Santa Claus Rally. Join Us This Friday at 12pm for $1 Shots with the whole Option Pit trading team[Click here to learn more and secure your spot in the room.]( Hey Traders, Let's cover what happened this week. [ded]( A Mixed Week for the Markets Last week was a bit of a mixed bag for the markets. While the S&P 500 closed relatively flat, the Nasdaq 100, driven by the tech giants, had a strong week. The MAG 7 Take Center Stage The "MAG 7" - Microsoft, Apple, Google, Amazon, Meta, Nvidia, and Tesla - were the main drivers of the market's performance. Nvidia, in particular, had a phenomenal week. Other tech stocks like Broadcom also saw significant gains. Bonds Firm Up, VIX Dips Interestingly, bonds strengthened this week, which is typically a bullish sign for the stock market. The VIX, often referred to as the "fear gauge," also declined significantly, signaling increased investor confidence. Bitcoin's Stumble Bitcoin, after a strong rally, seems to have hit a roadblock. The Bitcoin ETF, IBIT, experienced a pullback after a strong Thursday open. Delta Strike #1 Dollar Options For the first time, the Delta Strike team launched "Dollar Shots" - trades with a low entry cost and high potential returns. These trades are exclusive to Delta Strike members. [Learn more here.]( As we move into the new week, it will be interesting to see if the tech-led rally continues or if other sectors start to gain traction. The Fed's monetary policy decisions and geopolitical events will also play a significant role in shaping the market's direction. [Stay tuned for our next video, where we'll dive into the week ahead.]( Your Only Option, [sig, mark sig, signature] --------------------------------------------------------------- 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]( 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. 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