Derek and Mike discuss how unlike what all the “experts” thought, international stocks have done quite well, and Europe’s economy held up. They look back at how long US large cap has outperformed international developed country markets.
HiPOS Conservative: Where Things Stand - As we continue towards the June 23rd expiration day, the S&P 500 Index (the underlying index) has continued marching higher.
HiPOS Conservative Position Status - At the close Thursday the S&P 500 Index was a little over 20% above the short 3350 put strike leg of the open spread position.
Derek and Jay had a lively discussion on whether AI is supplanting Crypto and Blockchain as the new thing. Then they point out fund flows going to long duration treasury (and 3x triple leveraged Treasury ETF) and why?
New HiPOS Trade: How Debt Ceiling Volatility Creates Short Volatility - More debates and indecision around the debt ceiling? ZEGA’s trading team decisively took advantage of the jump in implied volatility by entering a new short put spread position.
Derek and Jay are back again to talk about AI but this time around how it may be driving Mega Cap Tech performance relative to the rest of the market. Plus, the weight of the top 2 S&P 500 companies is the highest since 1978 and the top 10 companies weighting is now 30%.