Video update Tuesday, 03/07/2023 6:24 PM PST

SMC Update 3-7-23

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josephk4072

3 years ago

New sub - love and appreciate your content, especially the non-market related topics!

dcarter8883312

3 years ago

Thanks Peter

Pretty Aunt Nice to pay tribute to her. I’m reading old books about markets In that period. ~Dorothy

Last updated 3 years ago

dcarter8883312

3 years ago

JPMORGAN Hypothesized a 5% drop in the $SPY within 5 min, that would force all outstanding 0DTE position to be unwound which could lead to $30.5B of delta selling and a 20% pullback Source: Trader on Twitter

I agree The BIG SWINGS we’ve been seeing are because of the large Volume in Zero DTE Options. ~Dorothy

mahesh28k2207

3 years ago

Hi Peter , Small world i lived in lowell for 11 years right on pawtucket blvd right by U mass lowell . And that lowell sun is costing $1.50 reg Sunday is $2.50 but it's almost 100 years . The lowell sun building in downtown is still there . Thank you .

spencerdavis2000

3 years ago

hey Peter. wow that was super interesting how they made that picture look like that. Amazing. thanks for sharing.

Yadunath

3 years ago

Thanks, enjoyed the market round-up. Yes, the next round of slide may have started. The 6th March high of the retracement rally in SPX cash index was in the region of 0.618 of the slide from 14-Feb until 2-Mar.

The 1929 snippet was fine. We are all humans and we all have our fond memories. We will be reduced to zombies without our emotions, which is what makes us humans.