ฝัง
- เผยแพร่เมื่อ 21 ก.ค. 2024
- Understanding Correlation Metrics and Market Volatility: Insights with TrendSpider and TradingView
In this episode, we delve into the significance of correlation metrics in the stock market, referencing insights from the morning's note. The discussion covers the usage of TrendSpider and TradingView to analyze core charts, the implications of declining correlation between S&P 500 index volatility and single stock volatility, and how this affects trading strategies. We also explore systematic call overriding strategies, the factors influencing NVIDIA's liquidity, and potential market reactions to geopolitical and macroeconomic events. Learn why dips might get bought and spikes in volatility sold, alongside predictions for VIX movements.
00:00 Introduction and Overview
00:00 Understanding Correlation Metrics
00:50 Impact of Low Correlation on Volatility
02:33 Market Reactions and Predictions
06:49 Systematic Call Overriding Strategies
09:20 NVIDIA and Market Liquidity
12:15 Conclusion and Final Thoughts
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in the 80's the Nikkei Bubble was also fueled by lack of liquidity. The cross participation holdings (ex: Sumitomo Steel, Sumitomo Trading etc..) were apparently a factor. There were also huge volume of Call warrants issued ( 1-5 years maturities)
its a super interesting dynamic, particularly if margin-call panic starts to happen....
@@spotgamma At the time Warrant were issued to raise capital and mostly attached to debt is instrument
Hi Brent! At 5:51 you mentioned a “bear market” rally is not in the cards until the end of August. But we aren’t in a bear market though, sorry if I am being daft and not understanding the comment. May I request further elaboration please? Thanks 🙏
He may reply along the lines of 'what percentage of sp500 stock are above 200 moving average?' Answer: 40 percent-ish. Typically 40 to 50 percent would yield a pivot in such stocks.
7:31
sorry - bear market decline is what I meant! my timeframe for that window possibly opening is end of summer.
@@spotgamma Thank you for the clarification! Have a great Independence Day!
Okay buy the dip is the only game in town again. So puts are only for insurance,
Who is ZeroDT?
This means "zero days to expiration" - options that expire today.
@@spotgamma Or no DDT in the insecticide
and its even lower today
indeed. VIX 10 handle incoming?