I was just on Schwab earlier today breaking down three trades, and what I told them has me more convinced than ever that most people are positioning themselves all wrong right now.
The Bulls are trying to carry momentum forward, but what we’re seeing is just positive drift while everyone’s sitting around waiting for tweets.
That’s what we’re constantly waiting for, okay?
And the rhetoric on these trade negotiations? In my opinion, it does not sound great.
Here’s what’s got me fired up after today’s Schwab appearance:
• Why Boeing’s 24% year-to-date surge has me putting on a BEARISH trade – even though I think the worst is probably behind them (the real reason will shock you)
• The one VIX level that makes me go “all over it” every time – and how this volatile administration keeps handing me the same profitable setup over and over
• How silver sitting “just shy” of a major breakout could explode in the next few trading sessions – but only if this one technical level gets taken out
You know what? Tech is back and driving some trades higher, but we are still in a fairly volatile situation. The marketplace largely wants to ignore some serious risks right now.
I’m talking Boeing put spreads, VIX call spreads, and a silver breakout play that could move in the next few sessions.
But here’s the thing – on Schwab today I walked through the exact strikes, the precise levels I’m watching, and why timing is everything on these setups.
The market very well could be mispriced here in terms of upside potential versus downside risks as it pertains to tariff negotiations.