@MichaelPBento

Valois Capital Management, LLC :: Opinions are my own and often those opinions speak in GIFs

 New York, USA
Joined June 2015
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Friday 10/23 SPY Post-Market Write-Up

Today SPY asked us "what's another half a percent among friends?" My lean from yesterdays write-up was wrong, however the secondary case was dead on accurate with 760 being the pin. With how this week…

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Thursday 10/22 SPy Post-Market Write-Up

Is everyone having a good time? Boy oh boy was my lean yesterday wrong. Turns out growth scares DO make the market go down after all. We lost some critical levels today and tested the big kahuna again…

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Wednesday 10/21 SPY Post-Market Write-Up

Another nice little low volume day that gave us a close right above a critical level. Unfortunately it would appear this was the culmination of the bull trap as tech earnings have pushed SPY down sign…

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Tuesday 10/20 SPY Post-Market Write-Up

TACO attempts aside we got the continued bounce we anticipated today, but volume was much lighter and we have VIXperation tomorrow morning. While we got a wider range candle today, the price movement …

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Monday 10/19 SPY Post-Market Write-Up

Houston, we may have a problem. Was SPY up today, yes. Was it good enough, no. Although for a while it looked like we may have had a stay of execution but the end of the day made sure that was not the…

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Friday 10/18 SPY Post-Market Write-Up

Well I hope everyone enjoyed this OpEx, though I suspect there are a lot on here that got today wrong, and I was one of them. All signs were pointing to a max pain pin around 770 but the ai bubble beg…

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Thursday 10/15 SPY Post-Market Write-Up

It's monthly OpEx eve. Today PPI came in red hot and initially SPY dropped but managed to recover soon after open. Overall not exactly the type of V bottom action you see when we are about to rip. Thi…

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Wednesday 10/14 SPY Post-Market Write-Up

CPI came in hot today and we finally got a down move that was more than 1%. Does this mean we crash, no. Does this mean we have problems now, yes. Mainly if the CPI they are reporting is this hot, the…

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Tuesday 10/13 SPY Post-Market Write-Up

Another waste of a day for this market. It's abundantly clear that no one is really making any moves until after CPI releases tomorrow morning. While 785 is still on the table, there are cracks beginn…

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Monday 10/12 SPY Post-Market Write-Up

I don't even know why I am writing this today as not much has changed. Today was kind of a wasted day for the market and it would have been better off closed. Anyway this one is going to be extremely …

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Friday 10/9 SPY Post-Market Write-Up

Despite the chaos SPY continues to march higher. The iron grip of 0dte options continues to tighten, though we are nearing the point in which that grip just outright breaks everything and the cracks u…

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Thursday 10/8 SPY Post-Market Write-Up

Well we got that morning pullback we were looking for yesterday, though it was a bit deeper than expected. Thanks Scam Altman. We also started to see an open interest shift at 785 from tomorrows expir…

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