Nike (NKE) Option Idea

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Market Update Videos

Mon December 23, 2024

Powell ’the Grinch’ Stealing the Christmas Tree?

Chris Robb analyzes the recent VIX spike, the implications of consumer sentiment data, and why the Santa Claus rally remains on track. Discover key market trends, risk-reward dynamics, and actionable insights for navigating this holiday season.

Punk Rock Weekly

Fri December 20, 2024

Inflation Data and AI Earnings Lead December Turnaround

Markets rebounded on Friday after a week of volatility sparked by a Fed rate cut and inflation fears. A softer-than-expected PCE inflation report restored confidence, suggesting the bull market remains intact. AI-driven earnings growth from firms like Nvidia and Broadcom continues to fuel optimism, while pro-business sentiment and record holiday spending boost market momentum. The dip proved to be a buying opportunity, with positive price action expected through the holiday season.

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Thu December 19, 2024

Market Reaction Creates Bullish Setup for Nike

We thrive on navigating market volatility driven by uncertain catalysts like Fed meetings, earnings reports, and geopolitical events. Yesterday, the market overreacted to Powell’s 25bps rate cut and the “dots of doom,” signaling fewer rate cuts in 2025 than expected. Despite the sell-off, we remain bullish, seeing a strong economy ahead. We’re recommending high-risk trades like VIX puts and NKE calls as volatility subsides.