from Daily Market Wisdom with Nick Santiago
For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends.
Today:
1. Options Quad Witch everything is down. Wild action. When we get to 3pm, if you’re trading beware. Wild whipsaw at the end of the day.
2. Energy Sell off today. Typical Options Ex move. The high movers get hit and retailers are getting some pops. Oil down 5% and natgas down 4%.
3. Gold and Silver both down. A minor hit. Majors are getting hit. Typical.
4. Bitcoin down. Getting close to that December 2017 $19700 high. $14000 is the bottom that Nick sees but could go lower.
5. Fedspeak Fed Presidents out Today.
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