Another week full of surprises ended with a selloff Friday for the US stock market. Next Friday is the quarterly futures and options expiration so expect volatility to pick up starting next week.
The Middle East situation creates a lot of uncertainty for the financial markets. This can lead to a very difficult trading environment with very large gaps and volatile price actions. My suggestion to beginner traders is to stay on the sideline and observe what happens.
Cem Karsan just released a new episode of U Got Options with Benn Eifert. It is very educational and good for anyone who is involved with the financial markets these days.
On the other hand, Jeff Gundlach did an interview that outlines his takes on the current market environments from his unique macro perspective.
I find this post on X pretty much sums up what we are seeing these days on the geopolitical front …
This is rollover week so my team is busy working over the weekend to get ready for trading next Monday.
So better wrap up here and get back to work.
Have a great weekend all!
