Opendoor Meme Stock Mania Gamma Squeeze? | Bull Market Has Legs? | FOMC Fed Dissents Coming? | Options and Mag 7 Earnings

Derek Moore and Mike Snyder get into why anyone was short Opendoor and how the options market is flashing crazy implied volatility. Plus, how volatility and price movement may cause market makers to buy shares known as a "Gamma Squeeze". Later, they get into how the signs are there that this bull market might have more to run (or not). Oh, and let's not forget to look at what the options market is forecasting for expected moves on Microsoft, Amazon, and Apple earnings next week. All this plus some recommendations this week.

Short Interest on Opendoor

Implied volatility in the options for Opendoor

What is a gamma squeeze?

Why market makers might be forced to buy more shares to hedge when people buy calls

How implied volatility, price, and time impact how many shares market makers buy

Looking at a monthly breakdown of when all-time highs are reached by month

Analysts are forecasting the most dissents by FOMC members at a meeting in 30 years

Looking at market breadth widening

Comparing the RSP equal weight ETF vs the SPY ETF performance lately

Median single family home prices are holding up

Why Are Stocks Up? Nobody Knows WSJ article

Median S&P 500 Index Performance after 60 days above the 20-day moving average

Mentioned in this Episode

WSJ Article Why are Stocks Up? Nobody Knows https://www.wsj.com/finance/stocks/why-are-stocks-up-nobody-knows-e40e5f42?gaa_at=eafs&gaa_n=ASWzDAgNaz0DDWFH6gDHn6aERrjSRwPmYAW_gghkSG_vodoYjhptA0P1MDkxjbWf_I8%3D&gaa_ts=6884571e&gaa_sig=yozSyPX1hqhHz6UAZ2l-hgP3YdDvVJAHPTMiUXl-RbQszZ0B_F6nf5MoO9DjUl2uwotmVVavxIG3wmp2BPUwOg%3D%3D

Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT

Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt

Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag

Contact Derek [email protected]