Good Morning!
Despite rising inflation and rallying bond yields globally, the S&P hit new all-time highs this week. Seasonally, October tends to be a good month for risk assets, especially for Crypto.
Last week, US labour data came out worse than expected, with softer payrolls and higher unemployment, while European inflation came in higher than expected, by 0.2% year-on-year. The calendar looks very light ahead; today we get the FOMC minutes, the first after the recent hike, and next week we have US inflation data, which is expected to tick up.

Important Dates


WE CALLED IT

BTC
+3.5%
$83,900 → $86,300
HTF Support
SPX
+1.7%
$7,620 → $7,740
HTF Support

NQ
+5.9%

SLV $61 calls expiring 9/11
+48.47%Bullish on commodities; showed intraweek strength
FSLR $220 calls expiring 9/18
+97.44%Bullish on risk assets; showed intraweek strength
MU $1,050 calls expiring 9/11
+76.65%Bullish on risk assets; showed intraweek strength
MRVL $235 calls expiring 9/18
+91.91%
Bullish on risk assets; showed intraweek strength
WDC $500 calls expiring 9/18
+71.96%
Bullish on risk assets; showed intraweek strength
SPCX $155 calls expiring 9/18
+66.67%
Bullish on risk assets; showed intraweek strength
NVDA $225 calls expiring 9/25
+132.62%
Bullish on risk assets; showed intraweek strength
SHOP $134 calls expiring 10/2
+471.74%
Bullish on risk assets; showed intraweek strength
MSFT $500 calls expiring 9/25
+203.63%
Bullish on risk assets; showed intraweek strength
GOOGL $332.5 calls expiring 9/11
+90.04%
Bullish on risk assets; showed intraweek strength
MRVL $240 calls expiring 9/11
+47.62%
Bullish on risk assets; showed intraweek strength
AMD $515 calls expiring 9/25
+66.14%
Bullish on risk assets; showed intraweek strength
APP $340 calls expiring 9/18
+56.72%
Bullish on risk assets; showed intraweek strength
GOOGL $350 calls expiring 9/18
+221.65%
Bullish on risk assets; showed intraweek strength
HOOD $110 calls expiring 9/18
+75.86%
Bullish on risk assets; showed intraweek strength
WDC $500 calls expiring 10/2
+122.52%
Bullish on risk assets; showed intraweek strength
MSFT $510 calls expiring 9/25
+93.15%
Bullish on risk assets; showed intraweek strength
VST $150 calls expiring 10/16
+329.79%
Bullish on risk assets; showed intraweek strength
WIZARD’S WEEKLY MUSING


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