Jim
2026.06.03 02:44

The market feels like it's played EVERY card it knows to go up, and it has.

Now it's rotate from A-B-C-D without a MASSIVE Sell Signal.

That in Turn BURNS PUTS Because $VIX is less than 16, so NO VEGA TO PAY PUTS, All that Really Happens is Chop or Premium Theta Decay.

I am not mad at it, it's the game we played MAY to OCT of 2025. Just need to Realize this can GRIND Higher on No News or Events unless FED MACRO Get in the way.

IRAN - No One Cares Anymore....

The Easy Money is Gone from $Invesco QQQ Trust(QQQ.US) $SPDR S&P 500(SPY.US) $SPX for the most part in 2026.

Does NOT mean We ARE Going Down Though. Can Grind Higher as noted.

Going Down is Like MASSIVE HOT CPI/PPI.

Market Might Look Right Through that though.

TRUMP INVADES or ATTACKS IRAN -

NOT PROBABLE THIS LATE INTO THE YEAR!

FED STEPS ON THEIR OWN TOES WITH ENDING QE LIGHT $25-$45B a Month of Buying.

Maybe but Unlikely in 2026 IMO.

FED SIGNALS A RATE HIKE -

I REALLY TRULY DON'T THINK SO in JUNE or JULY.

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