May 12, 2017
Trading Block: Yesterday's earnings: SNAP. Today's Earnings: Macys, Kohls, Nordstrom.
Strategy Block: Uncle Mike Tosaw discusses horizontal ratio spreads
Mail Block: Listener questions and comments
Options Question Of The Week: This volatility implosion is starting to make people nervous. $VIX #Limbo Time: How Low Can It Go in 2017?
- 9.0 is the bottom (38%)
- No lower than 8.5 (18%)
- Cannot get below 8.0 (15%)
- <8.0, Lookout below! (29%)
- Question from Fund Concept: Doubt that Trump will get rid of H1Bs considering global talent is crucial for U.S economy. Any thoughts?
Around the Block/This Week in the Market:
- May 11: Jobless Claims, PPI
- May 12: Consumer Price Index, Retail Sales, Consumer Sentiment