Market Commentary for Monday, September 15, 2025, by Peter Cook
We got Elon Musk buying a bunch of #TSLA stock today. We are scraping the bottom of the barrel to find more folks to get involved with the market here and I guess that moves the needle these days.
That actually has some stocks like #GOOG moving too. #GOOG has quite a few people trying to buy puts on it, and they are getting squeezed. It's putting in a Major Weekly Top though and in the next few months it's going to be rough over there. I have a hard time believing the indexes are going to escape that aftermath unscathed.
Vix is up this morning - not surprising. I'm buying some October 22nd, 20-25 Delta Calls on Vix here. I rarely ever do that; it has to be a pretty compelling setup. This is definitely one of those setups. I'm also watching the bonds for another "Sell the News" move similar to the last time the Fed started cutting rates (long rates went up 1% when Fed cut almost 1%).
We are opening around the 660 Call Wall on SPY - typically that results in selling. My metrics say it's still a nice day to trade some longs if we can get this thing to actually sell though. It has been difficult to get any setups lately due to the low volatility - today kind of looks like it'll be the same.
Levels:
All the best;
Peter Cook
#NQ_F Chatroom Chief Moderator
Hamzei Analytics, LLC
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