Market Commentary for Monday, October 6, 2025, by Peter Cook

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We are gapping up bigly here - we have news that Open AI is taking a stake in #AMD.  At this point, it's getting pretty stupid.  The amount of revenue required to justify this amount of wasteful spending on chips and datacenters is simply not going to print.  It's definitely worse by orders of magnitude than the Internet was back in the late 1990s.  These folks are spending $30 billion a month and taking in about $1 billion a month.  Not only that, it is not like this stuff is like the Railroads back in the 1800s - that was steel and wood that lasted decades.  A datacenter is poof, gone and obsolete in just a few years.  

People forget, but back when the Dot-Com bubble popped, we saw this kind of thing where companies started buying other adjacent companies. Lucent was one of the worst - they did like 25 billion in acquisitions on the way up to the top. Same stuff happening now. 

The ES futures gapped up about 4 points on Sunday, and they have not filled the gap.  Typically, we have a 90% chance to fill gaps up on the Futures the same day.  

Odds change depending on the circumstances and I'll review all that in the Chat this morning with subscribers. 

0DTE Options show panic - lots of hedging into the weekend due to "Shutdown" or "Gaza" or whatever it was.  None of it printed and all we got we more stupid from the AI bunch, so short covering is again the story.  The 0DTE Setup is very bullish today and I'll run those numbers (average gains) in the chat as well.

No economic data to speak of, but the Shutdown odds keep climbing.  Polymarket has it at a 70+% chance it lasts through mid-month.  Trump sent a minion out to say if he didn't feel like there was progress, they'd be laying people off - whatever that means.  For what it's worth, the Ds said no one picked up the phone to call this weekend from the other side.  I'd say it's stalled, both sides dug in.  

Depending on what poll you look at most people blame Trump, but it's not like a landslide and he has solid support from his base still (which is all he really cares about).  Will be looking to see how this develops once the consequences start rolling in - if he REALLY wanted to fire a bunch of people, I think he would have done it already.  Kind of seems like he's waffling to me. 

Levels:

All the best;

 

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

 

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0841 ET on October 6th

Market Commentary for Friday, October 3, 2025, by Peter Cook

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We are gapping up slightly here and running over the Call Wall on SPY at 670 and into the 0DTE Implied Highs.  This will cause some selling.  Be careful up here because we have been seeing large, red 30-minute bars when this kind of thing happens. 

Still watching the crash setup from a couple days ago.  Just because it's up a couple days doesn't mean much to be honest.  

I still see Call to Put Gamma very elevated (meaning lots of call buying).  Put Call Ratios got into the bad place too.  Once we squeeze some of these early shorts in select names, we may have found out last buyers.  

Vix continues to remain elevated, likely from continued pressure from the Chaos unfolding in DC. 

We had a fire at a refinery in California - that is something to watch because California gas is special and the oil companies charge them and arm and a leg for it.  Could make gas prices move in California. 

Despite the setup on the dailies looking so ominous, we continue to see day trading work for us - I'm targeting the 0DTE Implied Lows hopefully again today for a long.  It worked almost to the tick yesterday and we caught nice trade off those levels. 

Levels:

All the best;

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 1001 ET on October 3rd

Market Commentary for Thursday, September 2, 2025, by Peter Cook

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We are gapping up into the Call Wall on SPY at 670.  Typically, that results in market makers coming out to slam this down.  The 30-Minute charts are roasted and toasted, so we might need to rest here.

We are still working through a crash setup, but we saw yesterday the market tipped its hand.  I said I wanted to see if shorts got squeezed because they had really loaded the boat up with puts and we got the squeeze yesterday.  You could tell because we went parabolic into the 2:30 PM EST margin call timeslot and after that it kind of stopped going up.  Don't get complacent because the same thing happened on 7/31/24 and the next week it still crashed.

Korea again was up 2%, dragging gold and bitcoin with it.  Some of the chip stocks that have been resting for weeks like #AMD are revving back up this morning and trying to run again.  

The Challenger Jobs Cuts report showed layoff intentions kind of moderating.  That's good to see.  I still expect the DOGE stuff to kind of peak into the Fall (especially if the elections turn out poorly for Rs).  Fed cutting into improving jobs market should create large inflation.

Still ALOT of hedging going on, betting on the market to go down, whatever you want to call it right now. 

I got some comments on the Bank puts yesterday so I figured I would share the chart, so you can see what I see.  I did screw up one thing, instead of 34,000 puts, it was "only" 11,000 on the volume (I looked at the wrong axis on the graph, mea culpa).  It is still ALOT of puts compared to normal.  Red bars/yellow bars = Put Volume, Open Interest and the Green Bars = Calls Volume, Open Interest and the bottom oscillator just measures when there is imbalance in the flow.  

It looks like those 11,000 puts never made it into the OI (so they were probably a 1-day hedge, but I think they were LEAPS way out into 2026 and 2027 if I recall).  None the less, if you look at individual names (MS or JPM) and even the KRE (Regional Bank ETF) there is still heavy put buying going on (and it is making its way into the OI).  So, the broader theme is still a lot of hedging going on.  

And if the timing is off just a little bit - those folks will have to cover their shorts, close their puts with a loss, etc. This is what we have going on right now.  

My number 1 rule for shorting is that I don't do it until the indexes fall under the 200 Day Moving Average.  I find it just doesn't work nearly as well as when we are in a Primary Uptrend. 

The gamma ratios are setting up bearish here after yesterday's bender.  Typically, it takes a day or two to roll over, but I'm expecting weakness sometime in the next week. 

Levels:

All the best;

   

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0907 ET on October 2nd

Market Commentary for Wednesday, October 1, 2025, by Peter Cook

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Asia last night was a bit of a blood bath, but Europe is buying the dip. 

I don't trust this despite the setup being pretty good - I got long signals on the RTY last night but had to close up my trades with small gains after I saw the 0DTE Skew this morning. 

We are in a crash setup - the last 2 times this happened we had -7% drawdowns within a week.  Will it happen again?  I have no idea.  I just know enough to know that I stay far away if this kind of thing starts.  The put buying on the Banks and insurance stocks is obscene right now.  Someone dropped 34,000 Puts on the KBE (Bank ETF) yesterday and that thing rarely trades that kind of volume.  For comparison there were 393 Calls purchased yesterday.  

Typically, that kind of stuff resolves in a short squeeze / bullish.  But this is that rare circumstance where they are paying so much, so fast for puts that it should give you pause.  What do they know?

ADP Employment data is a disaster, and we are back to pricing in 5-6 cuts again.  The local and state government DOGE stuff is hitting hard.  And Argentina is back to performing poorly after Bessent jawboned the market higher for a few days - they are going to need a Bailout and it ain't going to be cheap.  

The line in the sand is 6700 today on ES - under that and it's a no touch until we retest overnight lows, else it's probably fine (for today, not the rest of the week).  

PLEASE BE CAREFUL THIS IS NOT A JOKE.

Levels:

All the best;

 

 

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0931 ET on October 1st.

Market Commentary for Tuesday, September 30, 2025, by Peter Cook

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We are struggling overnight, and the tape looks weak.  Bitcoin #BTCUSD backed off the Sunday gap up in the futures (yes, I know Bitcoin trades 24/7).  Typically, a gap up on Sunday like that for Bitcoin is bearish. 

Yesterday's candle is bearish for today, only 44% chance of higher.  

Shutdown stuff is the main thing we'll keep an eye on today.  Kalshi has the odds around 76% now and rising.  Cramer says the shutdown doesn't matter and market should be fine.  That should be concerning for us. 

My metrics suggest today is a poor day for day trading, so I'll skip it. 

We are resting on top of support there around 663 on #SPY,  under that is negative gamma and we could break weekly support.  

Levels:

All the best;

 

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0827 ET on Sept 30th.

Market Commentary for Monday, September 29, 2025, by Peter Cook

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We are gapping up and all the silly stuff is running again.

#Gold, gold miners, #FFTY and #NVDA is running.  #INTC is weak though. I have puts on $INTC expecting it to completely fall apart soon. 

We gapped Bitcoin futures up on Sunday - the last 14 times that has happened we are lower than today's close 11 out of 14 times.  It is bearish. 

We get the JPM Collar roll after tomorrow - that will reduce the tendency of this market to be so resilient. 

VXN is up 3% this morning, most of the Vix complex continues to rise - extending correlations with the indexes further and further out (Vix up Indexes Up).  This is a very, very bearish thing to see. 

#QQQ is up almost 1% as I type this and yet only 49% of the #SPX is advancing.  Not good. 

Levels:

 All the best;

 Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 1014 ET on Sept 29th.

Market Commentary for Friday, September 26, 2025, by Peter Cook

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We are running up this morning based on "good" inflation data.  You can judge for yourself, but it does look like the data look fishy to me.  Consumption numbers running at 2x the rate of inflation looks odd.  

If it's real, prices should come up to meet that insatiable demand.  

Prior PCE revised down too.  I'm sure everyone can understand why after the last couple weeks of drama with the BLS. 

Meanwhile, you can look at #COST and see all you need to know about consumption.  It's down after laying another egg during earnings.  Same store sales tepid.  

#KMX was down almost 25% yesterday with the same kind of thing - really difficult time for used cars now that the Tariff induced front running is done.  

#LEN reported same with home sales.  Not only that but builder stocks ran up way too much in anticipation of rate cuts.  Now the hangover is here. 

I'm watching the stocks, not the macro data - macro data just not useful anymore. #INFL (ETF that tracks stocks that do best with inflation) is up 0.55% this morning so far too.  If inflation is not a concern, then why do the inflation stocks keep going up? 

Gamma Ratios are very bullish today, I killed it yesterday and pulled almost 70 ES handles, which is pretty nuts for me.  I'm going to press longs again today.  Could be a trend up day at least until we get into 661 on SPY. 

Levels:

All the best;

 

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0954 ET on Sept 26th.

Market Commentary for Tuesday, September 23, 2025, by Peter Cook

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We nailed the call on the +0.65% move on #QQQ, crazy when the statistics work out.  

#BA up this morning.  It's set up nicely for a long on the Dailies. 

#GLD continues to run.  But all is not well - when it does a multi-week run like this, it's only up about 20-25% of the time in the next 6 weeks.  It's time to be locking down gains in those names. 

#NVDA is noticeably weak today.  I saw some signs the options markets are overheating in #NVDA last night, I'd avoid. This is one sign I've been looking for to get ready for a larger decline in the indices. 

I did start swinging some left-tail kind of "Vix Spike" plays using some 10-delta weekly calls.  We'll see if it works - it's a small position.  Since I'm not doing much trading now (other than day trading) I need to keep myself busy and not get in trouble. 

Levels:

 

All the best;

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0936 ET on Sept 23rd.

Market Commentary for Thursday, September 18, 2025, by Peter Cook

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We are gapping up on news this morning.  #NVDA is "investing" in #INTC (that now makes the Federal Government and the largest corporation on the planet trying to save #INTC).  What a stupid use of money, but I guess #NVDA is thinking they can try to brand their tech with an #INTC name and try to get around the ban in China or the export controls in the US.   We'll see if that works or not. 

Chips are up on that, but we are well off the overnight highs due to some morning selling.  

We saw the Call Wall move DOWN on SPY yesterday, that tells me we had a lot of people betting that we'd be ripping upward on FOMC day.  Instead, we did nothing and burned all that premium.  If we see market makers try to take this back under 660 to kill the Calls, it will really sting.  

I looked at the moves in the last 2 hours of the session yesterday and it looked like mostly "Sell the News" stuff. Builders down, bonds down, oil and gas operators down. The candle yesterday on IWM is exceptionally bearish out a week or so.  

I'll be looking to see in the next few days if we continue to verify that first knee-jerk reaction Post-FOMC or not.  Tomorrow is the key, as we get a reset of the Call Heavy options markets.  Then comes the move at the end of the month with the JP Morgan Collar. 

Levels:

All the best;

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0935 ET on Sept 18th.

Market Commentary for Tuesday, September 16, 2025, by Peter Cook

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We had a gap up this morning from the bid overnight in Asia, but it's wilting so far near the open. 

Indexes seeing lots of put buying, especially out into next week.  Puts normally cost about 8% less than calls, but we see they are about 25% more expensive here.  That means lots of demand. 

At the same time, I'm seeing a ton of flow shorting Vix and it is setup to spike (I bought some Vix calls yesterday right on the open).  

I don't know if I've seen the market this "split" in a long time - maybe February of 2017 when Trump was out there and cut the Taxes.  We started running hard, and people really shorted the heck out of the thing after the election.  They got run over at that time.  It doesn't mean the same thing will happen here though. 

This is one weird market.  The tech stuff is squeezing early shorts for sure (#GOOG is really bad) but it's starting to morph into a bid where the Call Flow is returning and that should put a serious brake on this.  So, the squeezes are almost done. 

Many stocks are putting in large range days and reversing (e.g. #TSLA yesterday).  But #TSLA still needs to break the Anchored VWAP from 9/12 to get more bearish.  I'll be looking for that soon.  

The last thing I see here, sitting there having done NOTHING for months is #DJT.  It has to squeeze at some point; it usually does when it gets like this. I have some YOLO calls on that one. 

I'll look for support at the 0DTE Implied lows today and see if we can get some longs.  It's been very, very slim pickings for me trading over the last week.  Not many setups due to the low volatility. 

Levels:

All the best;

 

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0935 ET on Sept 16th.

Market Commentary for Monday, September 15, 2025, by Peter Cook

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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

 

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0956 ET on Sept 15th.

Market Commentary for Friday, September 12, 2025, by Peter Cook

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We got the CPI and PPI out of the way and now the market is pricing in the possibility of 6 cuts instead of "maybe 2".  That is not rational, if you are a passive investor, you better hope this thing doesn't need 6 cuts because if it does it'll be down 20% or more. 

Let's hope we can get through Friday and into Rollover without any more drama.  

Consumer Sentiment is at 10 AM, should be more of the same (Dems in the toilet, Repubs more or less happy but slowly declining in sentiment mostly due to inflation and not being able to find workers for their businesses).  

It's a good day to press longs.  SpotGamma had 656 on SPY as the Put Wall, which is bizarre.  They made a mistake I think - Put Wall is really at 640 on SPY.  None the less, there is a fair chunk of puts at 656 and that might end up being heavy support.  I'm going to press longs as long as we are over 656 on SPY. 

Levels:

All the best;

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0935 ET on Sept 12th.

Market Commentary for Thursday, September 11, 2025, by Peter Cook

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We got the CPI data and it was hot.  But it wasn't as hot as the market would have though and the headline year over year numbers matched consensus.  Food prices were hot, coming in at 3.2% year over year compared to 2.9% last month.  That's not going to make people happy. 

The jobs data was awful.  Jobless Claims are inflecting upward meaningfully.  

All this continues to reinforce the same narratives that the Fed is cutting. As long as we don't go into a recession then it's bullish for stocks.  Not going into a recession will be very difficult in this circumstance though.  

Today the tape is good but remember we like to go test that 8:30 AM EST level when we see these larger economic data releases.  

I'm going to press longs again, just like I did yesterday.  If we get down to the 0DTE Implied Lows again like we did yesterday, it is still going to be a spot to try to buy it for a rally just like yesterday afternoon. 

Levels:

All the best;

 

 

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

 

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0959 ET on Sept 11th.

Market Commentary for Wednesday, September 10, 2025, by Peter Cook

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We are once again looking at silly season on display as Korea and Singapore jump hand over fist into the #ORCL earnings.  I don't know if I've ever seen a bigger move on a large cap stock like that when the earnings and revenue missed. It's all smoke and mirrors at this point - you are paying for potential future promises that already look like they might be on shaky ground.  

Poor #CHWY reported earnings and it's red - there were a lot of puts purchased before that report at really expensive prices, so I think that one could possibly rally after the open as those things close up.  Most people didn't make any money betting against the drop because the put prices were so expensive.  

The story today is #PPI.  If we get a "beat" then it's good for markets, if it's a miss, we are going to have heartburn. It really is that simple.  Betting markets look like to me they are leaning for a slight beat on CPI tomorrow.  I still think it is going to be a big miss for both PPI and CPI.  

The setup is very poor here with regard to At the Money Gamma.  I'm seeing levels of Call Gamma to Put Gamma that are concerning and very bearish over the short to intermediate term.  A Vix spike of +20-30% would do the trick to reset the sentiment here.  We need it badly (AGAIN).  

Crypto has quietly corrected and we are seeing stuff like #MSTR hit some major Yearly support levels.  #COIN is similar, hitting some major anchored VWAPs from the last pivot lows and starting to curl up.  

My metrics say today should be a good day for us to try to trade, we'll see if we can get some selling to materialize here after PPI and try to buy some dips intraday.  The 30-minute charts are overdone and need to rest / sell.  We still can't get the Call Walls for SPY to move up, that is very concerning to see traders unwilling or unable to roll calls up and out. It makes it structurally difficult to go up.

Levels:

All the best;

 

 

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

 

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 0819 ET on Sept 10th.

Market Commentary for Monday, September 8, 2025, by Peter Cook

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We are levitating again on a very thin bid into chip stocks from the Retail Brigade.  Breadth is bad, only about a quarter of stocks are going up at the moment.  

Argentina #ARGT had an election, and markets are tumbling over there, off 10%.  That setup actually looked pretty good for a long - very surprising to see that outcome.  Conservatives are getting bounced because they went too fast too furious with the austerity and still kept all the corruption people dislike.  Possibly a pre-cursor to US mid-term elections?  We'll have to see.  Don't forget Musk was wielding a chain saw just a few months ago just like Milei was in Argentina.  The irony of both of them now going into the "Wood Chipper" has me chuckling just a little bit. 

#Bonds are rallying another 1% and hitting some long-term resistance levels in the form of a falling Yearly VWAP at 89.66 on #TLT.  Same with Mortgage REITS like #MORT - they are overbought here.  Nice moves on all that stuff, but it's getting to be time to take profit.

I'm seeing very concerning things with Vix right now, it's setup for a big spike.  It is not a terrible time if #VIX calls are your thing to hedge.  Retail interest in stocks and momentum trading is approaching 2021 top levels, possibly even more in the case of some of the IBD 50 stocks.  That never ends well. 

We are gapping into 580 on QQQ (the Call Wall that won't move up).  That's usually bearish.  We got a big slam down when we did it on Friday.  Could be same today.

My metrics say it could go either way today (either really good or really bad) so I usually skip it if I have a chance it could be really bad.  

Levels:

All the best;

 

 

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

 

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

This email went out to Members at 1040 ET on Sept 8th.

Market Commentary for Wednesday, August 27, 2025, by Peter Cook

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We continue to see anticipation show itself ahead of #NVDA earnings.  You could tell people were piling in yesterday afternoon with the one-way rally we got into the close. 

#MDB reported earnings and it's up 30% - that's got software stocks moving.  #DDOG is another one to watch in sympathy to #MDB. 

There is light economic data today, so we should trade pretty technically - the drift up into the earnings anticipation is here.  Asia was weak last night with China down 2% and Japan down 1%.  Even Poland is off this morning.  The US Dollar is rallying too. 

I'll be pressing longs intraday today into the #NVDA anticipation, looking for support at the 0DTE Implied Lows if we get some long setups.  Remember, I mentioned #NVDA typically sells from the Open of Tomorrow to the Close tomorrow, most of the earnings move will happen on the gap up or down after hours.  The gap up will have a tendency to want to be monetized / profits locked in and a gap down will cause a panic with trapped longs and chunky hedging from a week or two ago still present in the Open Interest. 

Levels:

All the best;

 

 

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

 

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp 

Market Commentary for Tuesday, August 26, 2025, by Peter Cook

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We are kind of treading water into #NVDA earnings Wednesday after the bell.  Implied move is like 6% or so, which isn't too bad for that stock.  I notice some heavy hedging and retail looks to be a little nervous about whether or not Jenson can deliver the goods (AGAIN).  I have no real edge trading earnings until they actually come out.  The one tendency that does exist for #NVDA is to actually sell from the Open to the Close on the next morning after the afternoon announcement, so there is that.  0DTE Puts might print on the morning after. 

Durable Goods was pretty good here this morning.  We like to see that, and it would be nice to see some decent economic data for a change. 

The Dallas Fed did their survey yesterday morning and it was great.  They asked businesses some nice questions on Tariff implementation and when they were going to raise prices. Here is the kind of summary:

• Prices paid continues to rise, indicating continued, persistent price #Inflation for businesses because of the #Tariffs.  It increased 2 more points this time around. 
• Prices received continues to rise, indicating businesses are continuing to pass through the costs of #Tariffs.  This increased 4 points (double what Prices Paid did).  Businesses are passing more Tariff costs onto the consumer. 
• 71.6% of businesses said they were seeing negative impacts due to the #Tariffs, that's a lot.
• 63.6% of businesses say they have passed the costs onto customers and ~62% of them say they will pass either the entire cost or most of the cost of the #Tariff onto their customers.  
• 78.6% of businesses say they don't expect any more funny business with #Tariffs for the rest of the year, the storm has passed they say.

This is very useful information because if Tariff stuff becomes a thing again, we'll see businesses surprised (they think it's done) and we could see real negative reactions in the market. 

I'm not going to Day Trade much today, my metrics say it's not a good day to trade.  

Levels:

All the best;

 

 

Peter Cook

#NQ_F Chatroom Chief Moderator

Hamzei Analytics, LLC

 

Sign-up link: https://www.hamzeianalytics.com/HAPDTS_NQ_details.asp