Join Tom, Tony, and Kai as they discuss the latest market action of the past week from a research perspective. The S&P 500 rallied 4.6% last week, its second-largest rally in the past year, driving the VIX below 25 and returning to its February-March levels. NASDAQ gained 6.4% while the Dow rose 2.5%, with all indices exceeding their expected moves.

The gold-silver ratio dropped below 100 to 99.36, ending its second-longest streak above 100 since COVID. Earnings results improved significantly, with 55% of companies beating expectations compared to negative trends the previous week.

This week features earnings from approximately one-third of the S&P 500 companies: including Microsoft, Amazon, and Apple. Expected market moves decreased from 3% to 2.5% as implied volatility declined.

Join Tom, Tony, and Kai as they discuss the latest market action of the past week from a research perspective. The S&P 500 rallied 4.6% last week, its second-largest rally in the past year, driving the VIX below 25 and returning to its February-March levels. NASDAQ gained 6.4% while the Dow rose 2.5%, with all indices exceeding their expected moves.

The gold-silver ratio dropped below 100 to 99.36, ending its second-longest streak above 100 since COVID. Earnings results improved significantly, with 55% of companies beating expectations compared to negative trends the previous week.

This week features earnings from approximately one-third of the S&P 500 companies: including Microsoft, Amazon, and Apple. Expected market moves decreased from 3% to 2.5% as implied volatility declined.

Ross shares his journey from being a Spanish teacher to a successful trader. Despite starting with a modest $50 per month savings and a $500,000 portfolio, he grew it to a couple of million dollars through strategic trading. He emphasizes the importance of consistency, risk management, and embracing a disciplined approach to investing. Ross now engages with various strategies, including jade lizards and covered calls, and trades actively while balancing his teaching career.

Ross shares his journey from being a Spanish teacher to a successful trader. Despite starting with a modest $50 per month savings and a $500,000 portfolio, he grew it to a couple of million dollars through strategic trading. He emphasizes the importance of consistency, risk management, and embracing a disciplined approach to investing. Ross now engages with various strategies, including jade lizards and covered calls, and trades actively while balancing his teaching career.