Just as “trade truce phase 1” kicked in, markets are realizing it has been duped. You either have a deal or no deal. How do you phase in deals? This is not a 1..n data set. If this argument plays out, then $SPY puts will pay off. $SPY, SPDR S&P 500 / H1 Watch volatility $VXX. It is plunging while the markets are flat or barely falling. Market participants yesterday were absent. They could not sell stock and buy bonds, with the bond market closed. Today, the real trading action starts post-trade deal phase 1. Watch trading volume. $VXX, iPath Series B S&P 500 VIX Short-Term Futures ETN / H1 Trade speculation and short $HIMX, $BB, and other small companies. $BB, BlackBerry Limited / H1 $JPM earnings report. Plus other banks report this morning. $BAC will report a little later. Do you hold any puts? Bearishness could start building from here. This is peak bull market. 7:30am: $JPM, $C, $GS and $UNH report quarterly earnings. $UNH, UnitedHealth Group Incorporated / H1 $AMD enjoyed a surge to above $30.50. Where did that come from? Fundamentally, $AMD is ahead of Intel $INTC and behind $NVDA on the GPU market. Stock valuations are not cheap. Buy for momentum, not for valuation. $AMD, Advanced Micro Devices, Inc. / H1 If markets open and hold green, then momentum stocks like $ROKU and $SHOP Shopify will reward bulls. $SHOP, Shopify Inc. / H1 Y'all are quiet subscribers. Share your trades. If you are not trading, share that fact, too.Check out novoadvisor.