savage-notes

A collection of 352 posts

savage-notes

Morning Market Notes 06-18-26

Market Calendar $SPX & $QQQ OPEX day. Friday's closed for Juneteenth, so the whole June monthly expiry gets jammed into this session. Don't let the premarket green fool you: QQQ's up 1.66% and VIX is bleeding 7% down to 17, but the flow

savage-notes

Morning Market Notes 06-17-26

Market Calendar $SPX & $QQQ Fed day. Everything before 2pm is just noise. The tape's quiet premarket: QQQ up 0.65%, SPY barely green, VIX bleeding under 16.30 like the market's not pricing in any surprise. SPX is pinned on the 7500 Put Wall with

savage-notes

Morning Market Notes 06-16-26

Market Calendar $SPX & $QQQ Macro's light this morning: import prices, housing starts and building permits at 8:30. But it's all noise ahead of the Fed on deck Wednesday, VIX expiration the same day, OPEX Thursday, then closed Friday for Juneteenth. Trade the range or

savage-notes

Morning Market Notes 06-15-26

Market Calendar $SPX & $QQQ A deal with Iran is allegedly signed. The level that matters is the 7500 SPX. That's the key line in the sand to see if this melt-up holds, with 7400 the Put Wall and the line dealers flip negative below. QQQ'

savage-notes

Morning Market Notes 06-12-26

Market Calendar $SPX & $QQQ VIX back under 19.5. The driver: an Iran deal, allegedly. And at 9:30 the biggest IPO ever launches — a $75 billion raise that's had the whole Street lined up all week. The line that matters is 7400 where dealers are back

savage-notes

Morning Market Notes 06-11-26

Market Calendar $SPX & $QQQ Futures caught a bid overnight. Up 75bps at the highs, then gave most of it back as Iran headlines flipped back on. ES tagged 7240 on the lows before bouncing. Premarket now: QQQ +0.82%, SPY +0.42%, VIX down 3% to 21.5. Vol

savage-notes

Morning Market Notes 06-10-26

Market Calendar $SPX & $QQQ CPI is the whole ballgame today. On SPX, 7400 is the ceiling, with 7350 the key level and 7300 the spot bulls defend if the tape gets heavy. QQQ needs to hold 700, where support and the Put Wall line up; reclaim 710 and the

savage-notes

Morning Market Notes 06-09-26

Market Calendar $SPX & $QQQ Green across the board premarket. IWM out front +1.07%, QQQ +0.90% and already poking through its 720 Call Wall, SPY tagging along +0.52%. VIX is getting smoked, off 5% and back under 18. Small caps leading with vol bleeding out is the

savage-notes

Morning Market Notes 06-08-26

Market Calendar $SPX & $QQQ Risk is back on out of the gate — QQQ leading the tape +1.66%, small caps right behind with IWM +1.49%, SPY tagging along +0.85%. And as usual, vol is getting crushed: VIX getting smoked, down over 12% and back under 19. Dealers

savage-notes

Morning Market Notes 06-05-26

Market Calendar $SPX & $QQQ At some point all this bearishness under the hood had to take over, and that's exactly what we're seeing premarket. 7550 is the line in the sand. Uender it, we go visit 7500; above, a 7600 retest is most likely. Let&

savage-notes

Morning Market Notes 06-04-26

Market Calendar $SPX & $QQQ Tech getting smoked premarket: QQQ down 1.12% and trading right under the 740 Put Wall. SPY off 0.30% but the Dow is bid +0.89%. Classic rotation out of tech showing up before the cash open. VIX up 2.68% to 16.49,

savage-notes

Morning Market Notes 06-03-26

Market Calendar $SPX & $QQQ Dow -0.39% pre-market, while QQQ holds green. SPX keeps pushing higher on fumes. The SPX needs to lose 7500 for any serious downside move. Until then, more of the same. Let's have a sesh. The new 0DTHERO.com is live If

savage-notes

Morning Market Notes 06-02-26

Market Calendar $SPX & $QQQ Quiet red premarket on the surface, but underneath the tape is anything but calm. The index barely moves while the options landscape starts to say otherwise. SPX wants to let go, but the cushion from positive dealer flow has been mopping up every dip for

savage-notes

Morning Market Notes 06-01-26

Market Calendar $SPX & $QQQ First trading day of June and we're getting a quiet bid premarket. May closed at fresh ATHs and now we get the first read on June with 10am ISM Manufacturing. June should be an interesting month for the markets as actual oil supply

savage-notes

Morning Market Notes 05-29-26

Market Calendar $SPX & $QQQ It's an EOM session fresh off new highs on the S&P. The market's been pricing in peace deals for a while now — and every time, we get new highs. So we'll see how May closes after yet

savage-notes

Morning Market Notes 05-28-26

Market Calendar $SPX & $QQQ Seems like no matter how hard we try to break out of this 7550–7500 SPX range — the market just can't let it go. Overnight it tried to lose 7500, but positive news in the AM brought it right back up. More of

savage-notes

Morning Market Notes 05-27-26

Market Calendar $SPX & $QQQ Nasdaq names are stretching while SPY grinds — that gap between QQQ and SPY tells you flows are concentrated, not broad. We'll see if breadth catches up once cash opens. Macro day is empty — nothing scheduled on the calendar. Pure flow kind of day.

savage-notes

Morning Market Notes 05-26-26

Market Calendar $SPX & $QQQ Indices ripping out of the long weekend. QQQ +1.17% and already trading above the 720 Call Wall premarket. SPY +0.71%, IWM running with it +1.16%, Dow tagging along +0.55%. VIX still parked under 17. Tech is leading and the bid looks

savage-notes

Morning Market Notes 05-22-26

Market Calendar $SPX & $QQQ Quiet, green tape heading into the open. SPY +0.44% and QQQ +0.44%, moving in lockstep. VIX is barely awake, +0.24% and still parked under 17. This is a pre-holiday Friday. Cash markets are closed Monday for Memorial Day, so volume thins

savage-notes

Morning Market Notes 05-21-26

Market Calendar $SPX & $QQQ Risk-off premarket the morning after NVDA. QQQ leading the slide -0.55%, SPY -0.33%, small-caps soft with IWM -0.52%. VIX catching a bid +1.55% to 17.71. Nvidia's print is in the books and the tape's

savage-notes

Morning Market Notes 05-20-26

Market Calendar $SPX & $QQQ Risk-on premarket for NVDA day. QQQ leading +0.76%, SPY +0.47%, even small-caps showing up with IWM +0.70%. VIX getting bled out -0.78% to 17.92. This is the calm before NVDA reports Q126 after hours. Premarket bid is real

savage-notes

Morning Market Notes 05-19-26

Market Calendar $SPX & $QQQ Tech under pressure premarket. QQQ down 0.62% and already trading under the 705 key, working toward the 700 Put Wall. SPY off 0.35%. VIX bid up to 17.96. Risk-off tone but nothing dramatic. Feels like a slow grind lower until somebody

savage-notes

Morning Market Notes 05-15-26

Market Calendar $SPX & $QQQ Tech getting smoked premarket — QQQ down 1.76% and already trading under the 715 Put Wall. SPY off 1.22%, also under its 745 Put Wall. VIX bid hard, up 11.65% to 19.27. This is a de-risking OPEX morning and one way

savage-notes

Morning Market Notes 05-08-26

Market Calendar $SPX & $QQQ Premarket bid is on going into NFP and the "peace deal" (allegedly). QQQ premarket is bullish and pinned at the Call Wall, but any disappointment squeezes hard the other way. Strong signals only. Let's have a sesh. The new 0DTHERO.com

savage-notes

Morning Market Notes 05-07-26

Market Calendar $SPX & $QQQ Not much we can say about a market that only goes up on every piece of positive news from a war that's not settled yet. More of the same, and follow the system. Let's have a sesh. The new 0DTHERO.com