Michael Kramer

Stocks finished higher yesterday, with the S&P 500 gaining around 1%. It felt like a day of implied volatility crush, amplified by a negative gamma regime. There didn’t seem to be a better way to...

This week all eyes will turn to prices, with the CPI report on Wednesday, the PPI report on Thursday, and import/export prices on Friday. Analysts expect the CPI report to show a 0.2%...

Stocks ended the day mostly flat, resembling a pause. It wouldn’t be surprising to see the market trade lower today, ahead of the payroll report, which is due tomorrow. Implied volatility will likely...

Stocks fell sharply yesterday, with the S&P 500 down more than 2% and the Nasdaq 100 dropping 3.15%. These declines aren’t entirely unexpected, and some of the drop is due to the end-of-day surge...

Stocks rallied to close out the last week of August. The $6.5 billion buy imbalance, which overwhelmed the market in an illiquid trading session ahead of the three-day weekend, could have had...

Well, it looks like the day before yesterday’s implied volatility ramp higher came back to bite the market yesterday. The early IV crush in the VIX 1D went from 21 to 11, sending the S&P 500...

Stocks finished mostly lower as Nvidia (NASDAQ:NVDA) reported earnings results. The S&P 500 fell by 0.6%, while the Nasdaq 100 declined by approximately 1.2%. The market’s movements were...

It was another quiet day for the stock market, with everyone holding their breath for Nvidia's (NASDAQ:NVDA) results coming out today after the close. Where would this market be without Nvidia?...

It was a quiet day in the markets yesterday, with the S&P 500 slipping about 0.3% and the Nasdaq 100 down 1%. Investors appear to be in a holding pattern, awaiting Nvidia (NASDAQ:NVDA) results on...

Powell signaled a shift towards rate cuts during his Jackson Hole speech last Friday - a move the market has anticipated for nearly two years. Investors have long been front-running this rate-cut...