Welcome back to the Stock Market Options Trading Podcast! I'm your host, Eric O'Rourke, and in this episode I break down the latest market action, key technical levels, and how Iβm trading SPX options during this volatile stretch.
π This week, the S&P500 dropped over 2% to start the week as uncertainty around tariffs continues to dominate headlines. I talk through how Iβm navigating the range-bound market with iron condors and why I'm keeping trades short and wide.
π I also share insights from Alpha Crunchingβs Weekly Triumph Rate (WTR), which remains below 50% across the board β a rare occurrence signaling more weakness under the hood.
π We take a closer look at:
Real-time inflation data from TruflationHow truflation compares to CPI and what it may signal before official reportsHistorical SPY reactions to Fed rate cuts, with a helpful chart from TrendSpiderποΈ Plus, I touch on key economic events to watch this week including flash PMI, durable goods, and consumer sentiment.
π Resources mentioned:
π Alpha Crunching Weekly Triumph Rateπ Truflation Dashboardπ TrendSpider Rate Cut Chart Tweetπ Grok on xAI (for research)Thanks for listening! Be sure to subscribe and check out AlphaCrunching.com for data-backed trade ideas and SPX forecast tools. Get 50% off your first month or year!