|
|
|
|
|
|
|
|
|
 Posted: Fri Mar 28, 2025 4:54 am
Market Update & #PCE Preview 🔔
Hey everyone! First off, I hope you all had a great trading day. Quick recap from Wednesday analysis - left a hint at the bottom of my analysis: "my bias is higher."😅
What unfolded? Today's straddle was set for a 45pt move. We opened with a ~20pt drop and dipped instantly, but from that bottom, $SPX rose 1.08% to 5732.28, only to relinquish those gains, closing down 0.33%. We caught moves on both longs and shorts, sharing insights across trading groups.
👀 What's next? #PCE data drops tomorrow at 8:30 AM, expected to stir the market. #GEX profile is thin-expect the unexpected. Tomorrow's straddle hints at a 48pt swing, projecting a range between 5647 and 5743 for $SPX. Eyes on the sold puts at 5650 strike (3041 contracts) and 5700 strike (-1822 contracts), hinting at a potential 50pt exploration zone above. Above $SPX 5750 potential for a swift move higher is there. Same is true below 5650.
🔮 My outlook for tomorrow? Neutral to bullish. Keep in mind, this is short-term analysis tailored for #daytraders—not a long-term perspective.
🌙 As we head into tomorrow, expect shifts. And hey, if you find value in these insights, a like or retweet goes a long way. Doing this for free makes it even more rewarding with your feedback!
NFA..At close 5693.32
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:55 am
Market Update & #PCE Preview 🔔
Hey everyone! First off, I hope you all had a great trading day. Quick recap from Wednesday analysis - left a hint at the bottom of my analysis: "my bias is higher."😅
What unfolded? Today's straddle was set for a 45pt move. We opened with a ~20pt drop and dipped instantly, but from that bottom, $SPX rose 1.08% to 5732.28, only to relinquish those gains, closing down 0.33%. We caught moves on both longs and shorts, sharing insights across trading groups.
👀 What's next? #PCE data drops tomorrow at 8:30 AM, expected to stir the market. #GEX profile is thin-expect the unexpected. Tomorrow's straddle hints at a 48pt swing, projecting a range between 5647 and 5743 for $SPX. Eyes on the sold puts at 5650 strike (3041 contracts) and 5700 strike (-1822 contracts), hinting at a potential 50pt exploration zone above. Above $SPX 5750 potential for a swift move higher is there. Same is true below 5650.
🔮 My outlook for tomorrow? Neutral to bullish. Keep in mind, this is short-term analysis tailored for #daytraders—not a long-term perspective.
🌙 As we head into tomorrow, expect shifts. And hey, if you find value in these insights, a like or retweet goes a long way. Doing this for free makes it even more rewarding with your feedback!
NFA..At close 5693.32
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:57 am
Market Update & #PCE Preview 🔔
Hey everyone! First off, I hope you all had a great trading day. Quick recap from Wednesday analysis - left a hint at the bottom of my analysis: "my bias is higher."😅
What unfolded? Today's straddle was set for a 45pt move. We opened with a ~20pt drop and dipped instantly, but from that bottom, $SPX rose 1.08% to 5732.28, only to relinquish those gains, closing down 0.33%. We caught moves on both longs and shorts, sharing insights across trading groups.
👀 What's next? #PCE data drops tomorrow at 8:30 AM, expected to stir the market. #GEX profile is thin-expect the unexpected. Tomorrow's straddle hints at a 48pt swing, projecting a range between 5647 and 5743 for $SPX. Eyes on the sold puts at 5650 strike (3041 contracts) and 5700 strike (-1822 contracts), hinting at a potential 50pt exploration zone above. Above $SPX 5750 potential for a swift move higher is there. Same is true below 5650.
🔮 My outlook for tomorrow? Neutral to bullish. Keep in mind, this is short-term analysis tailored for #daytraders—not a long-term perspective.
🌙 As we head into tomorrow, expect shifts. And hey, if you find value in these insights, a like or retweet goes a long way. Doing this for free makes it even more rewarding with your feedback!
NFA..At close 5693.32
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:58 am
Market Update & #PCE Preview 🔔
Hey everyone! First off, I hope you all had a great trading day. Quick recap from Wednesday analysis - left a hint at the bottom of my analysis: "my bias is higher."😅
What unfolded? Today's straddle was set for a 45pt move. We opened with a ~20pt drop and dipped instantly, but from that bottom, $SPX rose 1.08% to 5732.28, only to relinquish those gains, closing down 0.33%. We caught moves on both longs and shorts, sharing insights across trading groups.
👀 What's next? #PCE data drops tomorrow at 8:30 AM, expected to stir the market. #GEX profile is thin-expect the unexpected. Tomorrow's straddle hints at a 48pt swing, projecting a range between 5647 and 5743 for $SPX. Eyes on the sold puts at 5650 strike (3041 contracts) and 5700 strike (-1822 contracts), hinting at a potential 50pt exploration zone above. Above $SPX 5750 potential for a swift move higher is there. Same is true below 5650.
🔮 My outlook for tomorrow? Neutral to bullish. Keep in mind, this is short-term analysis tailored for #daytraders—not a long-term perspective.
🌙 As we head into tomorrow, expect shifts. And hey, if you find value in these insights, a like or retweet goes a long way. Doing this for free makes it even more rewarding with your feedback!
NFA..At close 5693.32
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:59 am
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:46 pm
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:48 pm
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:48 pm
question question question
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:50 pm
Skip to content
Newsletter | Armchair Trader Plus+ | Data+
The Armchair Trader
Tips
Data
News
Trusts and ETFs
Learn
Brokers
Events
Podcast
Home » Stock Market News » Equities » US Stocks
Retail traders cutting their longs on their Mag 7 trades
By Stuart Fieldhouse
28th March 2025
Related topics: ETFs, Options, Tesla [NASDAQ:TSLA], Interactive Brokers, Magnificent Seven
Retail traders cutting their longs on their Mag 7 trades
It could be an expensive year for some traders if they hang onto their Magnificent Seven stock bets. The Mag 7 trade itself does seem to be starting to come apart, in a very volatile way. While there will still be winners from this group of stocks, there will also be losers in this context. More on that from us in a later Armchair Trader Plus post.
We were sent some interesting numbers from Interactive Brokers recently which shed light on how traders are reacting to the first two months of the Trump administration and just how much faith they still have in these leading US tech giants.
While it remains to be seen whether the combination of Fed chair Jerome Powell’s soothing tones and talk of lighter tariffs has created a lasting bottom for US stocks or simply a trading bounce, it is quite clear that Interactive Brokers’ customers have pared their net buying activity over that period.
This is not to say that customers have flipped to the sell side. Over the past week, 23 of the 25 most active stocks on the IBKR platform showed net buying activity, and the other two showed only tiny biases to selling. Yet the magnitude of the net stock buying has shrunk to only modest levels, while call options activity is slightly biased to the sell side and put options activity is essentially flat.
Top Five Net Long 11 March (Stocks)
NVIDIA
Tesla
Vanguard S&P 500 ETF (VOO)
Invesco QQQ Trust
ProShares UltraPro QQQ
Top Five Net Long 25 March (Stocks)
Alphabet (Google – Class A shares)
NVIDIA
Alphabet (Google – Class C shares)
Amazon
Meta
Because the data is a five-day moving average, it is difficult to discern whether these customers lost patience with their perpetual dip buying or took profits after markets bounced off their lows. It is likely a blend of both, but considering that the gross activity is down substantially over the past two weeks, it is reasonable to consider that some faithful buyers got washed out during the recent declines.
Armchair Academy: Introduction to Options
WisdomTree slashes fee on its Physical Bitcoin ETP
Tesla stock is facing a make or break year in 2025
Short of the Week: Can rudderless Tesla stock break under $200?
What is very evident is that traders are moving out of the marquee leveraged ETFs which act as a proxy for the S&P 500 index. Net long trades on Tesla NASDAQ:TSLA have also dropped considerably. Traders on the Interactive Brokers platforms are just marginally net long Tesla stock, which is a massive difference from where they were on 11 March.
Wednesday’s 12% rally in TSLA seemed to be powered by a considerable wave of FOMO, and that could have been abetted by active investors who regretted lightening their exposure in recent sessions.
“That said, our customers remain loyal to their favorite names -TSLA, NVDA, PLTR – and have not lost their affection for leveraged ETFs,” said Steve Sosnick, chief strategist at Interactive Brokers. “Traders are going to trade. But maybe with a little less confidence than they had just a few weeks ago.”
The bottom line seems to be whether the Mag 7 can navigate their way through the new minefield that the Trump administration has created for them. Rumours about an easing of the proposed tariffs regime seem to be just that – rumours, for the moment. But the decision to drop those levelraged long trades on the S&P 500 shows that confidence in the US stock market upside in Q2 is ebbing and quickly.
Share this article
twitter sharing button Tweetfacebook sharing button Sharereddit sharing button Sharelinkedin sharing button Sharewhatsapp sharing button Sharesharethis sharing button
Invest with these platforms
Hargreaves Lansdown
IG
Interactive Brokers
Interactive Investor
Charles Stanley
Looking for great investing ideas? Get our free newsletter.
Your email...
Your email...
JOIN
This article does not constitute investment advice. Do your own research or consult a professional advisor.
Learn with our free 'How to' Guides
How to Invest | Stocks & Shares | Managed Funds | ETFs | Stocks & Shares ISAs | Pick a Broker
How to Trade | Financial Spread Betting | CFDs | Forex | Futures & Options | Trading Courses
Our latest in-depth company reports
Investing in an uncertain world: is risk properly understood?
Investing in an uncertain world: is risk properly understood?
UK smaller companies: keeping calm and carrying on
UK smaller companies: keeping calm and carrying on
CleanTech Lithium: Expanding opportunity for Chilean green lithium developer
CleanTech Lithium: Expanding opportunity for Chilean green lithium developer
Read all our in-depth reports
On the podcast
Podcast: Why you should be paying attention to the India equity markets
Podcast: Why you should be paying attention to the India equity markets
Podcast: Blockchain investments for beginners with WisdomTree’s Blake Heimann
Podcast: Blockchain investments for beginners with WisdomTree’s Blake Heimann
Podcast: Q&A with Steve Kesler, Executive Chairman of CleanTech Lithium
Podcast: Q&A with Steve Kesler, Executive Chairman of CleanTech Lithium
Find more podcast episodes
Sign up for great investing stock tips
Short of the Week: UK tax hikes will hurt JD Wetherspoon
Short of the Week: UK tax hikes will hurt JD Wetherspoon
US Stock Tip: App developer positioned to win big from AI boom
US Stock Tip: App developer positioned to win big from AI boom
Share tip: this FTSE 350 stock is well-positioned to benefit from rate cuts
Share tip: this FTSE 350 stock is well-positioned to benefit from rate cuts
Find more stock tips
Company search...
Trending
The Fashion Sector
ASOS vs boohoo: Is it time to get back into discount clothing?
26th March 2025
Self Storage
Share tip: this FTSE 350 stock is well-positioned to benefit from rate cuts
21st March 2025
GBP Pound Coin
Spectre of the bond market stalks Reeves’ Spring Statement
20th March 2025
Tesla share price
Tesla stock is facing a make or break year in 2025
20th March 2025
Wall Street
Five US mid cap stocks being overlooked by investors
19th March 2025
Latest stories
Short of the Week: UK tax hikes will hurt JD Wetherspoon
28th March 2025
UK Small Cap and AIM Market Round Up: Risers and Fallers
AIM Market Roundup: Premier African Minerals, UK Oil & Gas, Naked Wines
27th March 2025
United Arab Emirates Stocks
UAE Stocks: Agility Global, Apex Investment, National Bank of Ras Al Khaimah
27th March 2025
industrial equipment
Nano One continuing to benefit from Canadian government funding
27th March 2025
Leisure sector beer
Shepherd Neame profits rise, but labour cost pressures threaten growth
27th March 2025
Advertisement
US Stocks
What’s dragging down the NVIDIA share price this week?
What’s dragging down the NVIDIA share price this week?
27th March 2025
US Stock Tip: App developer positioned to win big from AI boom
US Stock Tip: App developer positioned to win big from AI boom
25th March 2025
Tesla stock is facing a make or break year in 2025
Tesla stock is facing a make or break year in 2025
20th March 2025
Five US mid cap stocks being overlooked by investors
Five US mid cap stocks being overlooked by investors
19th March 2025
IPO Radar: Klarna, Stada and Quantum Base
IPO Radar: Klarna, Stada and Quantum Base
19th March 2025
ETF news
WisdomTree slashes fee on its Physical Bitcoin ETP
WisdomTree slashes fee on its Physical Bitcoin ETP
27th March 2025
Deutsche Digital Assets waives fees on Bitcoin ETP
Deutsche Digital Assets waives fees on Bitcoin ETP
4th March 2025
Love Island stars launch ETF investment app for Gen Z
Love Island stars launch ETF investment app for Gen Z
27th January 2025
REX Financial to use call writing strategy in new crypto sector ETF
REX Financial to use call writing strategy in new crypto sector ETF
16th December 2024
Don’t take your eyes off the gold price in 2025
Don’t take your eyes off the gold price in 2025
13th December 2024
Latest tips
Short of the Week: UK tax hikes will hurt JD Wetherspoon
28th March 2025
Tablet computer
US Stock Tip: App developer positioned to win big from AI boom
25th March 2025
Self Storage
Share tip: this FTSE 350 stock is well-positioned to benefit from rate cuts
21st March 2025
Tesla share price
Short of the Week: Can rudderless Tesla stock break under $200?
7th March 2025
Oil derricks
US Stock Tip: Oil and water are mixing well in Texas
26th February 2025
Thanks to our Site Partners
Our partners are established, regulated businesses and we are grateful for their support.
Aquis
CME Group
FP Markets
Schroders
aberdeen
WisdomTree
ARK
Plus500
CMC Markets
Risk Warning
All financial investments involve an element of risk. The value of your investment may fall as well as rise and you may get back less than your initial investment. With Spread bets and CFDs your losses may exceed your deposits.
Our Mission
Our mission is to educate and inspire private investors. With greater access to the financial markets than ever before, we'd like to see everyone use the markets to grow their wealth and gain long term financial independence
The Armchair Trader
1 Charterhouse Mews
London
EC1M 6BB
Email us
Connect with us
Bluesky
LinkedIn
YouTube
Spotify
Instagram
Facebook
X
RSS
Copyright Armchair Trader Ltd 2025 - Registered in England No. 07549040
Advertise Guides About The Armchair Trader Contact Privacy T&Cs
Back To Top
Free share tips and great investing ideas each week
Sign up to our newsletter today.
Your email...
Your email...
JOIN
×
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:50 pm
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:51 pm
question question question
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:52 pm
question question question
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:55 pm
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:56 pm
rolleyes rolleyes rolleyes
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Mar 28, 2025 4:57 pm
|
|
|
|
|
|
|
|
|
|
|
|
|
Reply
