MBCC TH 17th November'23 - "It is Friday and a hell of a lot of calls expire in VIX and S&P500, what does it mean and what will happen next week?"

As much as you would like to think the market is fundamental, it is more technical than fundamental! We tell you why today is important and why we have been seeing what we have in Magnificent 7 and Russell, also what is happening in Oil.

Of course most blame speculators, but we have been saying back in July, spreads only tel you where they have been not where they will go - like most called for Oil to run out, but there is just no shortage of Oil!

So what happens now…