Confirm and Send
Update: 2025-08-26
Description
E-mini S&Ps dropped $4.50, continuing weakness from yesterday's session when markets sold off about 20 handles near the close. The overnight trading range matched the expected full-day range of $33, signaling potential volatility ahead.
Volatility edged up 13 cents to 17.15 after reaching 17.45 overnight. Bitcoin weakened to $110,600, down about $1,000 from recent highs, while Ethereum showed relative strength. Oil retreated $1 after several days of gains, and gold climbed $5.
During the Confirm and Send segment, viewers asked about technical indicators, zero-day SPX trading parameters, market reaction to Powell's rate cut comments, and concentration risk in the Magnificent 7 stocks.
Volatility edged up 13 cents to 17.15 after reaching 17.45 overnight. Bitcoin weakened to $110,600, down about $1,000 from recent highs, while Ethereum showed relative strength. Oil retreated $1 after several days of gains, and gold climbed $5.
During the Confirm and Send segment, viewers asked about technical indicators, zero-day SPX trading parameters, market reaction to Powell's rate cut comments, and concentration risk in the Magnificent 7 stocks.
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