Game Plan Meeting Summary Key Topics

Market Conditions: Choppy Action in a Pausing Bull Market

The market continues exhibiting violent back-and-forth price action with alternating large up and down days, yet the critical observation remains what the market is not doing: collapsing. Despite numerous potential catalysts including…

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Options Coaching Call Summary Key Topics Credit Spreads in Bullish Markets: AMD Analysis

Markets closed higher with the NASDAQ up approximately 1% following positive AMD news—a $60 billion five-year AI chip deal. Despite the 8% rally, AMD exhibited classic “dead cat bounce” characteristics: the stock bounced from major support at $200 but failed…

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Game Plan Meeting Summary Key Topics

AI Disruption of Legacy Software

The artificial intelligence disruption accelerated dramatically with Anthropic’s release of a Cobol rewriting tool, triggering a massive sell-off in IBM (down $34, nearly 20% in a single session). The speed of the disruption is catching markets off guard — not the fact that new…

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Attend the coaching call – https://www.youtube.com/watch?v=lvOqPOz__qk

Key Topics

Market Structure: Stuck in No Man’s Land

The S&P 500 and SPY are sitting near the midpoint of a multi-month trading range dating back to October–November of last year. Closing in the middle of a wide trading range is a technical neutral — it means neither bulls nor bears have a clear edge at the macro level right now. The Power…

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GAME PLAN MEETING SUMMARY

Key Topics
S&P 500 Critical Support Test at 6,765

The market is testing a critical support level at 6,765 for the fourth time, with Friday marking nearly a fifth test. Pete emphasized his floor methodology: “The more it knocks, the more likelihood it’s going to end up going through.” The circumstances have changed…

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Game Plan Meeting Summary – Wednesday Key Topics

FOMC Minutes and Intraday Volatility

The Federal Reserve releases FOMC minutes at 2pm today, creating a critical inflection point for day traders. This data dump will provide clarity on the Fed’s likely direction for the next meeting, making it essential for active traders to manage positions…

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Game Plan Meeting Summary Key Topics

Market Volatility Context and VIX Analysis

The VIX has been hovering around 20 for several weeks, marking an important threshold for swing trading conviction. Above 20 typically signals reduced follow-through on the bullish side as fear enters the market. Beyond the absolute level, the VIX is trending…

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Game Plan Meeting Summary Key Topics Market Indecision and PCE Data Reaction

The S&P 500 spent four consecutive days in narrow-range consolidation with decreasing volume, creating what’s known as “melted candles” — sessions where the open and close occur near the same price level. This pattern followed a heavy-volume down day and suggested the…

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