Gamma

"The most bullish call with size is going to be for us long the NASDAQ... Oracle is in the gutter... Microsoft being down the way it is... Amazon not moving." The Nasdaq index has held up near highs despite its largest components (Mega Caps) lagging or being in bearish trends. If these giants (Oracle, Microsoft, Amazon) simply stop falling or mean-revert upwards, the index will be forced significantly higher. The "death of the dollar" trade is overblown; global capital has no viable alternative to US markets. Long US Tech Laggards and the Index (QQQ) as a catch-up trade. Continued contraction in credit risk or a failure of software/services companies to bottom out.

"The most bullish call with size is going to be for us long the NASDAQ... Oracle is in the gutter... Microsoft being down the way it is... Amazon not moving." The Nasdaq index has held up near highs despite its largest components (Mega Caps) lagging or being in bearish trends. If these giants (Oracle, Microsoft, Amazon) simply stop falling or mean-revert upwards, the index will be forced significantly higher. The "death of the dollar" trade is overblown; global capital has no viable alternative to US markets. Long US Tech Laggards and the Index (QQQ) as a catch-up trade. Continued contraction in credit risk or a failure of software/services companies to bottom out.

"The most bullish call with size is going to be for us long the NASDAQ... Oracle is in the gutter... Microsoft being down the way it is... Amazon not moving." The Nasdaq index has held up near highs despite its largest components (Mega Caps) lagging or being in bearish trends. If these giants (Oracle, Microsoft, Amazon) simply stop falling or mean-revert upwards, the index will be forced significantly higher. The "death of the dollar" trade is overblown; global capital has no viable alternative to US markets. Long US Tech Laggards and the Index (QQQ) as a catch-up trade. Continued contraction in credit risk or a failure of software/services companies to bottom out.

"The most bullish call with size is going to be for us long the NASDAQ... Oracle is in the gutter... Microsoft being down the way it is... Amazon not moving." The Nasdaq index has held up near highs despite its largest components (Mega Caps) lagging or being in bearish trends. If these giants (Oracle, Microsoft, Amazon) simply stop falling or mean-revert upwards, the index will be forced significantly higher. The "death of the dollar" trade is overblown; global capital has no viable alternative to US markets. Long US Tech Laggards and the Index (QQQ) as a catch-up trade. Continued contraction in credit risk or a failure of software/services companies to bottom out.