Options Trading Concepts Live - May 15, 2024 - Copper Squeeze
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Description
On Westwater Wednesday, Mike and Thomas discussed the potential for a copper squeeze and market trends. They noted significant bullish movements in E-minis, NASDAQ, and Bitcoin while highlighting declines in meme stocks like AMC and GME. The team also reviewed trading strategies, including box spreads and diagonal spreads. They mentioned upcoming earnings for companies like TTWO and the impact of economic indicators like the CPI and PPI on market sentiment, noting the ongoing Volatility and possible rate cuts.