PART 2: No $7500 SPX Hat For Me

My ToP 5 Worries

»CLUB/EDGE client post Tuesday, November 26th.

Given my thoughts from PART 1: Don't Panic Until We Have A Reason To, hopefully you can see how hard it is for me to be/stay bullish if we get any macro trigger to interrupt the bullish flows (equities, options).

So that brings me back to why as soon as I see everyone ordering $7500 SPX hats for 2025, I quickly look at the other ride of that trade.

Let’s dig in…