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Market Measures - June 20, 2024 - How Correlations Change With IV

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Manage episode 424597534 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Tom Sosnoff and Tony Battista discussed market indices' performance and skepticism about AI stock valuations, highlighting notable pullbacks in key stocks like AMD, Taiwan Semiconductor, Netflix, Microsoft, and Tesla. They examined how correlations between the SPY and sector ETFs change with varying implied volatility (IV) levels, noting stronger correlations in high IV environments and weaker ones in low IV environments. They emphasized the importance of staying cautious in low correlation periods.
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888 episodes

Artwork
iconShare
 
Manage episode 424597534 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Tom Sosnoff and Tony Battista discussed market indices' performance and skepticism about AI stock valuations, highlighting notable pullbacks in key stocks like AMD, Taiwan Semiconductor, Netflix, Microsoft, and Tesla. They examined how correlations between the SPY and sector ETFs change with varying implied volatility (IV) levels, noting stronger correlations in high IV environments and weaker ones in low IV environments. They emphasized the importance of staying cautious in low correlation periods.
  continue reading

888 episodes

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