Premium Popper Snagged Despite “Looked Like A Crappy Day” Assessment Two Ways
Ahoy there, Trader! ⚓️
It’s Phil…
Monday during our Fast Forward Mentorship call was looking like a slow grind to start the week – and I suppose it still was – but what changes the perspective on things is snagging a quick Premium Popper options scalper.
We also thought it wouldn’t unfold the way we wanted. Especially as we continue the last several weeks of live trainings on how to finesse and fine tune a good trade from a less than good trade and assess market conditions for what could be a crappy day to avoid.
Anyway, we didn’t want to get involved until AFTER certain additional factors were met. They were met just prior to the cut off time and off to the sideways races we went.
Full debriefing here – [LINK]
Your software should do the thinking. Keep scrolling for how that works…
SPX Market Briefing:
On to today’s analysis. Same as yesterday looking at the big picture – we are still near the upper end of the larger ranges and attempted to tip over ever so slightly… slightly!
Current Multi-Market Status:
- SPX: Bull TnT active – Bullish Above 6847.97, PFZ 6827.19, Target 6883.89
- RUT: New pinch point – small and tight in height – 2520-ish for bear break
- VIX: 16.79 – still lounging about
- GC: 4,231 – grinding as usual
- CL: 58.75 – back inside channel after Monday’s escape attempt
Two Ways To Assess SPX
Now then – at the moment there are two ways to assess things:
Option 1: 100% Mechanical
The software “does it for you.” Currently Tag n Turn with a new bullish setup. The mechanical assessment will get you back bullish if you weren’t already yesterday.
The PFZ level is just below 6830. If there’s going to be a solid bear movement, the mechanical process will flip to bearish below that level. No thinking or “extra stuff” needed.
Option 2: Manual Range Reading
As I was reminding the Fast Forward group yesterday – I’ve removed the range trading elements of the software whilst I fine tune and debug so that it works as intended.
As such, manually looking at the pinch point from last week will identify the range. That range can still be used to find trading opportunities using the “break in” setup (similar to the range reversal setup).
The break in is what I took and discussed during our Fast Forward call.
The Fun Part: Once again, this currently manual process will be done for you on a future version (without the bugs we had previously) – ideally in the new year.
RUT – Easier To Read
RUT is a little easier to read. We have a new pinch point – it’s quite small and tight in height – so waiting for a break in either direction is what’s what.
2520-ish for the bear move.
Premium Poppers At The Open
Premium Poppers at the open again will be assessed and I’m finding I’m leaning towards getting my scalp in and being done for the day.
Many students are still seeing great results with the Lazy Popper and I suppose it’s just not lazy enough for me! LOL
Calendar Today
- ADP Employment (Tentative)
- JOLTS Job Openings 10:00am
Nothing that should shake the foundations, but employment data always gets attention.
In Other News…
89% Certain About Tomorrow, Zero Clue About 2026
Fed cut priced. IBM bets $11B on Confluent. S&P adds Carvana to “500 best” list. Markets call this “clarity.”
Markets paused before Wednesday’s Fed meeting with 89% rate cut priced but everyone admitting Powell’s 2026 guidance “holds the key”—proving certainty about tomorrow means nothing when nobody knows next year. IBM bet $11B acquiring Confluent (stock surged 29%) because apparently overpaying for data streaming counts as AI strategy. S&P 500 added Carvana to index of “America’s best companies” whilst 10-year yield hit 4.17% (highest since October) suggesting markets simultaneously confident Fed cuts and terrified about future.
When $11B Acquisition = “Strategic”
IBM down 1% after announcing $11B Confluent deal—markets questioning whether buying data infrastructure company at premium proves AI strategy or desperate attempts to appear relevant. Stock surged 29% on deal news because getting acquired above current price apparently validates business model. Oracle reports Wednesday with AI cloud backlog scrutinized after 34% pullback proving hype eventually meets accounting.
S&P 500 Adds Carvana: Quality Redefined
S&P included Carvana in index of America’s 500 best companies—used car dealer known for volatility, debt loads, and near-bankruptcy experiences now officially “elite.” Structure Therapeutics doubled on obesity data proving pharmaceutical lottery still operational. Victoria’s Secret jumped 13% on raised guidance because apparently lingerie guidance matters whilst Treasury yields scream warnings.
Yields Rise Despite Cut Certainty
10-year yield at 4.17%, 30-year at 4.8% (highest three months) whilst Fed cut 89% priced creates paradox: markets certain about Wednesday, terrified about 2026. Curve steepening signals growth concerns despite rate cut certainty. Natural gas plunged 7% on weather forecasts—biggest commodity move proving energy bets remain coin flips.
☕ Hazel’s Take
89% cut priced, IBM bets $11B, S&P adds Carvana, yields hit October highs. When certainty about tomorrow combined with zero visibility on 2026 = “clarity,” probably acknowledging Powell’s guidance determines whether celebration or capitulation.
—Hazel, FinNuts
Rumour Has It…
Breaking from the Financial Nuts newsroom: Percy was discovered teaching his desk pigeons “Mechanical Versus Manual Formation Flying” whilst claiming they had mastered “100% Systematic Cooing With Optional Discretionary Wing Adjustments.”
Hazel updated her crisis management protocols to include “Software Debugging During Live Market Procedures” alongside emergency plans for “Range Trading Element Removal Whilst Fine Tuning Integration Processes.”
Mac raised his Tuesday morning whisky and declared, “When the software does the thinking and the PFZ level defines the flip, the proper response is obviously letting the machine do the heavy lifting!”
Kash attempted livestreaming about “Mechanical trading being basically like smart contracts on DeFi but with actual profit targets instead of imaginary yield percentages that definitely won’t rug” but got distracted trying to explain pinch points to his chat.
Wallie grumbled that in his day, trading meant “actually looking at charts yourself, not having some fancy software tell you when your bias should flip!”
This is entirely made-up satire. Probably!
Breaking scoops courtesy of the Financial Nuts Newswire-because who needs sanity?
Fun Fact:
Happy trading,
Phil
Less Brain, More Gain
…and may your trades be smoother than a cashmere codpiece
p.s. There are 3 ways I can help you…
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