Tom Sosnoff’s Positions
Long /ZB and /ZN: Sosnoff is speculating on falling Treasury yields by being long on 30-year bond and 10-year note futures respectively. Reminder: price is inverse to yields.
Long /6J: He has a long position in Japanese yen futures. He is betting on the yen appreciating against the dollar.
Long /RTY and Short /ES: Sosnoff’s strategy involves a pair trade favoring small-cap stocks (Russell 2000) over large-caps (S&P 500), hinging on stronger performance from smaller companies. For less exposure, he could opt for micro futures (/M2K vs /MES) or exchange-traded funds (ETFs), such as IWM vs. SPY.
Short SPY and QQQ: He is anticipating a potential decline in the U.S. stock market and Nasdaq 100 index.
Long Boeing (BA), Tesla (TSLA) and Apple (AAPL): Tom's bullish bets on these three companies.
Short Microsoft (MSFT) and Nvidia NVDA: Shorting Microsoft and NVIDIA.
If you didn't catch it last week!
The 50th, 75th and 95th percentiles represent median, above average, and extreme daily price fluctuations, respectively, in futures trading. These figures help traders gauge typical, higher-than-usual and rare volatility levels, aiding in strategy formulation and risk assessment for potential intraday scalping opportunities.
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Michael Rechenthin, Ph.D., (aka “Dr. Data”), managing director of research and development, has 25 years of trading and markets experience. He is best known for his weekly Cherry Picks newsletter. On Thursdays, he appears onTrades from the Research Team LIVE.
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