Are Tesla and Amazon options in control of US stock market?
Saxo Market Call
Summary: Today we look at the post-FOMC meeting melt-up extending aggressively and the degree to which options may be in control of this market as volumes have exploded in recent years and Tesla and Amazon options are a staggering percentage of that development, to such a degree that the options tail may be wagging the market dog. We also look into why oil prices have dipped again after the OPEC+ meeting yesterday, talk copper, the Bank of England's terrible communication fail, EURUSD drivers, earnings results, today's US October payrolls and earnings numbers and more. Today's pod Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
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