CPI/PPI/July OPEX Vol Trades

Are you sick of July yet?

I made the joke in my morning note yesterday that sell in May is so dead with the frontrunning of seasonality, that the reality is more like the pundit tripe/blather should be ‘buy in April’. NVDA has encapsulated that reality the last three years, and it certainly helps SPX/QQQ that the largest market cap company in history reports in May:

So, folks hav…