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LSD, Iron Condors and the Recession: tastylive's Weekly Roundup

By:Eric Villa

Our best stories on YouTube this week.

  • Indications of slowing global economic growth are coming from China; tastylive’s head of macro sees red.
  • Monitoring and visualizing your positions can be as simple as setting up a spreadsheet in 15 minutes.
  • Tom Sosnoff and Dylan Ratigan explore the consequences of Russia’s continued war in Ukraine… they also explore LSD’s impact on innovation (through conversation).
  • Small trading accounts could collect some premium on an iron condor in this stock. 

This week on tastylive’s YouTube channels, we received more comments on Tom Sosnoff’s lack of a beret than anything related to trading. That does not, however, mean there is nothing to report. From economic slowdowns to a potential trade idea, here are some of the most important videos from tastylive’s YouTube. 

A recession feels uncomfortably likely

In this enlightening video, our esteemed head of global macro, Ilya Spivak, sheds light on the unsettling possibility of a recession. Combine the hawkish sentiment at major central banks with the sluggish economic growth of the world's factory, and we’re left with a recipe for bearishness.

Spivak's analysis of the Chinese economy reveals some crucial takeaways that every trader should consider. 

  • The Chinese economy is experiencing a slowdown, which in turn raises concerns about a global recession. 
  • Central banks are grappling with the challenge of lowering inflation and implementing tighter policies. 
  • The manufacturing sector in China has suffered three consecutive months of contraction. 
  • While the reopening of the Chinese economy initially boosted the service sector, growth in this area has now declined. 
  • The decrease in demand for Chinese goods from major consumers is contributing to the overall slowdown.

Your simple intro to financial engineering 

Peek inside the brilliant mind of Michael Rechenthin, also known as Dr. Data, who serves as tastylive's head of research and development. In this captivating video, he offers a crash course on financial engineering, equipping traders with the fundamental frameworks to monitor risks and identify potential next trades.

The key takeaways from Michael's insightful lesson include the fact that financial engineering involves analyzing financial data to comprehend risks and rewards.

  • Financial engineering can be as simple as constructing spreadsheets to draw conclusions that aid in better decision-making. 
  • With just a few clicks and characters, one can easily build a spreadsheet that pulls in the most recent prices for analysis. This versatile tool allows for the calculation of statistics and visualization of data, empowering traders in their financial engineering endeavors. 
  • By analyzing daily percentage changes and calculating statistics such as average and standard deviation, data sets can be standardized and compared effectively.

Tom Sosnoff and Dylan Ratigan: How Russia's Wagner problem will affect markets (and the pros and cons of psychedelics)

Join the dynamic duo of Tom Sosnoff and Dylan Ratigan as they delve into the intricate web of geopolitical and economic ramifications stemming from Russia's ongoing war in Ukraine. In this thought-provoking video, they shed light on the potential leverage Russia could gain through alliances with China, India, and Brazil, despite its limited influence beyond its size, nuclear power, and commodity reserves. The situation in Russia remains in flux, and its implications may reverberate far and wide.

Later in the episode, Tom and Dylan lighten the tone by diving into impacts of LSD on innovation and corporate leadership (hard right turn). 

Tony Battista's Microsoft earnings trade

Mark your calendars for July 25, as Microsoft gears up to release its next earnings report. However, before the earnings announcement, there exists an opportunity for small accounts to collect premium in an iron condor trade in Microsoft. 

The full video offers traders can gain valuable insights into Tony's approach and potentially capitalize on this earnings trade, as well as learn about finding trades using the tastytrade platform. 

Eric Villa is the YouTube programming specialist at tastylive.

For live daily programming, market news and commentary, visit tastylive or the YouTube channels tastylive (for options traders), and tastyliveTrending for stocks, futures, forex & macro.

Trade with a better broker, open a tastytrade account today. tastylive, Inc. and tastytrade, Inc. are separate but affiliated companies.

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Options involve risk and are not suitable for all investors. Please read Characteristics and Risks of Standardized Options before deciding to invest in options.

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