The September Pullback One Vol Trader Sees Coming
Kai Volatility founder Cem Karsan predicts a market pullback of a few percent into September options expiration, followed by a reversal higher. He argues that the Treasury Secretary is attempting to manage markets ahead of the midterms, but the market's size limits the effectiveness of jawboning without the Federal Reserve's intervention.
Karsan's outlook suggests that investors should anticipate short-term market weakness before a potential rebound, influenced by political motivations and the limitations of current policy tools.
The conversation also covers the relentless climb in crude oil, the resilience of gold, silver, and Bitcoin despite rising yields, and doubts about the Federal Reserve hiking rates next week.
CEM KARSAN MARKET VOLATILITY SEPTEMBER OPTIONS EXPIRATION TREASURY POLICY FEDERAL RESERVE