Kevin Davitt Says This Is Not a Crash Call, Then Shows the Chart

Kevin Davitt from Nasdaq joins Jermal Chandler and Mike Butler the morning after the Fed with a chart he admits he does not love putting up. He sets the S&P from mid 1997 through mid 2000 beside the Nasdaq 100 from its 2023 low to its recent peak, and the shapes are close. He is careful about what that does and does not imply, and the caveat is worth hearing in full. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Fed week, and a Cubs detour 00:49 Why this morning surprised them 01:05 Triple witching into tomorrow 02:24 How they think about butterflies 03:03 Building trades around events 04:37 The software and semis tug of war 05:26 Four years since ChatGPT launched 06:38 Will the relationship hold 08:02 Why the index pushes and pulls 08:35 Hedging the hedge 09:02 The late nineties comparison 10:44 Concentration in twenty names 11:35 Levels into the close #tastylive #nasdaq #ndx #butterflyspread #triplewitching #softwarestocks #semiconductors #optionstrading #hedging #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.