July 19, 2021

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Negative Gamma

Please click here for a chart of  Nasdaq 100 ETF (QQQ).

Note the following:

• The chart shows the last Arora call to raise cash.
• Smart money was selling stock futures yesterday evening.
• The selling has accelerated this morning.
• On the surface, the cause for the selloff is more concerns about the delta variant of the virus.
• The reality is more than the headline about the virus.
  • The chart shows that RSI had a divergence. In plain English, this means that when stock prices were going up, RSI was going down.