# @tastyliveshow on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=jZXkpDx3TuE
- **Gondola URL:** https://gondola.cc/posts/67717979-tastyliveshow-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/e2d60c20e0.jpg
- **Posted:** 2026-07-13T00:00:27.000+00:00
- **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow

## Caption

Options trading research: is this a market top? Five macro indicators say not yet. Market breadth is at 62%, healthy but not extreme. Mag 7 concentration matches 2003 levels but the background is different thanks to passive investing. Credit spreads are the tightest since 2007, meaning bond traders are comfortable. The yield curve is in normal territory with no inversion. And the VIX is fluctuating between 15 and 20 with a steep contango, not the quiet sub-14 you see before a real top. Last week's five fragile signals from valuation, leverage, and dispersion were more concerning. This week, the other side of the argument says the top is not confirmed.

📊 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 Part two: five indicators not confirming a market top
00:50 Last week's five fragile signals were more concerning
01:10 Breadth: 62% of stocks above 200-day moving average
02:42 Healthy range, not extreme, pulled back in June
03:56 Concentration: Mag 7 at 2003 levels but different reasons
05:03 Passive investing drives concentration more than hype alone
06:17 Mag 7 up only 0.6% this year vs S&P up 10%
08:19 Credit spreads: tightest since 2007, bond traders comfortable
09:44 Liz: bond traders are calmer, not necessarily smarter
10:28 Yield curve: normal, no inversion, no rapid steepening
12:02 IV term structure: VIX 15-20 and steep contango
12:37 None of these five confirm a top
13:25 The more signals that flag, the more hedges you add
14:13 Use SPX or NDX butterflies as efficient downside hedges

#tastylive #research #markettop #marketbreadth #creditspread #yieldcurve #vix #magseven #concentration #tastytrade
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.

## Stats

- **Views:** 1,689
- **Likes:** 49
- **Shares:** 0
- **Comments:** 8

## Tags

tastylive, yieldcurve, vix, creditspread, research, concentration, magseven, tastytrade, markettop, marketbreadth

---
Copyright (c) Gondola