Ian Cooper’s Market Recap September 29, 2025

Market Trends and Trade Strategies:
A Comprehensive Overview”? 

Ian Cooper’s Market Recap September 29, 2025

Markets are currently experiencing aggressive gains following a recent down week, with futures for the DOW, S&P 500, and NASDAQ all rising. Key upcoming events include jobs data release on Friday and the potential government shutdown by Tuesday, both of which could significantly impact market expectations and movements. The market is noted as being excessively overbought, with the Shiller PE Ratio nearing historic highs.

Market performance and outlook: Stocks are advancing strongly with major indices showing significant gains, despite a prior down week. Investors are closely watching upcoming jobs data and the possibility of a government shutdown, which may already be factored into current prices. The Shiller PE Ratio is at 39.84, its second-highest level historically, indicating an overbought market environment.

Recent trade actions: Positions in Apple options were actively managed with profitable exits on October 3rd and new positions opened for October 10th and 17th. A put option on DIA was closed at a loss due to market movements against the hedge.

Tech sector trades and strategy: No new tech trades were initiated last week, but several are planned for the current week with caution due to the market’s overbought status. Positions in Amazon and NVIDIA call options were taken, capitalizing on signs of support and potential rebounds, while a put option on Apple resulted in a loss as the anticipated pullback did not occur.

Focus on Amazon and market conditions: Amazon showed strong support above its 200-day moving average after a pullback and is considered oversold by technical indicators. The team is monitoring Amazon for potential call option opportunities and continues to watch the impact of the government shutdown and jobs data on market dynamics.