How AlphaShark's Andrew Keene Is Trading Citigroup

Andrew Keen from Alpha Shark Trading discusses the current market volatility, emphasizing the role of algorithmic trading in recent market movements. He highlights the unusual behavior of the VIX and the challenges in holding a bid. Keen also analyzes the financial sector, noting the pressure on banks like Deutsche Bank and City, and shares his bullish stance on certain trades despite the sector's bear market status. He concludes with a discussion on the potential impact of an upcoming rate hike on the financial sector.

What is a key factor controlling market movements according to Andrew Keen?

• Algorithmic trading

• Human traders

• Government policies

• Economic reports

Which sector is currently under pressure and considered to be in a bear market?

• Energy

• Financial

• Healthcare

• Technology

What is Andrew Keen's stance on financial stocks despite their recent performance?

• Neutral

• Bearish

• Bullish

• Indifferent

What specific trading strategy does Andrew Keen mention for financial stocks?

• Buying put options

• Short selling

• Buying call options

• Holding cash

What is the expected impact of a potential rate hike on the banking sector?

• Uncertain impact

• Positive impact

• No impact

• Negative impact