While you're watching football... this setup is developing

Author

Don Kaufman
November 27, 2025

Happy Thanksgiving.

Look, I get it.

Family. Football. Food coma incoming.

Last thing you want is some trader talking your ear off.

But something's happening right now that most people are gonna miss completely.

While everyone's arguing over the Lions game...

The VIX futures curve is telling a story nobody's paying attention to.

21-22 levels through February.

That's not normal "post-election calm."

That's the market pricing in some serious chop ahead.

Tuesday I told several hundred traders: "Retail's about to get systematically dismantled."

Harsh? Maybe.

But I lived through 2008. Managed 768 people at TD Ameritrade when the wheels came off.

Here's what happens:

Rally. Selloff. Rally. Selloff.

Each bounce pulls in more retail money. Until everyone's trapped.

And we're setting up for exactly that.

Every dip gets bought. NVIDIA at $140? Chat room went crazy. "That's my entry!"

But $140 isn't the bottom. It's just another stop on the way down.

While retail fights the tape, I'm positioned with in-out spreads. Profit from big moves either direction.

Been doing this all year. Up a good amount on one-lot trades.

Not heroics. Just math.

And today - while everyone's distracted - we're opening something I swore I'd never do again.

Our Black Friday deal.

Basically free access plus $799 to spend however you want.

First 500 people. Ends midnight tomorrow.

Most traders won't even see this email until Monday.

Enjoy the turkey.

But don't sleep on this setup.

To your success,

Don Kaufman