Just dropped 3 trades on Schwab Network (symbols inside)

XRT, MERCK, CAT - One I'm stepping in front of a freight train, another driven by dealer gamma...

Author

Don Kaufman
January 07, 2026

Just got off the Schwab Network Big 3 segment.

Gave them three trades - two bullish, one bearish. All based on these absolutely manic rotations we're seeing right now.

The symbols:
• XRT
• MERCK
• CAT

Here's what I told them: The market's going 180 mph but can't see five feet in front of itself. These rotations in and out of different sectors are wild. And some of these moves are happening for all the wrong reasons.

One of these I'm literally stepping in the way of a freight train - admitted it on live TV. 

Another is pure retail order flow that could force the underlying higher through dealer gamma.

The third? Breakout setup at all-time highs.

These are short-term plays based on what's happening right now.

To your success,

Don Kaufman

The Market Has a 7-Second Memory Now

0DTE options went from 5% to 60% of SPX volume since 2016. That's $1 trillion in daily notional flow — and most traders have no idea what they're doing.

Markets that used to follow predictable patterns now explode without warning. 60-handle moves from nowhere. Technical analysis getting shredded by what looks like random action.

It's not random. It's gamma flips, dealer hedging, and compressed timeframes creating a completely different trading environment.

DON-DTE — Don Kaufman's 0DTE training. Thursday, January 8th at 1:00pm ET.

A simplified framework for same-day expirations. No theory. No hype. Just process.