How Option Pit's Sebastian Is Playing PayPal

Mark Sebastian from Option Pit discusses the mixed market conditions ahead of the Labor Day weekend, noting the light trading volumes and recent market highs. He highlights the strong performance of the Nasdaq, S&P 500, and Dow in August, while also pointing out the rally in haven assets like bonds and yen. Concerns about volatility and trade issues, particularly involving the US, Canada, China, and Europe, are discussed. The video concludes with insights on PayPal and Venmo's increasing usage.

What factors contributed to the mixed markets mentioned in the text?

How did the performance of the Nasdaq in August compare to previous years?

What concerns were raised regarding the VIX and its correlation with the S&P 500?

What implications could the trade discussions have on market stability according to the text?

What is the significance of the upcoming NAFTA deal as mentioned in the discussion?