Options expire this Friday, so let’s take a look at the open-interest on SPY, DIA, QQQ and IWM to see if they hint at movement the rest of the week. Here’s the theory: the market conspires to cause the most pain, to cause the most number of people to lose the most amount of money. […]
Category: Charts/Essays/Reports
Recent Trade Set Ups
I hope you got off some nice trades the last two weeks. We did. Here are many of the set ups posted for our members. Some have hit their targets; others are still live.
I Disagree with The Kirk Report
Charles Kirk of the Kirk Report is a very good full time trader who is well respected among his peers. Over the weekend he sent out an email telling a golf story from his high school days with the lesson of overcoming your obstacles. It’s a nice story which is appropriate if his audience was […]
Using Put/Call Open-Interest to Predict the Rest of the Week
Options expire this Friday, so let’s take a look at the open-interest on SPY, DIA, QQQ and IWM to see if they hint at movement the rest of the week. Here’s the theory: the market conspires to cause the most pain, to cause the most number of people to lose the most amount of money. […]
Is the Junk Bond Market Trying to Tell Us Something?
Here’s the high yield junk bond ETF, JNK charted vs. the S&P 500 over the last 10 months. The correlation is obvious.
Using Put/Call Open-Interest to Predict the Rest of the Week
Options expire this Friday, so let’s take a look at the open-interest on SPY, DIA, QQQQ and IWM to see if they hint at movement the rest of the week. Here’s the theory: the market conspires to cause the most pain, to cause the most number of people to lose the most amount of money. […]
Why Barry Ritholtz Fired His Fund Manager
Barry Ritholtz, fund manager and author of theThe Big Picture blog posted last week that he fired one of his mutual fund managers. Without getting into details, he offered this as his criteria for firing a money manager. I think they apply to us individual traders too. We won’t fire ourselves (well I guess we […]
Using Put/Call Open-Interest to Predict the Rest of the Week
Options expire this Friday, so let’s take a look at the open-interest on SPY, DIA, QQQ and IWM to see if they hint at movement the rest of the week. Here’s the theory: the market conspires to cause the most pain, to cause the most number of people to lose the most amount of money. […]
Trading Psychology: The 16 Truths about Great Trading
Dr. Doug at drdoug.com posted the following on his blog. He makes some good points – some I agree with, some I don’t. My comments are in blue.
Using Put/Call Open-Interest to Predict the Rest of the Week
Options expire this Friday, so let’s take a look at the open-interest on SPY, DIA, QQQQ and IWM to see if they hint at movement the rest of the week. Here’s the theory: the market conspires to cause the most pain, to cause the most number of people to lose the most amount of money. […]