Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mixed. India moved up 1.1% followed by China (up 0.6%) and Australia (up 0.4%). Taiwan dropped 0.7%, and Korea fell 0.5%. Europe is currently mostly up. Germany (up 1.5%), France (up 1.2%), Spain (up 1.1%), Amsterdam (up 1.1%), Switzerland (up 1%), […]
Before the Open (Aug 15)
Good morning. Happy Friday. Happy Options Expiration Day. The Asian/Pacific markets closed mostly up. China, Hong Kong and Singapore led with gains in the 0.6% – 0.9% range. Europe is currently up across-the-board. Russia is up 1%; Germany, France, Amsterdam, Stockholm and Spain are also doing well. Futures here in the States point towards a […]
Before the Open (Aug 14)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed. Japan, Australia and India moved up; China moved down. Europe is currently mostly up. Germany, France, Italy and London are leading the way, but gains are only moderate. Futures here in the States point towards an up open for the cash market.
Before the Open (Aug 13)
Good morning. Happy Wednesday. The Asian/Pacific markets closed with a bullish bias. Korea rallied 1%, followed by Hong Kong (up 0.8%) and Indonesia and Taiwan (up 0.7% each). Europe is currently posting solid, across-the-board gains. Germany, Prague, Russia and Greece are up more than 1%; France, Austria, Belgium, Italy and Norway are also doing well. […]
Before the Open (Aug 12)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mostly up. Australia and India posted solid gains; the other markets were little changed. Europe is currently mostly down. Greece is up 2.9%, but Germany, France, Amsterdam, Italy, Spain, Norway and Prague are down moderately. Futures here in the States point towards a flat-to-up open for the […]
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. […]
Before the Open (Aug 11)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly up. Japan rallied 2.4%; Indonesia, Taiwan, Hong Kong and China moved up more than 1%. Europe is currently posting solid, across-the-board gains. Germany, Austria, Amsterdam, Norway, Sweden, Prague, Russia and Greece are all up more than 1%. Futures here in […]
Before the Open (Aug 8)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly down. Japan dropped 3%; Australia, India and Korea dropped more than 1%. Europe is currently mostly down. Greece is down 2.2%; Amsterdam and Switzerland are also down noticeably. Russia is up almost 2%; Italy is also doing very well. S&P futures here in the States were […]
Before the Open (Aug 7)
Good morning. Happy Thursday. The Asian/Pacific markets closed leaning to the downside. China dropped 1.3% and Hong Kong 0.8%. Japan rallied 0.5%. Europe is currently mixed. Russia is down 1.4%, followed by Norway at 1%. Italy is up 0.6%, followed by Switzerland at 0.5%. Futures here in the States point towards a relatively big gap […]
Before the Open (Aug 6)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly down. Japan, India and Indonesia dropped about 1%. Europe is currently suffering relatively big, across-the-board losses. Greece is down 3.3%; Italy is down 2.5%; France, Germany, London, Spain, Austria, Amsterdam, Norway, Sweden, Switzerland and Russia are down more than 1%. Futures here in the States point […]