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 (Sep 16)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly up. Indonesia rallied 3.4%, Hong Kong, Singapore and Taiwan more than 1% and New Zealand and South Korea around 1%. Europe is currently doing great. France, Germany, Amsterdam and the Czech Republic are up more than 1%; Austria, Stockholm and […]
Before the Open (Sep 13)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly down. China and Taiwan posted the biggest losses. There were no big winners. Europe is currently mixed. Austria, Czech Republic and Greece are posting the biggest losses; there are no big winners. Futures here in the States point towards a flat open for the cash market.
Before the Open (Sep 12)
Good morning. Happy Thursday. The Asian/Pacific markets closed mostly up. China and Singapore did relatively well with moderate gains; India dropped. Europe is currently mixed. Austria is down; Amsterdam and Spain are up. Futures here in the States are flat.
Before the Open (Sep 11)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up; Australia and South Korea led the way. Europe currently is trading mixed and with a positive lean. Germany, Norway, Italy and Spain are doing the best; Greece is lagging. Futures here in the States point towards a down open for the cash market.
The LB Long List
Here’s a quick look at the Leavitt Brothers’ “Long List.” I Hope your trading is doing well.
Before the Open (Sep 10)
Good morning. Happy Tuesday. Happy Birthday Leavitt Brothers (one day late). Perhaps I’ll make a special offer later this week or over the weekend. The Asian/Pacific markets closed with across-the-board gains. India and Indonesia rallied almost 4%; China, Malaysia, Japan, Singapore and South Korea rallied 1% or more. Europe is currently up across-the-board. France, Germany, […]
Before the Open (Sep 9)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed up across the board. China rallied 3.4%, Indonesia 2.9%, Japan 2.5% and India, Malaysia, Singapore and South Korea more than 1%. Europe is currently mixed; most indexes haven’t moved much from their unchanged levels. Greece and the Czech Republic are up, […]
Before the Open (Sep 6)
Good morning. Happy Friday. Happy Employment Numbers Day. The Asian/Pacific market closed mixed and with an upward slant. China, India and Indonesia did well; Japan dropped 1.5%. Europe is currently mixed, and there are very few noticeable movers. Austria and the Czech Republic are down; Greece is up. Futures here in the States (prior to […]
VIDEO: State of the Indicators
In this video I run through a handful of indicators to see where they stand. A few have improved. Most tell us more downside is needed.