Good morning. Happy Thursday. The Asian/Pacific markets closed mostly down. India rallied 2.3% while Indonesia, Malaysia and South Korea dropped 1% or more. Europe is currently mostly up. Austria, France, Germany, Amsterdam, Switzerland, London, Italy and Spain are doing very well. Futures here in the States point towards an up open for the cash market.
Before the Open (Aug 21)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mixed. India and South Korea dropped more than 1%; Indonesia and New Zealand rallied about 1%. Europe is currently mostly down. Belgium is down 1%; Stockholm, Spain, Italy and London are also down noticeably. Futures here in the States point towards a down open for the cash […]
Before the Open (Aug 20)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mostly down. Indonesia dropped 3.2%, Japan and Hong Kong more than 2%, Malaysia, Singapore and South Korea more than 1%. Europe is currently down across the board. Spain and Greece are down more than 2%; Austria, Belgium, France, Amsterdam and the Czech Republic are down more than […]
Before the Open (Aug 19)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly down. Indonesia dropped a whopping 5.6%. India and Singapore also lost ground; China and Japan moved up. Europe is currently mostly down. Greece is down 3.5%: Italy and Spain are down more than 1%; Austria, Belgium and France are down […]
Before the Open (Aug 16)
Good morning. Happy Friday. Happy Options Expiration Day. The Asian/Pacific markets closed mostly down. India dropped 4%, Indonesia 2.5% and Australia, China, Japan and Singapore also fell noticeably. Europe is currently mixed. Austria, Italy, Spain and the Czech Republic are doing well; Greece and Switzerland are lagging. Futures here in the States point towards a […]
Before the Open (Aug 15)
Good morning. Happy Thursday. The Asian/Pacific markets closed mostly down. Japan dropped 2.1% followed by China, Singapore and Taiwan. Europe is currently down across-the-board. London, Switzerland, Stockholm, Amsterdam and Germany are suffering the biggest losses. Futures here in the States point towards a large gap down open for the cash market.
Before the Open (Aug 14)
Good morning. Happy Wednesday. The Asian/Pacific market closed mixed, but winners moved up more than losers moved down. India, Indonesia and Japan did the best. Europe is currently mixed, but other than Greece (up 1.9%), there are no big movers. Futures here in the States point towards a slight down open for the cash market.
Is Carl Icahn A Modern Day Pump and Dump Artist
Carl Icahn announced today on Twitter than he had taken a large position in AAPL and that he had just gotten off the phone with AAPL CEO Tim Cook. On the news, AAPL shot up (see intraday chart below).
Before the Open (Aug 13)
Good morning. Happy Tuesday. The Asian/Pacific markets closed up across-the-board. Australia, Hong Kong, India, Indonesia, Japan, South Korea and Taiwan all did well. Europe is currently mostly up. Germany, Austria, Amsterdam, Stockholm and the Czech Republic are leading the way. Greece is down 1%. Futures here in the States point towards a gap up open […]
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. […]