Good morning. Happy Wednesday. The Asian/Pacific markets closed mixed and with an upward bias. China dropped 1%; Indonesia and South Korea did well. Europe is currently trading mixed and with an upward bias. Belgium and the Czech Republic are down the most. Amsterdam, Italy and Greece are leading to the upside. Futures here in the […]
Specialists Win, Generalists Lose
Successful traders were born that way, right? From the start they had the talent and skills to navigate the market, and they simply aren’t prone to making the same dumb, repeated mistakes the rest of us do. This is the assumption, or perhaps this is the excuse offered by losing traders. But in reality, successful […]
Before the Open (Jul 16)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. India, New Zealand and South Korea led to the downside; Japan led to the upside. Europe is currently trading mixed. Austria, France, Amsterdam, Spain and the Czech Republic are down; Greece is up. Futures here in the States point towards a flat open for the cash […]
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 (Jul 15)
Good morning. Happy Monday. Hope you had a good weekend. The Asian/Pacific markets closed up across-the-board. China and New Zealand led the way. Europe is currently mostly up. Only Belgium (up 0.9%) has moved more than 0.5%. Futures here in the States point towards a positive open for the cash market.
Before the Open (Jul 12)
Good morning. Happy Friday. The Asian/Pacific markets closed mixed. China and Hong Kong were noticeable movers to the downside; Indonesia and Taiwan moved up. Europe is currently mostly down. Belgium is up while Germany, Stockholm, London, Spain and the Czech Republic are down. Futures here in the States point towards a flat open for the […]
Before the Open (Jul 11)
Good morning. Happy Thursday. The Asian/Pacific markets closed up across-the-board. China rallied 3.2%, Hong Kong, Indonesia, South Korea and Taiwan rallied more than 2% and Autralia, India and Singapore rallied better than 1%. Europe is currently mostly up. Belgium is up 2.4%; Austria, Germany, Norway and the Czech Republic are up more than 1%. Futures […]
Before the Open (Jul 10)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up. China rallied 2.2%, Hong Kong and Indonesia more than 1%. Europe is currently mostly down. Austria and Greece are down more than 2%, Spain and Italy more than 1%. Futures here in the States point towards a down open for the cash market.
Before the Open (Jul 9)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mostly up. Japan rallied 2.6%, Australia and Taiwan more than 1%, Singapore and South Korea also did well. Europe is currently mostly up. Belgium is up 2.4%, Germany, Amsterdam, Switzerland, London and Greece are also doing well. Futures here in the States point towards a moderate gap […]
Before the Open (Jul 8)
Good morning. Happy Monday. Hope you had a good weekend. The Asian/Pacific markets closed mostly down. Indonesia dropped 3.7%, China 2.4%, Hong Kong, New Zealand and Taiwan more than 1%. Europe is currently up across-the-board. Germany is up 2.3%, France 1.9%, Amsterdam, Spain, Italy and Stockholm also up more than 1%.