It is believed copper is the metal that has a Ph.D in economics because it’s a raw material in many products, so the price of copper, dictated by the supply and demand, is a good indication of where the economy is and is heading. The higher the copper price, the stronger the economy; the weaker […]
Before the Open (May 7)
Good morning. Happy Tuesday. The Asian/Pacific markets are mostly up. Japan is up 3.6%; India, Indonesia and Malaysia are up more than 1%. Europe is currently mostly up. Austria is up 2.3%; Belgium, France, Germany and Greece are also doing well. Futures here in the States point towards a positive open for the cash market.
Before the Open (May 6)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly up. Malaysia rallied 3.4%; China, Hong Kong, Indonesia and New Zealand rallied more than 1%. Europe is currently mixed. Austria, Belgium, London and Greece are posting solid gains. Futures here in the States are flat.
Before the Open (May 3)
Good morning. Happy Friday. Happy Employment Numbers Day. The Asian/Pacific markets closed mixed. China rallied 1.4%; Indonesia, Malaysia and Singapore dropped 1% or more, and India and Japan also posted noticeable losses. Europe is currently mostly up. Amsterdam is down 1%; Austria, Belgium and Greece are posting decent gains. About 20 minutes before the employment […]
Before the Open (May 2)
Good morning. Happy Thursday. The Asian/Pacific markets closed mostly down. India and Singapore rallied more than 1%; Indonesia dropped 1.3%, and Australia, Japan and New Zealand also posted moderate losses. Europe is currently mostly down. Austria, Amsterdam, Norway and Stockholm are posting the biggest losses. Futures here in the States suggest a moderate gap up […]
Webinar: Simplifying Complex Option Strategies
I was a speaker for a Traders Exclusive webinar where I discussed how complex option strategies such as condors and butterflies are actually just a combination of simpler strategies such as call spreads and put spreads. Here’s a link the the April 24th webinar. I’m the 5th speaker out of five. Join Leavitt Brothers for […]
Before the Open (May 1)
Good morning. Happy Wednesday. Happy Fed Day. The Asian/Pacific markets closed mixed. China dropped 1%; Hong Kong, South Korea and Taiwan did well. In Europe, London rallied 0.7% while the rest of markets were closed for a holiday. Futures here in the States point towards a positive open for the cash market.
Before the Open (Apr 30)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mostly up. Australia, Hong Kong, Indonesia, New Zealand and South Korea did well. Europe is currently mixed. Greece and Amsterdam are down more than 1%; Germany, Stockholm and the Czech Republic are doing the best. Futures here in the States point towards a down open for the […]
Before the Open (Apr 29)
Good morning. Happy Monday. Hope you had a great weekend. The Asian/Pacific markets closed mixed. China dropped 1%; Australia, India and New Zealand did well. Europe is currently mostly up. Amsterdam and Norway are down; Belgium, Germany, the Czech Republic and Greece are up. Futures here in the States point towards a positive open for […]
VIDEO: State of the Market
The market can’t seem to make up it’s mind. Up big one week, down big the next. Wash, rinse, repeat. And the indicators are no longer on the same page. In this video I look for hints of what the market’s next move might be.