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 (Mar 12)
Good morning. Happy Tuesday. First off, since moving to Costa Rica I’ve posted these before the open comments much earlier than I used to. It was entirely based on the time zone and what time my kids had to go to school. But CR doesn’t do day light savings, so now I’m back on my […]
Before the Open (Mar 11)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mixed. Australia and Japan moved up; there were no big losers. Europe is currently mostly down. Austria and Greece are down more than 1%. Futures here in the States point towards a down open for the cash market.
Before the Open (Mar 8)
Good morning. Happy Friday. Happy Employment Numbers Day. The Asian/Pacific markets closed mostly up. Japan rallied 2.6%; Hong Kong and India moved up more than 1%. Europe is currently mostly up. Austria, France, Czech Republic, Amsterdam and Norway are leading the way. More than two hours before the close, futures here in the States point […]
Before the Open (Mar 7)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed. China and South Korea dropped; India and New Zealand rallied. Europe is currently mostly up, but only Greece (down 1.5%) has moved much from its unchanged level. Futures here in the States point towards an up open for the cash market.
Before the Open (Mar 6)
Good morning. Happy Wednesday. The Asian/Pacific markets closed up across-the-board. Australia, China, Hong Kong, Indonesia, Japan and Singapore led the way. Europe is currently mostly up. Belgium, Germany and the Czech Republic are each up more than 1%. Futures here in the States point towards a moderate gap up open for the cash market.
Before the Open (Mar 5)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mostly up. Australia, China, India and Taiwan each did well. Europe is currently mostly up. Austria, Belgium, France, Germany, Amsterdam, Norway, Stockholm, Italy and Switzerland are posting solid gains. Futures here in the States point towards an up open for the cash market.
Before the Open (Mar 4)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly down. China dropped 3.7%; Australia, Hong Kong, Indonesia, New Zealand and Taiwan dropped more than 1%. Europe is currently down across the board. Greece is down 2.4%; no other index is down 1%. Futures here in the States point towards […]
VIDEO: State of the Market
Today I’m doing an update of my State of the Market video series (and sorry about all the zooming in and out; I have no idea why that was happening).
Before the Open (Mar 1)
Good morning. Happy Friday. The Asian/Pacific markets closed mixed. Hong Kong dropped, South Korea and Taiwan rallied. Europe is currently down across the board. Austria, France, Germany, Amsterdam and Greece are posting sizable losses. Futures here in the States point towards a moderate gap down open for the cash market.