Good morning. Happy Friday. All but one Asian/Pacific market closed up, but gains were small. All but one European market are up – gains are small there too. Futures here in the States are flat. My totally random thoughts…
Before the Open (Mar 18)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed. Europe is currently mixed with a slight bearish slant. No index anywhere has moved much from its unchanged level. Futures here in the States are flat.
Before the Open (Mar 17)
Good morning. Happy Wednesday. The Asian/Pacific markets had a very strong day today with most of the markets gaining at least 1%. Europe is currently up across the board, and futures here in the States point towards a positive open.
Before the Open (Mar 16)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. Europe is up across the board. Futures here in the States point towards a slight up open for the cash market.
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, QQQQ 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 15)
Good morning. Happy Monday. Hope you had a nice weekend. I don’t have much to add to my weekend report. The market is on a heck of a run, but it won’t last forever. Some of the breadth indicators suggest we’re close to a local top, but I’d expect any type of pullback to get […]
VIDEO: State of the Market
Here’s a video discussing my views on where we’ve come and what may lie ahead for the market.
Before the Open (Mar 12)
Good morning. Happy Friday. The Asian/Pacific markets closed mixed – China lost more than 1%. Europe is currently up across the board. Futures here in the States are flat.
Before the Open (Mar 11)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed (all gains and losses were less than 1%). Europe is currently down across the board (there are no 1% movers). Futures here in the States point towards a small gap down open.
Before the Open (Mar 10)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up, but gains were small. Europe is currently up across the board, but gains are small there too. Futures here in the States are flat.