Good morning. Happy Friday. The bulls are probably wishing this day came sooner because sometimes, once momentum builds, the only thing that stops it is the end of the week. The Asian/Pacific markets closed down across the board – most of the markets lost more than 1%. Europe is currently down across the board – […]
Before the Open (Jan 21)
Good morning. Happy Thursday. The market has been range bound since the beginning of the year. Little rallies have gotten sold; mini dips have gotten bought. And since the range is so tight, we’ve had several instances where the market has gone from the top to the bottom and back within a day or so. […]
Before the Open (Jan 19)
Good morning. Happy Tuesday. Hope you enjoyed your long weekend. The Asian/Pacific markets closed mixed. Europe is currently down across the board. Futures here in the States suggest a gap down open for the cash market.
Before the Open (Jan 15)
Good morning. Happy Friday. The Asian/Pacific markets closed mixed. Europe is down across the board. Futures here in the States suggest a moderate gap down open for the cash market.
Before the Open (Jan 14)
Good morning. Happy Thursday. Heading into this week I did a quick piece on what the market would have to do if indeed it was to conspire to cause the most pain among option traders. The conclusion was a flat market would do the trick. What has happened? Yep, a flat market.
Many More Stocks Hitting Their Targets
It’s been a great couple weeks. More than two dozen stocks from our Long List broke out and rallied to their targets. Here are the ones that hit in just the last week or so.
Before the Open (Jan 13)
Good morning. Happy Wednesday. The Asian/Pacific markets closed down – China lost more than 3%. Europe is currently mixed and without any big movers. Futures here in the States suggest a positive open for the cash market.
Newspaper Stocks
When the internet became mainstream, the newspaper industry was near the top of everyone’s “going to die” list. From a business perspective, the economics were too good to be true. Instead of printing and distributing millions of physical papers, one copy could be posted on the internet for all to read.
Before the Open (Jan 12)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed with a bearish slant; Europe is currently down across the board; futures here in the States suggest a sizable gap down open for the cash market. This should hardly be a surprise. As noted over the weekend and yesterday, the market’s uptrend is solid, but it […]
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 (this was written during the day Monday, so it uses data from over the weekend). Here’s the theory: the market conspires to cause the most […]