Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up. Australia, China, Indonesia, Malaysia, Singapore and South Korea rallied nicely; Japan dropped 1%. Europe is currently mostly up. Austria, Belgium, Germany, Switzerland, and the Czech Republic are posting decent gains; Greece is down 1.1%. Futures here in the States point towards a positive open for […]
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 (Feb 12)
Good morning. Happy Tuesday. I’m getting a taste of 3rd world living. The power went out yesterday morning and hasn’t come back on. Unlike the States where they work ’round the clock to fix things, here, if things don’t get fixed by 5:00 when everyone goes home from work, you have to wait until the […]
Before the Open (Feb 11)
The Asian/Pacific markets closed with a bullish bias. Movement was mostly tame, but China and South Korea put in decent days. Europe is currently mostly up. Norway is down, but Belgium, France and the Czech Republic are doing well. Futures here in the States point towards an up open for the cash market (albeit two […]
Before the Open (Feb 8)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly up. Australia, China, New Zealand and South Korea posted the biggest gains. Japan dropped 1.8%. Europe is up across the board. Austria, France, Norway, Switzerland and London are leading the way. Futures here in the States point towards a flat open for the cash market (105 […]
The Bull's Case (part 2 of 2)
The long term trend is up, but there are several seasoned vets who believe the party will come to an end in 2013. I’m not going to join the debate because I have found over the years predicting the market and making money are two entirely different things, and they aren’t always related. Instead I […]
The Bear's Case (part 1 of 2)
The long term trend is up, but there are several seasoned vets who believe the party will come to an end in 2013. I’m not going to join the debate because I have found over the years predicting the market and making money are two entirely different things, and they aren’t always related. Instead I […]
Before the Open (Feb 7)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed and perhaps with a slight bearish bias. China, Japan and Singapore led to the downside; Australia, Malaysia and Taiwan led to the upside. Europe is currently mixed. Belgium is suffering the biggest loss while Austria, Spain and Norway are up the most. Futures here in the […]
Before the Open (Feb 6)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mixed and with an up bias. Japan rallied almost 4%; Australia, Hong Kong and Indonesia also did well. Malaysia and New Zealand dropped. Europe is currently mostly up. Greece is up almost 3%, and Stockholm almost 2%. Futures here in the States point towards a flat open […]
Before the Open (Feb 5)
Good morning. Happy Tuesday. The Asian/Pacific markets closed down across the board (except for China). Hong Kong, Japan, New Zealand, Singapore, and South Korea suffered the biggest losses. Europe is currently mixed. France, Greece, Switzerland, Spain, Italy and London are up; Norway, Stockholm and the Czech Republic are down. Futures here in the States point […]