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 (Dec 10)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed with an upward bias. China rallied 1.1%; Malaysia also did well. Europe is currently trading with a downward bias. Italy is down 3%, Spain down 1.7%, the Czech Republic 1.5%; Austria and Germany are also down. Futures here in the States […]
VIDEO: State of the Market
Today I’m doing an update of my State of the Market series. There are lots of cross-currents out there, so the near term is not obvious. Don’t forget our holiday special. One good trades pays for your membership for the entire year.
Before the Open (Dec 7)
Good morning. Happy Friday. Happy Employment Numbers Day. The Asian/Pacific markets closed mixed. Australia, China and Singapore posted decent gains; there were no big losers. Europe is currently mostly down, but nothing is down a large amount. About 20 minutes before the employment numbers, futures here in the States point towards a down open for […]
Before the Open (Dec 6)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed with little overall movement. Europe is currently mostly up. Greece, Austria, Germany and Norway are posting solid gains. Futures here in the States suggest a flat or slightly down open for the cash market.
Before the Open (Dec 5)
Good morning. Happy Wednesday. The Asian/Pacific markets closed up across the board. China and Hong Kong posted big gains. Europe is currently mostly up. Austria is leading the way, other gains are modest. Futures here in the States point towards a gap up open for the cash market.
Before the Open (Dec 4)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. China closed up; Australia and Indonesia closed down. Europe is currently mixed. France, Amsterdam and Switzerland are doing well; Norway and Greece are not. Futures here in the States point towards a flat open for the cash market.
Before the Open (Dec 3)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mixed. China and Hong Kong dropped more than 1%; Australia and Indonesia rallied more than 0.5%. Europe is currently mostly up. Austria, France, Germany, Amsterdam, Stockholm, Switzerland and Greece are all posting decent gains. Futures here in the States are pointing […]
VIDEO: Using Indicators to Pick a Top
Two weeks ago I covered some indicators that helped us nail the bottom; today I’m presenting a couple indicators which are telling us a local top is likely being put in place right now. Don’t forget our holiday special. One good trades pays for your membership for the entire year.
Before the Open (Nov 30)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly up. China, India, New Zealand, Singapore and Taiwan posted solid gains; Indonesia dropped. Europe is currently mostly up. The Czech Republic is posting the biggest gain; Austria, Germany and Stockholm are doing well too. Futures here in the States point towards a flat open for the […]