Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. China dropped 0.9% and South Korea 0.8%. Hong Kong moved up 0.7%. Europe is currently down across the board. Austria, France, Germany, Amsterdam, Norway, Stockholm, Switzerland, London and the Czech Republic are down more than 1%. Futures here in the States point towards a large gap […]
Before the Open (Oct 22)
Good morning. Happy Monday. Hope you had a good weekend. The Asian/Pacific markets closed mixed. There were no standout winners or losers. Europe is currently trading mixed and with a bullish bias. Greece is up 3.7%; otherwise there are no big movers. Futures here in the States point towards a positive open for the cash […]
Before the Open (Oct 19)
Good morning. Happy Friday. Happy Options Expiration Day. The Asian/Pacific markets closed mixed and with a bearish bias. Taiwan, South Korea, India and Indonesia dropped the most. Europe is currently mostly down. Austria is down 1.6%; France, Stockholm and the Czech Republic are also down noticeably. Futures here in the States point towards a negative […]
Before the Open (Oct 18)
Good morning. Happy Thursday. The Asian/Pacific markets closed up across the board. china, India and Japan led the way. Europe is currently mixed, but there are no big winners or losers. Futures here in the States point towards a negative open for the cash market.
Before the Open (Oct 17)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up. Japan rallied 1.2%; Australia, Hong Kong and South Korea also did well. Europe is currently mixed. Belgium and Greece are up more than 1%. France and Germany are up slightly. Futures here in the States point towards a positive open for the cash market.
Before the Open (Oct 16)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mostly up. India dropped; Japan, South Korea and Taiwan moved up. Europe is currently up across the board. France, Germany, Amsterdam, Norway and London are up more than 1%. Futures here in the States point towards a relatively big gap up open for the cash market.
VIDEO: Warnings of a Top
We’ve gotten several warnings over the last month a local top was being put in place. I hope you were able to read the sign posts; I hope you didn’t give profits back the last month.
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 (Oct 15)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mixed; there were no standout winners or losers. Europe is currently mostly up. France is up 1.4%; Germany, Amsterdam, Stockholm, Switzerland and Greece are also posting decent gains. Futures here in the States point towards a moderate gap up open for […]
Before the Open (Oct 12)
Good morning. Happy Friday. The Asian/Pacific markets closed mixed. Hong Kong and Indonesia moved up the most; India moved down the most. Europe is currently mixed. Greece is up 3%; there are no other big winners or losers. Futures here in the States point towards a gap up open for the cash market.