Before the Open (Sep 26)

Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly down. Japan dropped 2%; China and Indonesia more than 1%. Europe is currently suffering pretty stiff across the board losses. Austria, France and Norway are down more than 2%. Belgium, Germany, Amsterdam, Stockholm, Switzerland, London and the Czech Republic are down more than 1%. Futures here […]

Using Put/Call Open-Interest to Predict the Rest of the Week

I’m two days late with this report. 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 […]