Good morning. Happy Wednsday. The Asian/Pacific markets closed mixed, but the losers lost more than the winners. Hong Kong, South Korea and Taiwan each dropped more than 1%. Europe is currently mostly up, but only Greece (up 1.2%) has moved more than 1% from its unchanged level. Futures here in the States point towards a […]
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 (Jul 17)
Good morning. Happy Tuesday. The Asian/Pacific markets closed up across the board, but Hong Kong (up 1.75%) was the only 1% mover. Europe is currently mostly up. Austria (up 1.6%) is the only 1% winner. Futures here in the Stats point towards a moderate gap up open for the cash market.
Before the Open (Jul 16)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mixed. China dropped 1.7%; nothing rallied 1%. Europe is currently mixed. Greece is up 1.7%; otherwise there are no standouts. Futures here in the States point towards a moderate gap down open for the cash market.
Before the Open (Jul 13)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly up, but only South Korea (up 1.5%) moved more than 1%. Europe is currently up across the board. Austria, Germany, Norway, Stockholm and Greece are up more than 1%. Futures here in the States point towards positive open for the cash market.
Before the Open (Jul 12)
Good morning. Happy Thursday. The Asian/Pacific markets closed mostly down. Hong Kong and South Korea dropped more than 2%; Japan and Taiwan dropped more than 1%. Europe is currently down across the board, but London and Greece are the only 1% losers. Futures here in the States point towards a big gap down for the […]
Before the Open (Jul 11)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mixed; there were no 1% movers. Europe is currently mostly down; there are no 1% movers there either. Futures here in the States point towards an up open for the cash market.
Before the Open (Jul 10)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. India and Singapore rallied more than 1%. Europe is currently mostly up. Austria, France, Germany, Amsterdam and Norway are up 1% or more. Futures here in the States point towards a positive open for the cash market.
Four Divergences that Concern Me
Here’s a video where I discuss four divergences that concern me in the near term.
Before the Open (Jul 9)
Good morning. Happy Monday. Hope you had a good weekend. The Asian/Pacific markets closed down. China dropped more than 2%; Hong Kong, Indonesia, Japan, Singapore and South Korea more than 1%. Europe is currenly almost entirely down, but there are no big losers. Futures here in the States point towards a gap down open for […]