Good morning. Happy Friday. The Asian/Pacific markets closed down across the board (except for Malaysia). South Korea dropped 2.2%, Australia, China and Hong Kong dropped more than 1%. Europe is currently down across the board. Austria and Norway are the biggest losers. Futures here in the Sates point towards a positive open for the cash […]
Before the Open (Jun 21)
Good morning from Telluride. Happy Thursday. The Asian/Pacific markets closed mostly down. Australia, China, Hong Kong, Indonesia and New Zealand each dropped more than 1%. Europe is currently mixed. Only Norway (down 1%) has moved more than 1%. Futures here in the States point towards a flat open for the cash market.
Before the Open (Jun 20)
Good morning. Happy Wednesday. Happy Fed Day. The Asian/Pacific markets closed mostly up. New Zealand dropped 1%; Indonesia and Japan rallied 1%. Europe is currently mixed. Austria is up 1%; there are no other 1% movers. Futures here in the States point towards a positive open for the cash market.
Before the Open (Jun 19)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. Not one index moved more than 1%. Europe is currently up across the board. Greece is up almost 4%, Austria 2%, Stockholm, Switzerland and London just under 1%. Futures here in the States point towards a positive open for the cash market.
Before the Open (Jun 18)
Good morning. Happy Monday. Hope you had a good weekend. The Asian/Pacific markets closed up across the board. Australia, Hong Kong, Indonesia, Japan, South Korea and Taiwan rallied more than 1%. Europe is currently mostly up. Greece is up 4%; no other index has moved 1%. Futures here in the States point towards a moderate […]
VIDEO: Calling Tops and Bottoms with FCX
Here’a s great indicator that helps identify tops and bottoms with FCX.
Timing Indicator with Nasdaq Bullish % Index
The market does two things: it trends and it chops.
Before the Open (Jun 15)
Good morning. Happy Friday. Our 1-time, Groupon-like special offer is here. This offer expires this weekend. The Asian/Pacific markets closed mostly up. Hong Kong rallied more than 2%, India, Singapore and Taiwan more than 1%. Europe is currently up across the board. Belgium is up 2.5%; Austria, France, Germany, Norway and Greece more than 1%. […]
Before the Open (Jun 14)
Good morning. Happy Thursday. Our 1-time, Groupon-like special offer is here. The Asian/Pacific markets closed mostly down. New Zealand gained 1%; China, Hong Kong, India and Indonesia dropped more than 1%. Europe is currently mostly down. Greece is up almost 8%; Belgium is down 2.3%, Germany, Stockholm, Switzerland and London around 1%. Futures here in […]
Using Put/Call Open-Interest to Predict the Rest of the Week
I’m two days late with this report. Oh well. 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 […]