Good morning. Happy Friday. The Asian/Pacific markets closed mostly down. Japan and South Korea dropped 3% or more, Taiwan and Australia more than 2%, China, Hong Kong, Indonesia and Singapore more than 1%. Europe is currently mixed. Greece is up almost 3%, Norway and Stockholm down around 2%. Futures here in the States point towards […]
Before the Open (May 17)
Good morning. Happy Thursday. The Asian/Pacific markets closed mostly up. China and Taiwan rallied more than 1%. Europe is currently mostly down. Germany, France, London and Greece are down more than 1%. Futures here in the States point towards a down open for the cash market.
Before the Open (May 16)
Good morning. Happy Wednesday. The Asian/Pacific markets closed down across the board. Hong Kong and South Korea dropped more than 3%, Australia and Taiwan more than 2%, China, India, Indonesia, Malaysia, Japan and Singapore more than 1%. Europe is currently mostly down. France is up 1%, Belgium and Stockholm down more than 1%. Futures here […]
Before the Open (May 15)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. Australia, Malaysia, Japan and South Korea closed down; Hong Kong and India closed up. Europe is currently mostly up. Austria and the Czech Republic are standout losers while France and Norway are winners. Futures here in the States point toward a moderate gap up open for […]
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 (May 14)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly down. Hong Kong and Indonesia dropped more than 1%. Europe is currently suffering stiff, across-the-board losses. Greece is down 5%, Austria 3.2%, Belgium, France, Germany, Amsterdam, Stockholm and London more than 2%, and Norway, Switzerland and the Czech Republic more […]
Before the Open (May 11)
Good morning. Happy Friday. The Asian/Pacific markets closed down across the board. Hong Kong, South Korea and Taiwan dropped more than 1%. Europe is currently mostly down. Austria is up 1%. France is down 1% and Greece is down 3.3%. Futures here in the States point towards a moderate gap down open for the cash […]
Before the Open (May 10)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed. There were no big winners or losers. Europe is currently mostly up. Greece is up almost 3%, and Belgium and the Czech Republic are up more than 1%. Futures here in the States point towards a moderate gap up open for the cash market.
Before the Open (May 9)
Good morning. Happy Wednesday. The Asian/Pacific markets closed down across the board (except for New Zealand). Australia, China, Indonesia, Japan and Singapore dropped more than 1%. Europe is currently mostly down. Austria, Switzerland and London are down more than 1%. Futures here in the States point towards a big gap down open for the cash […]
Before the Open (May 8)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed and with an up bias. India dropped 2.2%; there were no other 1% movers. Europe is currently mostly down. Austria is up 1.7%; Greece is down another 3%. Futures here in the States point towards a slight down open for the cash market.