Good morning. Happy Thursday. The Asian/Pacific markets close mixed; New Zealand rallied 1%. Europe is currently mostly up; there are no big winners or losers. Futures here in the States point towards a positive open for the cash market.
Housing Stocks
Last week I stated housing stocks were my favorite group. This is what they’ve done since…
Before the Open (Mar 14)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up. China dropped 2.6%; Indonesia, Japan, singapore and Taiwan rallied more than 1%. Europe is currently up across the board. Austria and Germany are up more than 1%. Futures here in the States point toward a flat open for the cash market.
Before the Open (Mar 13)
Good morning. Happy Tuesday. Happy Fed Day. The Asian/Pacific markets closed mostly up. Australia, Hong Kong, India, New Zealand, South Korea and Taiwan rallied more than 1%. Europe is currently up across the board. Austria, Belgium, France, Germany, Amsterdam and Stockholm are up more than 1%. Futures here in the States point towards a moderate […]
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 (Mar 12)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly down, but only Taiwan (down 1.1%) dropped more than 1%. Europe is currently trading mixed and with a down bias – there are no 1% movers. Futures here in the States point towards a gap down open for the cash […]
Before the Open (Mar 9)
Good morning. Happy Friday. Happy Employment Numbers Day. The Asian/Pacific markets closed mostly up. India rallied 2%; Japan moved up 1.7%. Europe is currently mixed. Austria is up 2%; no other index has moved 1%. Futures here in the States, ahead of the employment data, were slightly up.
Before the Open (Mar 8)
Good morning. Happy Thursday. The Asian/Pacific markets closed mostly up. Japan and Singapore rallied 2%; China, Hong Kong, South Korea and Taiwan gained at least 1%. Europe is currently up across the board. Stockholm, France and Germany are up 2%; Austria, Belgium, Amsterdam, Norway and London are up at least 1%. Futures here in the […]
Before the Open (Mar 7)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly down. Australia, Malaysia and South Korea dropped 0.9% or more. Europe is currently up across-the-board. Belgium is up 1%; France and Stockholm are up 0.8%. Futures here in the States point towards gap up for the cash market.
Update of Breadth Indicators
For the first time in a couple months I put a couple shorts on the Leavitt Brothers watch list this past weekend. Here’s a video update of the breadth indicators along with my reasons why my short term bias turned down.