If I wrote a book about trading, I would hammer this point home over and over. Find a good group, and then milk it for everything it’s worth. It’s not that hard because money often rotates from stock to stock to stock within the group. Here’s an example.
Before the Open (Feb 22)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mixed; China, Japan and Taiwan rallied about 1%; Singapore dropped 1%. Europe is down across the board. Belgium and Stockholm are down 1%. Futures here in the States point towards a slight negative open for the cash market.
Before the Open (Feb 21)
Good morning. Happy Tuesday. Hope you enjoyed your long weekend. The Asian/Pacific markets posted pretty good gains yesterday and are mostly up again today. Europe was mostly up yesterday too, but today is down across the board. Austria and Belgium are the sole 1% losers. Futures here in the States are flat relative to Friday’s […]
Lack of Correlation is Making Trading Much Easier
The market is much less correlated than last year, and this is making trading much easier. Here’s a video explaining why and how…
Before the Open (Feb 17)
Good morning. Happy Friday. Happy Options Expiration Day. The Asian/Pacific markets closed up across the board. Hong Kong, Indonesia, Japan and South Korea rallied more than 1%. Europe is up across the board. Austria, France, Germany and Stockholm are up 1% or more. Futures here in the States point towards a positive open for the […]
Before the Open (Feb 16)
Good morning. Happy Thursday. The Asian/Pacific markets closed down across the board. Australia, Singapore, South Korea and Taiwan each dropped more than 1%. Europe is currently down. Austria and Germany are down more than 1%. Futures here in the States point towards a moderate gap down open for the cash market.
Before the Open (Feb 15)
Good morning. Happy Wednesday. The Asian/Pacific markets closed up across the board. Hong Kong, Japan and India rallied 2%; China, South Korea and Taiwan moved up better than 1%. Europe is currently up across the board. Austria, Germany and Stockholm are up more than 1%. Futures here in the States point towards a moderate gap […]
Before the Open (Feb 14)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mxied; there were no 1% movers. Europe is currently mixed; there are no 1% movers there either. Futures here in the States point towards a flat-to-slightly down open for the cash market.
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 (Feb 13)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly up, but only Indonesia (up 1.3%) moved more than 1%. Europe is currently up across the board. Austria, Belgium, Germany, Amsterdam, Stockholm and London are up more than 1%. Futures here in the States point towards a solid gap up […]