Good morning. Happy Thursday. The Asian/Pacific markets closed mixed and with a downward slant. Australia (down 1.2%) was the only 1% mover. Europe is up across the board. Austria is up 2.4%, and Belgium, France, Germany, Amsterdam, Norway, Stockholm and London are up 1% or more. Futures here in the States point towards a gap […]
Before the Open (Dec 21)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up. Taiwan rallied more than 4%, South Korea and India more than 3% and Australia and Singapore more than 2%. China dropped 1%. Europe currently leans to the downside, but there are no standout winners or losers. Amsterdam is up 1.2%; Belgium is down 1%. Futures […]
Before the Open (Dec 20)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. India dropped 1.3%. Otherwise there were no 1% movers. Europe is currently mostly up. Germany, Norway and Amsterdam are up more than 1%. Futures here in the States point towards a relatively big gap up for the cash market.
Before the Open (Dec 19)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly down. South Korea lost 3.4%, Australia and Taiwan more than 2%, and Hong Kong, Japan and Singapore more than 1%. Europe is currently mostly up, but only France (up 1.1%) has moved more than 1%. Futures here in the States […]
Before the Open (Dec 16)
Good morning. Happy Friday. Happy Quad Witching Day. The Asian/Pacific markets closed mixed and with a bullish bias. China gained 2% and Hong Kong and Indonesia gained more than 1%. India dropped more than 2%. Europe is currently mostly up, but there are no 1% movers. Futures here in the States point toward a moderate […]
Before the Open (Dec 15)
Good morning. Happy Thursday. The Asian/Pacific markets closed down across the board. China, South Korea and Taiwan dropped more than 2%; Australia, Hong Kong, Indonesia, Japan and Singapore dropped more than 1%. Europe is currently mostly up. Germany, France and Norway are up more than 1%. Futures here in the States point towards a moderate […]
Before the Open (Dec 14)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly down, but there were no 1% losers. Europe is currently mostly down. Belgium, France and Germany are down more than 1%. Futures here in the States point towards a flat open for the cash market.
Before the Open (Dec 13)
Good morning. Happy Tuesday. Happy Fed Day. The Asian/Pacific markets closed mostly down. Australia, China, Japan and South Korea dropped more than 1%. Europe is currently up across the board. Stockholm is up 1.6%. Otherwise there are no other 1% winners. Futures here in the States point towards a moderate gap up open for the […]
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 (Dec 12)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific market closed mixed and with a slight bullish bias. Australia, Japan and South Korea gained more than 1%. India dropped 2%, and China dropped 1%. Europe is currently down across the board. Austria, Belgium, France, Germany and Norway are all down at least […]