Good morning. Happy Thursday. The Asian/Pacific markets closed mixed and with a bearish bias. India and Singapore dropped more than 1%; South Korea rallied more than 1%. Europe is currently down across the board. Austria is down 2%; Belgium, France, Germany, Amsterdam, Norway and London are down more than 1%. Futures here in the States […]
Before the Open (Nov 16)
Good morning. Happy Wednesday. The Asian/Pacific markets closed down across the board. China and Hong Kong dropped more than 2%. New Zealand, South Korea and Taiwan lost more than 1%. Europe is mixed; there are no 1% movers. Futures here in the States point towards a moderate gap down open for the cash market.
Before the Open (Nov 15)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mostly down, but only India (down 1.4%) moved more than 1%. Europe is currently down across the board. France and Austria are down more than 2%. Belgium, Germany, Amsterdam, Stockholm and London are down more than 1%. Futures here in the States point towards a sizable gap […]
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 (Nov 14)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly up. South Korea, Taiwan, China and Hong Kong gained around 2%, and Indonesia, Japan and Singapore gained more than 1%. Europe is currently down across the board. Belgium, France, Germany, Amsterdam and Stockholm are down more than 1%. Futures here […]
State of the Market
Here’s a video covering the current state of affairs.
Before the Open (Nov 11)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly up. South Korea gained almost 3%, and Australia and Hong Kong moved up about 1%. India dropped 1%. Europe is up across the board. Belgium, Germany, Norway and Stockholm are each up more than 1%. Futures here in the States point towards a moderate gap up […]
Before the Open (Nov 10)
Good morning. Happy Thursday. The Asian/Pacific markets got hit hard. Hong Kong and South Korea dropped 5%, Taiwan 3.4% and Australia, Japan and Singapore more than 2%. Europe on the other hand is up across the board. Germany is up 1.7% – it’s the only 1% mover. Futures here in the States point towards a […]
Before the Open (Nov 9)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up. Australia, Hong Kong, Indonesia and Japan each gained ore than 1%. India dropped 1.2%. Europe is getting clobbered. Austria is down 3.6%, and Germany, Amsterdam, Norway and Stockholm are down more than 2%. Futures here in the States point towards a very big gap down […]
Before the Open (Nov 8)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed and perhaps with a bullish bias. Only Japan (down 1.3%) moved more than 1%. Europe is currently posting solid, across-the-board gains. France, Germany and Amsterdam are up more then 2%. Most of the other indexes are up more than 1%. Futures here in the States point […]