Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly up. Hong Kong gained 4.1%, Taiwan and South Korea more than 3% and Australia, China and Indonesia more than 2%. Europe is mixed; not one index has moved more than 0.5%. Futures here in the States point towards a flat […]
Before the Open (Oct 21)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly down. Only South Korea (up 1.8%) moved more than 1%. Europe is currently up across the board. Germany and Norway are up more than 2%. Belgium, France, Amsterdam, Stockholm and London are up more than 1%. Futures here in the States point towards a relatively big […]
Before the Open (Oct 20)
Good morning. Happy Thursday. The Asian/Pacific markets closed down across the board. South Korea lost 2.7%, China 1.9%, Hong Kong 1.8% Europe is currently mixed. Austria is down 1.5%. No other indexes has moved 1%. Futures here in the States point towards a moderate gap up open for the cash market.
Before the Open (Oct 19)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up. Hong Kong and Indonesia rallied more than 1%, India more than 2%. China dropped. Europe is currently mostly up. Austria and Amsterdam are up more than 1%. Most other indexes are up. Futures here in the States point towards a negative open for the cash […]
Before the Open (Oct 18)
Good morning. Happy Tuesday. The Asian/Pacific markets got hit hard. Every index closed down at least 1% and a few (Australia, China, Hong Kong, Indonesia) lost more than 2%. Europe is currently down across-the-board. Austria is getting clobbered (down 4%), and Belgium, France, Amsterdam, Switzerland and London are down more than 1%. Futures here in […]
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 (Oct 17)
Good morning. Happy Monday. I hope you had a nice weekend. The Asian/Pacific markets closed with mostly solid gains. Hong Kong gained 2%. Australia, Indonesia, Malaysia, Japan, Singapore, South Korea and Taiwan rallied more than 1%. Europe is currently trading mixed and with a bearish bias. Almost all the markets are close to their unchanged […]
Before the Open (Oct 14)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly down, but there were no big movers in either direction. Hong Kong lost 1.4% and India gained 1.2%. Europe is currently mostly up. Belgium, France, Amsterdam, Norway, Stockholm, Switzerland and London are each up around 1% or a little more. Futures here in the States point […]
Before the Open (Oct 13)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed and with a bullish slant. Hong Kong rallied more than 2%. Indonesia and Malaysia more than 1%. Europe is currently down across the board (except for Austria). France, Germany, Amsterdam, Norway, Stockholm and London are down 1% or more. Futures here in the States point towards […]
Before the Open (Oct 12)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mixed and with an upward bias. China and Indonesia rallied 3%, India more than 2%, Hong Kong, Malaysia and Singapore more than 1%. Except for Austria, Europe is up across the board. France, Germany, Amsterdam and Norway are each up more than 1%. Futures here in the […]