Good morning. Happy Thursday. The Asian/Pacific markets closed mixed – there were no big winners or losers. Europe is down across the board. France and Norway are down more than 1%. Futures here in the States point towards a moderate gap down for the cash market.
Before the Open (Apr 13)
Good morning. Happy Wednesday. The Asian/Pacific markets closed up across-the-board. India gained over 2% and Singapore and South Korea rallied over 1%. Europe is also up across-the-board. There are several 1% winners. Futures here in the States point towards a large gap up open for the cash market.
Why Barry Ritholtz Fired His Fund Manager
Barry Ritholtz, fund manager and author of theThe Big Picture blog posted last week that he fired one of his mutual fund managers. Without getting into details, he offered this as his criteria for firing a money manager. I think they apply to us individual traders too. We won’t fire ourselves (well I guess we […]
Before the Open (Apr 12)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mostly down; there were several 1% losers. Europe is currently down across-the-board; almost every index is down at least 1%. Futures here in the States point towards a pretty good sized gap down 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 (Apr 11)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mixed and with a bearish bias. No index moved more than 1%. Europe is currently trading mostly down, but the are no big losers. Futures here in the States point towards a positive open for the cash market.
Before the Open (Apr 8)
Good morning. Happy Friday. The Asian/Pacific markets closed mixed and with an upward bias; Japan was the only big winner. Europe is currenly up across-the-board. Futures here in the States point towards a decent gap up open for the cash market which will put the index near the tops of their ranges.
Trading Psychology: The 16 Truths about Great Trading
Dr. Doug at drdoug.com posted the following on his blog. He makes some good points – some I agree with, some I don’t. My comments are in blue.
Before the Open (Apr 7)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed; there was little overall movement. Europe is currently mixed; little movement there too. After trading below yesterday’s lows overnight, futures here in the States suggest a positive open for the cash market.
Before the Open (Apr 6)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mixed; China, Indonesia and Taiwan each gained more than 1%. Europe is up across the board; there are no big winners. Futures here in the States point towards a large gap up for the cash market that will put the S&P at its high of the last […]