Good morning. Happy Wednesday. The world is green. The Asian/Pacific markets closed up across the board – there were several 1% winners including India which gained 2.4%. Every index in Europe is up at least 1%. Futures here in the States point towards a relatively large gap up open for the cash market.
Before the Open (Oct 12)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mostly down – there were a couple 1% losers, but China gained 1.2%. Europe is currently down across the board – losses are moderate. Futures here in the States point towards a moderate 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, QQQQ 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 11)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly up – China and Hong Kong led the way. Europe is currently up across the board – gains are small. Futures here in the States point towards a positive open for the cash market.
Michael Shermer on Self-Deception
This 20 min video talks about how our brain often incorrectly recognizes patterns – an error technical traders make all the time.
Before the Open (Oct 8)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly down. Europe is currently trading mostly down. Employment numbers are out. Here they are:
Before the Open (Oct 7)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed. Europe is currently mixed and without any standout winners or losers. Futures here in the States are flat.
Before the Open (Oct 6)
Good morning. Happy Wednesday. The world is green. Every index in Asian/Pacific closed up including several 1% winners. Every index in Europe is up – several 1% winners there too. Futures here in the States point towards a flat open for the cash market.
Before the Open (Oct 5)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed – Japan gained 1.5%. Europe is up across the board – gains are muted. Futures here in the States point toward a moderate gap up for the cash market.
Before the Open (Oct 4)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly up – China and Hong Kong gained 1%. Europe is currently down across the board. Futures here in the States point toward a small gap down open for the cash market.