Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed – nothing moved more than 1%. Europe is currently up across the board – there are a couple 1% winners. Futures here in the States point towards a moderate gap up open 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 (Aug 16)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mixed – China gained 2%. Europe is currently trading with a bearish slant. Futures here in the States point towards a moderate gap down open for the cash market.
Before the Open (Aug 13)
Good morning. Happy Friday. The Asian/Pacific markets closed mostly up – there were a couple 1% winners. Europe is currently down across the board. Futures here in the States point towards a relatively small gap down open for the cash market.
Before the Open (Aug 12)
Good morning. Happy Thursday. The Asian/Pacific markets closed down across the board. Europe is currently mixed with a bearish lean. Futures here in the States point towards a moderate gap down open for the cash market.
Before the Open (Aug 11)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly down – there were several 1 and 2% losers. Europe is down across the board. Futures here in the States point towards a huge gap down open for the cash market.
Before the Open (Aug 10)
Good morning. Happy Tuesday. Happy Fed Day. The Asian/Pacific markets closed down across the board – China fell almost 3%. Europe is currently mixed with an up bias. Futures here in the States point towards a big gap down open for the cash market which will more than give back all of yesterday’s gains.
Report: Stock Picks and Special Offer
It was brought to my attention yesterday the video sent out yesterday zoomed in on the charts so the right-side trading details of each chart was cut off. Here are the charts again, and I’ll extend the special offer one more day.
Before the Open (Aug 9)
Good morning. Happy Monday. Hope you had a nice weekend. The Asian/Pacific markets closed mostly up, but there were no big winners. Europe is currently up across the board – most indexes have gained at least 1%. Futures here in the States point towards a gap up open for the cash market.
VIDEO: Stock Picks & Special Offer
Three week ago I put out a note that I was no longer interested in going short and instead was only looking to trade stocks to the long side. This video covers many of the set ups we played over the last couple weeks and also serves as a reminder today (Sunday) is the last […]