Good morning. Happy Thursday. The Asian/Pacific markets closed mixed with a bearish bias. Europe is down across the board – there are several 1% losers. Futures here in the States point towards a moderate gap down for the cash market.
Before the Open (Apr 21)
Good morning. Happy Wednesday. Today will be a shortened day for me. I’ll be flying from south Florida back to Denver – not fun with two 18-month olds. And I won’t be updating the site unless something crazy happens while I’m away.
Newspaper Stocks Remain in Uptrends
This is my forth report covering the technical aspects of the newspaper stocks.
Before the Open (Apr 20)
Good morning. Happy Tuesday. The Asian/Pacific markets rebounded from Monday’s stiff selling pressure. They closed mostly up with moderate gains. Europe is currently posting solid across-the-board gains, and futures here in the States point towards a gap up open for the cash market.
Before the Open (Apr 19)
Good morning. Happy Monday. Hope you had a nice weekend. I’m a little behind responding to emails because I was on the road Saturday (traveled Denver to south Florida) and didn’t have good internet access Sunday. I’ll get caught up today.
Before the Open (Apr 16)
Good morning. Happy Friday. Happy options expiration day. The Asian/Pacific markets closed down across the board – there were a couple 1% losers. Europe is currently mixed with no big winners or losers. Futures here in the States point towards a small gap down open for the cash market.
Before the Open (Apr 15)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed. Europe is currently mixed with no standout winners or losers. Future here in the States point towards a gap down open for the cash market.
Before the Open (Apr 14)
Good morning. Happy Wednesday. The Asian/Pacific markets closed up across the board. Europe is currently posting solid gains. Futures here in the States point towards a very good gap up for the cash market.
Before the Open (Apr 13)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mostly down, but China moved up 1%. Europe is currently down across the board. Futures here in the States point towards a small gap down 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. […]