Market Posts

March 13, 2016

The Week’s Significant Option Activity

3/7:                           >>    2,273 STLD Apr-16 20.0 C OPENING >>  2,331 SCTY Mar-16 25.5 Calls $2.25 ASKSIDE >>  1,167 LGF Mar16 24.0 Calls $0.70  ASKSIDE >>  2,193 BMY Jun16 65.0 Calls $3.60  ASKSIDE >>  13,271 HOG Apr-16 50.0 Calls $0.60 ASKSIDE   3/8: >>  11,472 MON Apr-16 95.0 C OPENING >>    3, 714 JNJ Oct-16 110.0 C OPENING >>  1500 JBL Jan17 22.0 Puts $3.20  ASKSIDE […]

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March 10, 2016

Thursday Market Newsletter (3/10/16)

Market Recap What a day… two failed breakouts in one day. First, ECB President, “Super” Mario Draghi dazzled global markets with an expansion of the ECB’s bond buying program and cutting three different interest rates. The initial reaction was a jump in global equity markets. S&P futures jumped to 2010.25 and the euro sold off. […]

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March 6, 2016

Sunday Newsletter 3-6-16

The Week in Review (3/6/16) US Index performance (5d): SPX +2.7%, DJIA +2.2%, RTY +4.3%, NDX +2.2%, TLT -1.4% Equities advanced for the third week in a row as US economics, commodities, and central bank policies were the catalyst for the continuation in the equity move last week. In the beginning of the week an […]

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February 28, 2016

Sunday Newsletter 2-28-16

The Week in Review (2/28/16) US Index performance (5d): SPX +1.6%, DJIA +1.5%, RTY +2.7%, NDX +1.7%, TLT -0.5% Equities continued to grind higher last week and staged a strong reversal mid-day Wednesday which continued through Thursday’s session (albeit on light volumes). Correlation to crude oil remains very high (see chart below), and when oil […]

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