Event: PCLN reports its Q3 earnings tomorrow morning, Tuesday, Nov 4th, before the open. The options market is implying about a 4.5% one day move, which is above both the 4 quarter average of 3% and the …
Continue reading
The health of the EuroZone’s economy could be the single largest risk to the continuation of the bull market in U.S. equities (with Chinese growth a close second). There appears to be little in the …
Continue reading
Action-packed week to start November. First, the mid-term elections in the U.S. are tomorrow, November 4th. Market participants have not seemed to focus much on this round of midterms, but the elections will still dominate …
Continue reading
The S&P 500 index stopped just short of a new high on Friday, but optimism was back in vogue. The CBOE composite put/call ratio closed at 0.76, its lowest level since Aug. 21st. 1. EWJ …
Continue reading