Europe is saved so it’s risk on, right? I feel safe enough now that I’m headed on vacation for a few weeks. Seriously though, I’m going on the annual summer family trip so look forward to pics and tweets from New Mexico, Utah, Wyoming and Colorado. Enjoy the links and your weekend! The psychology of
Category: Commentary
Sincere condolences to those affected by the senseless shootings in Aurora, Colorado Friday morning. At times, life is just not fair. Hug your loved ones, tell them how much you love them and strive to make the most of the time you have together. Start by creating some memories this weekend. How to fight excessive
Is there any truth to the saying that the Thursday before option expiration is typically the low heading into the next week? In a word, no. I see no edge here with how the S&P performs the week following the Thursday before option expiration. Here’s a few insights: Since January 2000, 52.7% of the time
As I mentioned earlier this year one of my goals was to be more selfish and address personal needs. I’ve been selfish and as a result have checked off some items from my never ending to do list. For those of you new to Skrinkylinks they are basically a collection of articles that I’ve read
As a premium seller I’ve already been in the month of April for two weeks. One of the data points I track is the range for both the option cycle and the month. On average, over the past 10 years, the range for opex is 78.2 points while the monthly range is 72.74 points. If
Want to know if you have a bias in the market? Stare at the + sign in the middle of the image below to find out.
I promised myself that I wasn’t going to post anything until my book is done…just another failed New Years resolution I guess. If you look at the chart below you can see that I’ve marked up a few points of interest. The short-term top (1343) for the ramp into 2011 came on February’s option expiration
Ah yes, Virginia was not disappointed this week. Now if it could only snow here in Dallas this weekend. Of course the real test will be what the market brings next week and perhaps even more important 2012. This slow upward grind on low volume was a classic Santa Claus rally so it will be
The average true range (ATR) is a measurement of volatility based on price action moving beyond a defined average (the default is 14 periods and what I’m using for now). In a sense, the ATR is telling us that something is afoot about the stock/sector/etf/market. I recently started tracking the intraday movement of the ATR
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11 days, 5 states and over 3,000 miles later the annual summer vacation is over! It was good to see some parts of the United States I’ve never seen and spend time with family. It was also good to get back home. Option expiration next week and some indicators I watch suggest that the potential