OTC: April 4, 2016 S&P 500/ SPY: A slow start to the week chart wise after last weeks strong close we did not have much follow thru and even started to look like a reversal was at hand. The lack of direction today was a little surprising given where we are at the high […]
TGIF September 23, 2016 Videos (click to view) Daily Recap: September 23, 2016 Editor’s Note: The first Morning Note we sent this morning contained the wrong SPY chart. You can see the updated version below. We apologize for any inconvenience. By Scott J. Redler We have mostly small red arrows around the world […]
Quant Edge: September 23, 2016
Options Supplement: May 4, 2016 Stocks continued to be under pressure today as some global weakness weighed and US economic data disappointed. The S&P 500 finished down about .6% while the tech heavy Nasdaq fared worse, closing lower by .8%. Stocks had a similar session to yesterday – a triple digit gap down and close […]
Options Supplement: May 30, 2016 Stocks finished out the week Friday on a positive note (albeit a quiet one). The S&P 500 ended higher by .43% on a light volume day as traders were reluctant to put money to work before the long holiday weekend. Janet Yellen spoke at Harvard during the afternoon and her […]
Options Supplement: May 26, 2016 Stocks had a quiet session today as traders braced for Janet Yellen’s speech Friday afternoon and the long holiday weekend following it. The S&P 500 finished flat (-.02%) as the strong two day rally paused and stocks were able to get some much needed consolidation. Averages opened mostly unchanged to […]
Options Supplement: May 25, 2016 Stocks finally were able to accomplish what they struggled to do for nearly all of May: get some follow through from the previous day. The long pattern of alternating gains and losses was snapped today as bulls pushed stocks comfortably higher for a second straight day. The S&P 500 and […]
Options Supplement: May 24, 2016 Stocks came roaring back to life today after Monday’s listless trading session. The S&P 500 finished near the high of the day up 1.35% while the Nasdaq had an even more impressive day, ending 2% higher. Stocks had a strong gap up to start the day following big gains in […]
Options Supplement: May 23, 2016 Stocks had a quiet session Monday, drifting around the unchanged mark for most of the day on light pre-holiday volume. The S&P 500 struggled to build off of Friday’s momentum and finished at its worst level of the day (-.2%) after a pick-up in selling into the bell. Europe was […]
Options Supplement: May 22, 2016 Friday closed out a topsy-turvy week for stocks in similar fashion to how it began: the S&P 500 gained .6% while the Nasdaq had an even more impressive day, finishing up 1.2%. Both the S&P and Nasdaq managed to snap multi-week losing streaks but it took Friday’s sharp rally to […]