by OptionPundit on August 27, 2009
Which side are you at? Bull or Bear? Based on the current market sentiments, general bullish bias, feeling of missing last up leg and given that every indicator is screaming buy buy buy, chances are that you are on the Bull’s side. If so, there is not much point reading this post any further.
There are [...]
by OptionPundit on February 20, 2009
I have tried my best to warn OP readers of the upcoming storm, over and over again starting from November 2007. Fun fact, this is what I wrote then-
But hey, if you do get a bearish market, then don’t forget to mention that you were told first hand here at OptionPundit.
We are close to disastrous [...]
by OptionPundit on October 16, 2008
The Dow increased 4.7% closing at 8979.26, the Nasdaq was up 5.5% to finish at 1717.71, and the S&P was up 4.3% to finish at 946.43. Leading sectors Coal and Consumable Fuels +13.3%, Education Services 13.2%, Steel 13.1%, Oil and Gas Exploration 12.1%, Gas Utilities 11.4%. Gold will surely make it to the lagging sectors.
Though [...]
by OptionPundit on October 5, 2008
It was a terrible week for U.S. stocks and equally for almost every major stock markets worldwide. The Dow fell 157.47 points, or 1.5%, on Friday to close at 10,325.38, racking up a 7.3% drop for the week. The Nasdaq Composite Index fell 29.33 points, or 1.5%, on Friday to close at 1,947.39 and lost 10.8% for [...]
by OptionPundit on September 19, 2008
Here we go again. A new secert recipe from Mr Paulson and company for pumping-up the markets. If I were to simplify this, it is like this ” Here is the garbage bin, you throw all garbage in this, we’ll pay you for this garbage and later we’ll sell this garbage to others hoping the garbage [...]
by OptionPundit on August 26, 2008
What kind of market we are facing these days? One day it is up, but to give-up all the gains next day. 200-300points daily move seems like a norm for Dow Industrial. It is a good market for directional players, yet it is a bad market for directional player. Delta neutral seems a good idea [...]
by OptionPundit on June 29, 2008
Tough Markets, the worst June for Dow since the great depression of early 30s. The Dow is down nearly 9.5%, S&P500 nearly 8%, RUT nearly 5.5% and Nasdaq nearly 7.5% for the month of June so far and we still have one more trading day left. Dow Jones industrial average is down nearly 20% since [...]