Open Interest updates for Thanksgiving OPEX
Here is an update of the four indexes I mentioned in my blog over the weekend. The SPX has basically done nothing, but is holding onto recent gains extremely well. The financials (XLF) and the biotechs (IBB) have also gone sideways as some of the momentum names take pause to consolidate last weeks gains. The […]
Too Many Bulls Going to Ruin Ben’s Party? + Open Interest for Dec 6th.
Too many bulls going too far too fast? 1. Is sentiment getting a bit frothy? Yes2. From a historical perspective, is eight straight up weeks in SPX getting a bit extended? Yes3. Are we going to get a correction sometime in December? My psychic is on vacation this week so will have to get back […]
Share this:
Read More →
Read More →