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2012/08/17

A funny thing happened on options expiration week.

TraderPlanet Today
    Aug 17, 2012 Volume 77 Issue 5    
A funny thing happened on options expiration week.
by Robert W. Colby
The S&P 500 (SPX: 1,415.51) rose 9.98 points or 0.71% on Thursday to its highest level since 4/3/12. SPX has recovered nearly all of its April-June drop and is challenging the highs of the year. Stock price indexes appear "overbought" or "ex...

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Chart Presentation: A Cyclical Turn
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The markets responded to Cisco's earnings report by gapping the stock price higher. In general this means that there is upward pressure on long-term yields as well as a reasonable trend for the dollar. Below is a comparison between ...
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Beware The Biases
by Janice Dorn, M.D., Ph.D. It is one thing to show a man that he is in an error, and another to put him in possession of truth...John Locke Cognitive biases describe the way you think--the operative ...
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Simplicity Has Sharpened John Murphy's Skills
by Jim Wyckoff "My work has gotten better due to simplifying my approach," John J. Murphy, the veteran technical analyst, author and CNBC resident technical analyst, told a group of equities and futures traders attending the Technical Analysis Group (TAG) XVI...
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