Morning Commentary for Nov 11, 2009

by Mark Fenton on November 11, 2009

Today is Veteran’s Day and may God Bless all of our veterans and soldiers. Trading will likely be light today in the equity market. The report schedule is blank but we do have several news releases tommorow, jobs report .etc.

Futures are showing strength again today. It occured to me, that though many feel the economy is in a shambles and the rally is bogus many also didn’t believe the market would go higher during the tech boom but it did. Just trying to give some perspective. That being said, we can continue on with our income trading and this week calendars and butterflies come into focus for the Dec cycle. Vol is in the lower end of it’s recent range with a VIX of 22  so keep that in mind. Also Thanksgiving week is the week after expiration and that week tradiationally very low volume and vol.

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{ 2 comments… read them below or add one }

Antar November 11, 2009 at 12:33 pm

Anxiously waiting to get back testing software analysis with adjustments, learning spreadsheets linkage with TOS, Saving crucial information from power point and sections of webinarsCrucial pivet points/indicators mrk trend change initiating.
Heartfelt Thanks Antar Kalra

Tom Nunamaker November 12, 2009 at 3:01 am

Hi Antar,

Dan has announced that software is in the works. It’s in BETA at the moment. Release date hasn’t been set yet but shouldn’t be too long.

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