dashboard
What to check daily
World Markets,
to get an idea of what other markets (east and Europe) did overnight.
Let us take a look at some of the international markets.
France CAC40
FTSE 100
DAX
TOPIX,
is Japan capital (float) based stock market. It is broader that the Nikkei 225 (as this is 225 stocks) and it is capital, not price based.
This becomes more relevant when Japan Central Bank changes the interest rate over there.
And here is the
Nikkei 225
HANG SENG
Pre markets, from the night before an early am to get
also an idea of how the market is shapping up, specially if there was any news announced or expected.
Dollar Index DXY1, lower index means
liquidity and easing conditions which will lead to buying.
Daily Treasury Yield,
the 10 year is in the middle. The yield goes up and down based on FED policies and market conditions as well.
Germany Bond (10),
Japan (10),
Canada (10).
Daily Treasury Yield,
30 year.
German Bond(30),
Japan (30),
Canada (30).
One month Treasury Yield,
minutes (or close to it) data can tell us also what is happening overnight. If we start seeing that there is a dip in the rate, it means
there is a "flight to safety" and money if flowing out of equities.
3 month Treasury Yield,
can also help us detect the dip. And if this dips that means the "flight to safety" is at least in theory is going to be longer than
the 1 month period above.
FRED inflation, which can be related to the yield on treasuries in general.
The "dealers" will demand higher yield if the inflation expectation is higher.
And to help understand if the dollar moved up against other currencies or against commodities, realy rise, on can look at
Prices of gold and silver
and
Oil Prices 24/7
Repo and Reverse Repo Operations,
this show us what the banks are doing with their cash and how much they are "parking" at the FEDs.
The
Put/Call Ratio CBOE
is useful but can be misleading, since we do not know if the options being bought are a hedge or speculation on the market direction.
Another measure of market "calm" is the
VIX
Macros!
We can also prepare ourselves for "macro" news that might move the whole market intra-day, or for the next couple of days, by taking a look at what
reports/news are expected to be announced. Here are some resources:
Bloomberg Economic Calendar
BLS Calendar
The FEDs Calendar
Simple Trading Ideas
One of the trading "ideas", is what I call "event trading".
Here you know about and event coming up for a given company and you take sides, i.e. you formulate a thesis to
speculate if post that event (remember these are all public evens), the price of the stock will go up or down, and by how much.
If you are able to do this analysis correctly, you can make couple of bucks here and there.
So where do I find these events, you ask me! Here you go
Yahoo Earning Calendar shows up which
company is going to announce earnings this week and when, day and time.
Buyback Announcements
can also move a stock up drastically. Most of the "buybbacks" comes from companies that have cash.
So one can also look at the
US corps and see how much cash they are holding.
Ex div calendar allows you
to pick couple of dollars (the div) if you owned the stock on the ex-div date. Be careful, this is trickier than you think.
lockup expiration calendar
list the stocks that have been under "lockup" (cannot be sold) after having gone IPO (initial public offering).
After that some eager investors might sell a big lot to raise cash. That createsa move in the stock that you can "bet" on.
Shorting Stocks
As you might, or should, know that shorting stocks is one of the fastest way to loose money and hardest way to make money.
However, they return on it can have very high multiples on investment. Here are some shorting resources:
Muddy Waters Research.
Markets hours:
NYSE