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... Red Dragon Leo

I don't know? It's up to JPM's earnings, which is released at 7am EST. Intel beat estimates with 40 cents earning, but that was what the “whisper number” was, not the 30 cent that was reported as the market estimate.

So, it didn't move the market. JPM will also have to beat the whisper number, not what the street posts. That's the key to moving the market. Will it? I don't know?

... Kmoney

I think you will get your correction soon (day or two)

But then we head to 1222 SPX.

... bear/bull

gap up tomorrow

... Red Dragon Leo

Thanks Pramod… that's what everyone is waiting on it seems…

... PRAMOD

JPM whisper number is 0.70

... Red Dragon Leo

I don't know? It's up to JPM's earnings, which is released at 7am EST. Intel beat estimates with 40 cents earning, but that was what the “whisper number” was, not the 30 cent that was reported as the market estimate.

So, it didn't move the market. JPM will also have to beat the whisper number, not what the street posts. That's the key to moving the market. Will it? I don't know?

... ameronne

gap up tomorrow

... Red Dragon Leo

Thanks Ameronne…

My posts are a little different then the usual charts and statistics that other blogs put up (all still worth reading though), as I like to think of it as a mixture between a site that does a lot of Technical Analysis, and one that talks about the corruption in the system, politics, and things of that nature.

I'm somewhere in the middle? You might see a post that contains charts one day, and some conspiracy theory the next. But, it's all directed at figuring out where the market is going next… which is what everyone wants too know.

Red

... bear/bull

love your blog keep up the good work

... bear/bull

Check the option pain for qqqq and spy. looks like more downward pressure though. option pain for qqqq is 44. Thats were option writers will make the most money