Today’s Market

To get a feeling for the day’s market I like to start with Philip Davis. Phillip Davis writes a column each day entitled Options Trader . He has a service aimed at options traders that I don’t subscribe to, but his daily summary comments, although aimed at his options traders, give some good insights into where he thinks things are heading, certainly on a short term basis, and sometimes looking out further. I guess I would add his articles give me a feeling for the “tone” of the daily financial markets. If I want to go a few levels deeper into detail then I look for David Fry’s latest charts here.