Browsing the blog archivesfor the day Thursday, March 5th, 2009

To Get a Feeling for the Day’s Market

Economy

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.

I Take CNBC with More Than One Grain of Salt

Economy, Heavy Lifting, Humor

It isn’t wise to slavishly follow what is shown on CNBC, and for heavens sake, when they start yelling, mute it!