The mascot of the Giants in Major League Baseball is a beloved figure that brings joy and entertainment to both fans and players alike. The Giants, based in San Francisco, California, have a rich history in the sport and their mascot adds to the tradition and excitement that surrounds the team. The mascot of the Giants is known as Lou Seal. Lou Seal is a fun and energetic character who can be seen at every home game, interacting with fans and cheering on the team. Lou Seal is named after famous San Francisco baseball player Lou Gehrig and is often found wearing the team's colors of black and orange. Lou Seal's main role is to entertain the crowd during the game.
Quadruple witching is a market day when single stock options, stock index options, single stock futures, and stock index futures all expire. Quadruple witching days typically see above-average trading volume, although this volume isn’t necessarily accompanied by above-average volatility.
Stock index options are similar to single stock options, except that they represent an entire stock index such as the S P 500 instead of an individual stock. The derivatives involved in quadruple witching are often used for hedging and represent small holdings relative to the stock positions that many institutional investors maintain.
Lou Seal's main role is to entertain the crowd during the game. Whether it's dancing on the dugout or engaging in playful antics with fans, Lou Seal always brings a smile to everyone's face. Lou Seal also interacts with the players, often mimicking their actions and joining in on celebratory moments.
What is Triple Witching Day - and Should You Worry About It?
Friday was triple witching day, meaning that stock options, stock index options and stock futures contracts were all due to expire. This happens four times a year and can lead to increased volume, as money is moved around resulting in sometimes unusual (or spooky) price action.
The S&P 500 (SPY), Nasdaq 100 (QQQ) and Dow Jones (DIA) all closed under their previous day's close, while the Russell 2000 (IWM) held over its previous day close. The odd behavior of these 3 indices on a triple witching day leads me to believe they might be the witches of today's market.
This reminds me of a great satirical movie called Monty Python and the Holy Grail, which in one scene depicted the 13th century townsfolk using common logic to figure out if someone is a witch. They decide that, because it's common practice to burn witches, witches must burn because they are made of wood.
Wood floats on water. Ducks also float on water. Therefore, if a person weighs the same as a duck, they are a witch! (Here is a link to the clip. )
With that said, we should listen to what the indices have to say and decide for ourselves whether it's meaningful or if they are speaking in tongues.
The QQQs broke to new highs last Wednesday when it cleared 308.60. Though it dipped to 307.61 Friday, QQQs closed over the 308.60 support area.
SPY was also able to hold an important support level from the 10-day moving average at 368.50. Below that is support from the previous week's low at 363.26.
The DIA is also holding over its 10-DMA at 301.50, which means it's safe for now. Also seemingly safe, the IWM sits not far from the highs and is currently above the 10-DMA.
It looks as though the indices have passed their witch trial. for now. A break of their key support levels would make them questionable and give us reasons (as in Monty Python) to weigh them against a duck.
Of course as the market obviously weighs considerably more than a duck, we do believe that the Friday sell-off could be nothing more than a one day event.
Mish covers "Fast and Fast Casual" food in this week's episode of StockCharts TV's Mish's Market Minute. Taking a deeper look into stocks that are disrupting the food market by using technology to enhance the consumers experience. These stocks are investing in things such as: app ordering, prediction of order based on license plate scanning, automated ordering, different payments methods, and much more.
- S&P 500 (SPY): Support 363.26 if can't hold the 10-DMA at 368.50
- Russell 2000 (IWM): Support 192.03 the 10-DMA
- Dow (DIA): 298.68 support. 303.80 to clear
- Nasdaq (QQQ): Holding over 308.60, with more support the 10-DMA at 306.26
- KRE (Regional Banks): Resistance 200-week moving average 52.70 to clear. Support 48.48
- SMH (Semiconductors): 221.79 high to clear. Support 210.41. If cant hold, 10-DMA at 216.82
- IYT (Transportation): Looking for a close over the 10-DMA 222.90
- IBB (Biotechnology): 152.13 level to hold. 156.40 high to clear.
- XRT (Retail): 62.16 support
Mish Schneider
Director of Trading Research and Education
Forrest Crist-Ruiz
Assistant Director of Trading Research and Education
About the author: Mish Schneider serves as Director of Trading Education at MarketGauge.com. For nearly 20 years, MarketGauge.com has provided financial information and education to thousands of individuals, as well as to large financial institutions and publications such as Barron’s, Fidelity, ILX Systems, Thomson Reuters and Bank of America. In 2017, MarketWatch, owned by Dow Jones, named Mish one of the top 50 financial people to follow on Twitter. In 2018, Mish was the winner of the Top Stock Pick of the year for RealVision. Learn More
Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies for financial brands.
In addition to being a source of entertainment, Lou Seal also contributes to the team's philanthropic efforts. Lou Seal frequently visits local schools and hospitals, spreading joy and positivity to children and patients. This outreach helps to strengthen the team's bond with the community and make a difference in the lives of others. Overall, the mascot of the Giants in Major League Baseball, Lou Seal, plays an important role in creating a fun and engaging atmosphere for fans of all ages. It is a symbol of the team's rich history and tradition, as well as their commitment to the community. Lou Seal's presence adds an extra element of excitement to the game and helps to create lasting memories for fans of the Giants..
Reviews for "The Giants' Mascot and the Role of Sports Entertainment in Major League Baseball"
1. Sara - 2 stars:
As a baseball fan, I was excited to read "Mascot of the Giants in Major League Baseball" in hopes of gaining some insight into the mascot's role and impact on the team. However, I was left feeling disappointed and underwhelmed. The book barely scratched the surface of the mascot's history and failed to provide any meaningful information. The writing was dull and lacked depth, making it a tedious read. Overall, I found the book to be a missed opportunity to explore an intriguing aspect of the game.
2. Mark - 1 star:
I couldn't have been more disappointed with "Mascot of the Giants in Major League Baseball." The book failed to capture my attention from the start and seemed to lack any real substance. The author missed the mark on delving into the mascot's significance and its impact on the team and fans. The writing felt disjointed and poorly organized, making it difficult to follow. I would not recommend this book to any serious baseball fan looking for an in-depth exploration of mascots in Major League Baseball.
3. Emily - 2 stars:
"Mascot of the Giants in Major League Baseball" was a letdown for me. I expected a captivating narrative that would delve into the mascot's journey and significance within the team. However, the book fell flat, offering little more than superficial information. The writing lacked depth, and the author failed to capture the essence of the mascot's importance in the team's history. It felt like a missed opportunity to explore the mascot's impact on the fans and the team's culture. Overall, I found this book to be a lackluster read that did not live up to my expectations.