August Volatility Gives Traders Opportunities

This morning, the S&P 500 Index e-mini futures (ES-U3) are trading lower by 3.25 points to 1647.25 per contract. Most traders and investors will be eagerly awaiting the FOMC minutes from the last meeting, the minutes will be released at 2pm EST. There are many leading retail stocks such as Target Corp. (TGT), Lowe’s Companies Inc. (LOW), American Eagle Outfitters, Inc. (AEO), and other that have reported earnings before the opening bell. This should give traders some early morning volatility and potential trading opportunities.