It had to happen. It was just a matter of time. What goes up, must come down, and after 8 days of higher closes, the S&P 500 futures (ESU15:CME) came down. So what should we talk about today? Should we talk about how Apple shares fell hard after the earnings report? Or should we talk […]
S&P 500 INDEX MONTHLY CHART S&P 500 5 DAY CHART U.S traders may not, like it but if you want to be part of the big moves in the markets, you have to start trading the European shift. As things go more global it’s going to mean more hours and a lot more focus. I […]
Things have quieted down on the trading floor over the last few days. The bond market is not as volatile as it was, and the S&P was flatlining for most of yesterday’s trading session. The concern that Janet Yellen may make some type of market moving comments just never came about, and that left the […]
Global traders are doing the Greek countdown. When I went to Google and searched the words “Greek referendum” there were 3,740,000 results. While I doubt all those stories are related to yesterday’s July 5, 2015 referendum, just the fact that are are so many references is astonishing for a country that only has 11 million […]
There has to be rules. It doesnt matter if you’re a trader, carpenter, doctor or a pilot, there has to be rules. When you drive a car you must follow the rules of the “road”, but when your trading futures, rules can sometimes be hard to follow…and when you dont follow them, you get […]
I started today’s Opening Print earlier than I generally do. Most of the time I start adding things before the S&P futures close. But I’m still writing it at 9 o’clock at night and then updating it at five in the morning. Over the last several weeks the S&P 500 futures has found itself in […]
The S&P 500 futures (ESH15:CME) continued its “shake & bake” price action yesterday with the E-mini S&P futures trading all the way up to 2046.50 in Globex after Apple reported better than expected earnings. It then sold off to 2011.00 at 1:30 CT and then all the way down to 1991.50 on the 3:15 futures […]
Wild swings in the S&P and crude oil futures continue to dominate the markets. After closing lower five days in a row, the S&P futures (ESH15:CME) gapped higher off the 8:30 open Tuesday, rallied slightly, then reversed lower, taking the futures down 25 points in the early going, then rallying 22 handles before going into the […]
S&P 500 Futures; Back To Where It All Began