It is not often that you can say that one issue “saved” or destroyed the markets. However, in Monday’s session, the bulls were bailed out by a Morgan Stanley analyst,…
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The S&P 500 Index Futures faced several tests of support earlier this week as bulls repeatedly defended the 4475~4480 area. This culminated on Friday when the premarket session saw this…
The S&P 500 Index had its resurgent momentum stalled abruptly today, after what began as promising premarket and regular sessions. Both the overnight and premarket trading sessions witnessed a dominance…
After a four-day losing streak was interrupted on Monday, the S&P 500 index futures were lower for the second day in a row. That brings the series of losses to…
Following Fitch’s downgrade of the US’s credit rating last week, Moody’s lowered its credit rating on several US banks. That started a selloff in premarket trading that continued into the…
When the S&P 500 index futures start the week at one extreme of the previous week’s range, the stage is set for follow through on the following Monday. After Friday’s…
The S&P 500 index futures is in the midst of its first four-day losing streak since mid-February. After ending last week at 4606.50, the index shed 23.75 handles for the…
The S&P 500 index futures had its first three consecutive days in either direction since mid-July and that last streak was to the upside. That came in the midst of…
In order for a trading instrument to reverse a trend, it needs a catalyst. This recent rally was rudely interrupted by a downgrade of US debt from AAA to AA+…
The herky-jerky price action in the S&P 500 index futures continues. Since the index’s three-day winning streak in mid-July, the index cannot put together a string of three consecutive days…
