Strange things seem to happen after a quadruple witch expiration and especially one that is intertwined with a three-day weekend. That is exactly what took place on Tuesday as the…
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Market participants clamored for a 0.75 hike in interest rates and the Fed delivered. The overall reaction to the move was positive. We will wait to see how long that…
The S&P 500 index futures have had quite a few three and four-day losing streaks in 2022, but have set a new record for the year, with its fifth down…
On Thursday, the S&P 500 index futures tried to warn investors that the May Consumer Price Index data was not going to be better than expected. It did so by…
The bad news about a trading range is that it provides for choppy and meandering price action. The good news about a trading range is that once it is violated…
The S&P 500 index futures are sometimes extremely volatile and sometimes they are not. Over the past seven sessions, the index has been in a well-defined trading range from 4071.50…
Investors were prepared to ride the week out and wait for some potential good news on the inflation front, with the release of the Consumer Price Index. However, Target Corp,…
Just as Friday’s decline of 68.25 handles in the S&P 500 index futures equated to a minor win for the week, today’s gain of 13.50 handles is a significant daily…
After Thursday’s robust rally, the S&P 500 index futures never had a chance of going green during the regular session. Whether it be the stronger than expected jobs number or…
As of late, the S&P 500 index has been making sharp moves down on bad news from just one company, whether it is a major component or not. That certainly…
