The market was priced for perfection for May’s Consumer Price Index data and it did not disappoint, coming in below estimates. Investors had been leaning that way over the past…
When there is no daily resistance in the S&P 500 index futures, there really is no daily resistance. As evidenced by the index tacking on 38 handles at the closing…
In today’s premarket trading, the S&P 500 Index was primed for a bullish breakout. The E-mini Futures opened strong at 4302, promptly eclipsing the premarket high and skyrocketing to the…
This week’s consolidation phase persisted in today’s trading session, with the S&P E-Mini Futures holding support around the 4265 area and resistance around the 4305 area. The session kicked off…
Any bullish traders observing the S&P 500 Futures Index during this morning’s premarket trading likely felt a glimmer of optimism, as the index breached the 4300 level within the first…
It was an inside day for the S&P 500 index futures, posting a trading range of just 26.25 handles. The day’s action was restrained below the 4300 level as dips…
The mixed tape in Monday’s premarket session was a precursor to the upcoming price action. While the S&P 500 index futures were in the green, it was not an “everything…
The rally that began off the opening regular sessions had legs. Even though the unemployment rate ticked up (3.5% to 3.7%), the economy still exhibited strong job growth for the…
Investors showed no concern whatsoever for the May jobs reports that will be released at 8:30 AM EST on Friday. For now, they are convinced the Fed is going to…
The S&P 500 index futures ended a three-day winning streak, falling by 24.50 handles at the closing price of 4190.50. The mild retreat made the index basically a scratch for…