Thursday
Feb102011
Emini Indicator Set / Special Offer Expires At Midnight
February 10, 2011 at 10:18 PM 
tagged emini trading, sp emini in emini indicators
emini trading, sp emini in emini indicators Entries in emini trading (17)
February 10, 2011 at 10:18 PM Thursday
Feb102011
Emini Futures Trading / Altitude or Attitude?
February 10, 2011 at 9:04 PM E-Mini S&P 500- cannot retain the altitude?
The E-Mini S&P 500 tried to soar to the highs, but it took from early morning to almost the close to reach the high of $1320.50. The gravity of Cisco Systems Inc.'s weak earnings down 14% decelerated any potential ascend of the E-Mini S&P 500. If the lift of this market cannot climb through the previous high of $1322.25, we could see some topping action and a potential descent. Wal-Mart Stores Inc and Kraft Foods Inc came in with less than desirable earnings. Pepsi Co reduced their growth earnings (even after a cameo appearance by their CEO on Gossip Girl) and Credit Suisse missed their profit marks.
tagged emini trading, sp emini
emini trading, sp emini Tuesday
Jan252011
Emini Futures Trading / Dow 12,000?
January 25, 2011 at 10:12 PM Stuck in the mud but traders eyeing 12,000 in DJIA!
Traders’ hedging their bets going into tonight’s Presidential address and tomorrow’s FOMC meeting created a late surge in the SP EMINI offsetting disappointing earnings, overnight news out of the UK and overnight weakness in commodity prices. The trading day started in the hole when commodity prices fell with metals and energy weighing on the sector. Also weighing on the SP EMINI last night, U.K. data showed that the economy across the pond was contracting at a rate not seen since 2009. Disappointing earnings from notables like 3M, JNJ and American Express weighed on stocks.
tagged dow emini, emini trading, sp emini
dow emini, emini trading, sp emini Monday
Jan242011
Emini Futures Trading / PPT Hard At Work Ahead Of Speech?
January 24, 2011 at 7:48 PM Earnings and the material sector keep us positive on the day!
Without any major economic news today the focus was on earnings and the chart. Intel had a share buy back program to renew some optimism. Shares of Alcoa were up 4% as they forecast further demand. Copper demand was also up based on China’s growth. Other stocks were mixed. The real question is whether this market can penetrate $1296.25 ? This particular zone becomes pivotal in the direction of the E-Mini S&P 500 as traders size up the bulls and some of the key components of a bull market.
tagged dow emini, emini trading, sp emini
dow emini, emini trading, sp emini Wednesday
Jan192011
Emini Futures Trading / Full Moon Double Top
January 19, 2011 at 4:41 PM President Obama met today with China's smiling president Hu Jintao and confronted him about China’s dismal human rights record, its history of technological piracy and the manipulation of its currency. He insinuated that Hu is simply the front man for a vicious communist apparatus that uses that nation’s 1 billion+ impoverished citizens as dispensable workers to create wealth for itself in the international trading system.
(you wish)
Friday
Jan142011
Emini Futures Trading / SP Closes At Multi-Year High
January 14, 2011 at 4:13 PM Again, Read the tape and quit trying to buck the trend…1300 is on the horizon
We walked into the morning session with the indices lower because the Bank of China raised there reserve requirement. Asian markets were trading lower which set the stage for a lower opening. Restricting the money supply put pressure on commodity prices overnight, especially gold and silver which couldn’t recover and finished the day down 2%-3% and on its backside for the week. JP Morgan reported before the opening bell and beat expectations thus lifting financial stocks along the way. Then we were hit with a slew of mixed economic reports. Retail Sales rose 0.6% in December but missed the forecast. Consumer Confidence fell to 72.7 from 74.5 but the street was expecting something better. Consumer Price Index or CPI rose 0.5% in December, the largest increase since June 2009. Whew, that was a mouth full. How do you make a trading decision based on all that? My advice, you don’t just look at a chart.
tagged daytrading, emini trading, sp emini
daytrading, emini trading, sp emini Thursday
Jan132011
Emini Futures Trading / SP 1300 In Focus
January 13, 2011 at 7:39 PM from the trading desk of CFRN
Retail traders leave your opinions at the door! Next stop 1300
On the economic front today we had a few things that rocked the boat. Weekly Unemployment claims missed the mark, claims jumped +35,000 last week to the 445,000 level or a 2 month high. The Producer Price Index or (PPI) reported an uptick in wholesale prices of 1.1% in December (no kidding???- heck my babysitter is asking for more money). Last night the BOE and ECB left rates unchanged as widely predicted and Bernanke at an FDIC forum says he sees lending to small business picking up this year. Now that our minds are filled with this fundamental information, what does that mean and how do we use this to our advantage?
