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Entries in jackson hole (2)

Wednesday
Aug292012

Soybean Daytrader, Barbed Wire And Jackson Hole

Another quiet day on Wall Street but as Globex gets underway we are breaking to new lows on the S&P 500 Emini Futures and may even trigger a Tweet issued earlier this week.

SP 500 Emini Futures(ES) S&P 500 Emini Futures

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Wednesday
Aug292012

Emini Podcast For Tuesday August 28, 2012

And you thought Monday was quiet? The 1405/1406 Weekly Trading Zone has defined itself so far this week as support and now as the center of gravity. The low of the day came in the first few minutes down at 1403.50 and then quickly reversed to put in the high of the day up at 1412. That's a daily range of 8.5 points. After that it was flat, followed by more flat. If trader's are simply laying low and waiting for a big news surprise out of Jackson Hole they may be in for a surprise they aren't expecting. Even Draghi has decided not to show...

Jeff Miller over at Seeking Alpha summed it up quite nicely when he tied the following two headlines together - 

From the LA Times:

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