Emini Futures | Learning To Trade The New Markets

The E-Mini S&P 500 Emini Futures broke through the $1408.00 previous high and climbed to $1415.50!  Federal Chairman Ben Bernanke spoke today about continuing the central bank’s accommodative monetary policy to further improve the US job market. Chairman Bernanke addressed the National Association for Business Economics further confirming the ‘extended period’ was still in place for some time to come or the projected 2014. The National Association of Realtors reported that the Pending Home Sales Index decreased by 0.5% to 96.5. Forecasts had been for an increase of 1.0 in February after the 2.0 increase in January.  

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Emini Futures Podcast | Friday March 23, 2012

The E-Mini S&P 500 closed on the highs of the day in the midst of disappointing New Home Sales numbers and the concerns emanating from a slowed Chinese economy and potential recession fears in Europe. This bullish trend has endured mixed data and contagion fears of potential defaults in the Euro Zone. The resilience has been astounding. US New Home Sales decreased by 1.6% to a seasonally adjusted 313,000 unit annual rate. This report was forecast at 325,000 unit annual rate. The housing market is still depressed with a multitude of foreclosed homes weighing on the market. There were still 150,000 units of new homes in inventory on the market as of last month. The recent upbeat US data has the investment world dismissing the potential QE3, but reports such as this may put stimulus right back on the table.

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Emini Futures | Trend Line Basics Part 2

The S&P500 Emini Futures broke the trading range of the past 3 days. Our Weekly Trading Zones at 1403/1404 have held the top in check and there have been no hourly closes this week below our 1395/1396 Zone. Until today...

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Emini Futures Podcast | Wednesday 03/21/12

>The E-Mini S&P 500 trended down to the low of the day as Existing Home Sales did not meet expectations! The National Association of Realtors reported that existing home sales decreased 0.9 % to an annual rate of 4.59 million units last month from the revised 4.63 million units the previous month.   

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Emini Futures | Fibonacci Made Simple

Fibonacci made simple is akin to Jumbo Shrimp. In other words, "Is that really possible?" For the uninitiated, let's turn first to the man and then the math.

Who? - Fibonacci, or more correctly Leonardo da Pisa, was born in Pisa in 1175AD.

What? - Fibonacci is perhaps best known for a simple series of numbers, introduced in Liber abaci and later named the Fibonacci numbers in his honour.

The series begins with 0 and 1. After that, use the simple rule:

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Emini Futures | SP500 Reaches 1400

The S&P500 Cash Index reached the 1400 milestone today after 4 years. That puts us just 150 S&P points from the all time high. I'm curious how you view this development. Please use the comment section at the bottom of this post to share your thoughts.

S&P500 Emini Futures

Last night we suggested that price would find its way to either 1396 or 1377.

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Learn Emini Futures Trading | Live Emini Trading Room

The S&P500 Emini Futures have spent the last 32 hours without touching a Weekly Trading Zone. We are in the upper area of a 20 point range and the bulls are running like it's Spring in Pamplona. If you're going to run with them, just make sure you don't trip over the Vix. Tomorrow night I hope to cover as time permits, some information on both the VIX and the VXN as provided by our Co-host Mike Reed of TradeStalker and our good friend Garrett Jones.

S&P500 Emini Futures

I know it doesn't feel like it, but you and I have just spent the last 3 years in one of the greatest bull runs in history. Really?

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Emini Futures Bullish After Fed Announcement

S&P 500 Futures rallied strongly after today's Fed announcement. 

DJIA rose 1.68% to 13,177.68, above 13k level and 2012 record; Nasdaq jumped 1.88% to 3,039.88 above 3k Level and 11-year high. S&P 500 climbed 1.81% to 1,395.96 (Close to the 1.400 level never reached since June 2008). This gains were spurred by a J.P. Morgan Chase & Co. announcement that it had passed the stress test. J.P. Morgan said it will raise its dividend and has already announced a $15 billion stock buyback plan.

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Emini Futures Trading Range 03/09/12

The S&P500 Emini Futures spent the majority of today's session churning inside a 9 tick range. Not a 9 point range - 9 ticks. We are in the midst of rollover, there are solar storms raining down, Greece continues the default dance and Iran is playing hide and seek with enriched uranium. That should create a bit of volatility don't you think?

Is this the quiet before the storm? Are we putting in a top? Something bigger perhaps?

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Emini Futures Rollover Into Solar Storm 03/08/12

US and European Markets staged a continued rally into tonight's solar storm. The storm is part of the sun’s normal 11-year cycle, which is supposed to reach a peak next year. Solar storms don’t harm people, but they do disrupt technology. And during the last peak around 2002, experts learned that GPS was vulnerable to solar outbursts.

There is also a theory that along with disrupting technology these solar storms can have a dramatic effect on the financial markets. The Atlanta Fed commissioned a study of this phenomena in 2003. According to the report stocks tend to underperform during the days following a solar storm.

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