Wednesday
Feb022011
Emini Futures Trading / Daily Podcast
February 2, 2011 at 9:30 PM 
tagged futures trading, sp emini
futures trading, sp emini Entries in sp emini (108)
February 2, 2011 at 9:30 PM Monday
Jan312011
Emini Futures Trading / Markets Climb A Wall Of Worry
January 31, 2011 at 9:26 PM End of the correction or a retracement of Friday’s range?????
After a bleak opening last night or almost ¾% lower, the SP EMINI did an about-face and finished the day almost 1% higher. Today was a different day, traders ignored the potential risks in Egypt; tomorrow it could be a different attitude but the bottom line is the uncertainty is keeping traders on their toes and guessing. The positive attitude today took the “flight to quality” assets lower like the Gold, US Dollar and the 30yr.bond. However, crude acted like it was on steroids posting a 3% move today. On the economic front today, the Chicago PMI said that the business activity in the region rose to 68.8 in January from 66.8 in December. Remember a reading over 50 indicates expansive business activity.
Wednesday
Jan262011
Emini Futures Trading / Prosperity for God's People
January 26, 2011 at 9:09 PM Emini Daytrading post State of the Union, pre Fed Interest Rate Decision.
tagged daytrading, dow emini, sp emini
daytrading, dow emini, 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)
Monday
Jan172011
Emini Futures Trading / Will The Market Ever Drop Again?
January 17, 2011 at 5:30 PM I've officially given up my vainglorious quest to be the smartest guy in the room. Today, I'm quietly content just knowing which one he is. Here's what he thinks...
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 
