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Entries in ssp emini (2)

Wednesday
Apr132011

Emini Futures Trading / Will GS Increase Our Credit Line?

E-Mini S&P 500: Stellar expectations not for sellers?

It is the earnings season and the bulls have waited to grasp the positive flow of business to boost the economy! Technology stocks such as Riverbed Technology Inc. and EMC Corp. led the market higher. JPMorgan Chase & Co. stock fell after the bank’s chief executive remarked on a conference call that it was unlikely that there would be a dividend hike soon. Retail Sales were up .4 today, but this was the smallest increase in the last nine months. Business Inventories were up .5 less than expectations.  President Barack Obama has been setting the stage for his budget cuts in the deficit. The market sentiment seems to have changed perhaps since the budget meeting last Friday or perhaps after Goldman Sachs told their investors to liquidate their commodity positions.

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Thursday
Feb172011

Emini Futures Trading / SP Emini Reaches 1340 Weekly Zone

A Bullish Force to be reckoned with!

The E-Mini S&P 500 reached a high today of $1340.00 in the midst of a variety of adverse elements! It is amazing that the E-Mini S&P 500 could blow-off the two warships heading for the Suez Canal. The canal is owned and maintained by the Suez Canal Authority of the Arab Republic of Egypt. The market shrugged off protests in Iran, Yemen and Bahrain. The volume decreased slightly. The Initial Jobless Claims Report came in higher than anticipated increasing 25,000.

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