Relax, it won't fall far...CNBC needs to tell the lunch crowd. The Dow had been down over 200, but has since recovered and is well off the low...same thing over and over.
Record unemployment, record stock market....yet fed funds rates still at crisis levels....unbelievable. We should be at 4-5% at this point in the cycle....distortions all over the place.
I suspect someone knows exactly what the fed is going to say and do today. Naz 100 is setting another record. Can it drag the SP500 AND DOW along. Seems to be a struggle today.
Nothing happens during the US session, movement occurs at night after the cash close. Been watching this for 15 years....it really is the same thing over and over and over. Super easy making free money when you know how the stock index futures work.
Ok people you know the drill....stock index futures rise overnight....just go long at the cash close, go to sleep wake up and count you free money...simple as that.