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Big winner in G20=China. Trump will mouth off about the big win for farmers, its the same line from months ago. China will sit and wait for Trump to cave in before the election, and he will cave in. He gave in on Hauwei. But will try and spin it as a win.

Every financial news outlet is stating relief rally on Monday, based on a truce bewteen China and the US. China won in this meeting. They came away with Huawei ban lifted. US got nothing. So expect a GIANT gap up in the index futures tonight. New all time highs. With all this exuberance do you...

I just don't see the FOMC cutting with the stock indexes hitting all time highs. They will appear political captive. What a complete waste of bullets if they did. Can't wait for the jobs report.

Bearish setup in weekly. Im sure its just another fake out.

What a little squirt up in the last 5 minutes of cash markets. Most called it a day after lunch. Sideways for the last few days, then ramp up in the last 5 minutes. Guess end of month and end of Q2 had something to do with it.

So whats Trump going to say after the markets close, he usually waits till around 7pm EST. But hes overseas so who knows. Markets are waiting.

OK folks you know the drill....buy the cash close for the overnight drift higher. Wake up ring the register, go play golf. This is hard stuff.

Spot on!

So here we are again, SP500 making new all time highs, and the markets want a rate cut, this is insane. I saw nothing from the FOMC that said a rate cut was coming. Shoot I forgot fake news is what moves the markets.

SP500 30 points shy of all time high. And the FOMC is going to cut rates.....Give me a break, a complete waste of ammunition. They will appear completely captive to political pressure. Although Powell is a complete WIMP. So much for that head and shoulder pattern. Every single time the markets...

That's what im thinking. FOMC loves there data dependent stance. How can they cut rates with the markets almost back to all time highs and not look politically captive. I just don't see it, unless they just don't care.

Markets soaring right before the big Trump 2020 re-election announcement. Trump just said he and the China dude will meet next week. This all smells of politics. But Trump has sure gamed the markets more than any other sitting president.

Very unusual for the ECB to make hints of stimulus one day before the FOMC announcement. Has me thinking the FOMC may have patience in the statement. In other words the FOMC will sit tight.

Nice overnight move for those who stay up all night. Today for the US traders, a nothing burger, Sideways range.

I believe the exchanges where helping with the launch of the new micro futures on May 6th by creating volatility, and it worked new products did very well. Question is, how will the micro futures do this summer. The micro contracts have to move to make it worth while, or commissions will start...

Hard to earn with limited movement. You either increase leverage to make up for lack of movement or stand aside. Or pick a side.... sit and wait. Trouble is Trump could tweet at any moment he is raising tariffs on more Chinese goods.

Last few days are a sneak peek into the summer doldrums. May have to go sell snow cones if the market stops moving.

You can always trade the new Micro index futures. Tax treatment is much better than equities. No 25k needed.

All time highs in sight, they won't rest until a new high is hit. Kick back and enjoy the ride up folks. It will happen before the end of June-Q2

Most of the incoming economic data will be designed to support the FOMC rate cut.