es after hours

Manipulation
Insider trading
PPT
Short covering
profit taking
news us mere mortals haven't heard yet
Jim Cramer told his sheeple to short


Take your pick
 
Might be autos. Seein somethings about GM merging with Chrysler, however they deny. It might be in Presidents plan to avoid BK, not GM business plan. This is the only forceful news out there right now that I see. Maybe someone likes what is being tossed around. I wish I had a fly on the wall down there.
 
combo of bargain buyers and bailout speculators. Also, Dardin restaurants beet expectations, although LSI lowered guidance...
 
Quote from investwthme:

what was all that buying after hours? ok 1-5 point recovery but 892? after no good news?

You and the rest of the crew on this thread must be "new" to this game.

Tomorrow is "Triple Witching" and the December S&P futures contract just went off the board. Will settle for cash tomorrow morning with the settlement "print" from the opening.

Geezus, even my next door neighbor knows THAT!:D
 
Quote from Landis82:

You and the rest of the crew on this thread must be "new" to this game.

Tomorrow is "Triple Witching" and the December S&P futures contract just went off the board. Will settle for cash tomorrow morning with the settlement "print" from the opening.


Dec SPX options expired at close

ORACLE and RIMM earnings "favorable"
 
R U sure? I thought that they stopped trading at close, and settle with tomorrow's open. Therefore they can be manipulation tomorrow as well before the open.
 
Quote from investwthme:

what was all that buying after hours? ok 1-5 point recovery but 892? after no good news?

Options expiration is tomorrow, and some stop trading today. Trading in options can spread to undelying.

Remember this:

1. Well before expiration, options might be a derivative.
2. At expiration or day before it, undelying IS a derivative of the options.

Pay attention to point 2. I have explained it multiple times on RFT financialtraders blog. You need to understand the game, the whys, and the rules of the game.
 
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