A pullback to 14,000 would be very productive. Earnings are fast approaching. We may not get a decent correction.
%%A pullback to 14,000 would be very productive. Earnings are fast approaching. We may not get a decent correction.
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%%That was such a cute little squirt up in the stock index futures. Happened in the last 30 seconds of cash markets. Traders are still afraid to hold short overnight. Remember 2/3 of all gains in stock index's occur during the U.S. overnight session. Today's nasty selloff may be erased tonight on 1/10 the volume.
You know good and well the big tech companies are going to report blowout numbers. Afraid to hold short coming right up.
With the closing order imbalance clearly on the sell side the chance of a big ON rally are high.
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That was such a cute little squirt up in the stock index futures. Happened in the last 30 seconds of cash markets. Traders are still afraid to hold short overnight. Remember 2/3 of all gains in stock index's occur during the U.S. overnight session. Today's nasty selloff may be erased tonight on 1/10 the volume.
You know good and well the big tech companies are going to report blowout numbers. Afraid to hold short coming right up.
Intriguing. Where do you get this info? I'm eager to see if there is statistical value in this metric.With the closing order imbalance clearly on the sell side the chance of a big ON rally are high.
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