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S/R Emini Journal
- Thread starter 4re
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This from Yahoo Finance:
09:00 am : S&P futures vs fair value: +5.2. Nasdaq futures vs fair value: +9.8. Stage remains set for the indices to open on a strong note as investors come to grips with the fact that fundamentals haven't changed nearly as much as market sentiment. Despite very little in the way of corporate news and no economic data on the docket to set the tone, the fact that selling has extended beyond a fundamental reaction to an extra 0.1% on the core CPI and left stocks at very reasonable valuations could be warranting the market bottom that many on Wall Street have been looking for to get back into stocks.
09:00 am : S&P futures vs fair value: +5.2. Nasdaq futures vs fair value: +9.8. Stage remains set for the indices to open on a strong note as investors come to grips with the fact that fundamentals haven't changed nearly as much as market sentiment. Despite very little in the way of corporate news and no economic data on the docket to set the tone, the fact that selling has extended beyond a fundamental reaction to an extra 0.1% on the core CPI and left stocks at very reasonable valuations could be warranting the market bottom that many on Wall Street have been looking for to get back into stocks.
Quote from saico:
In premarket, had to take a little heat. Out +2.0.
Good job, Dude
Did you take the trade you called yesterday?
I got in at 1272.25 and got out at 1274.75. I still think we will go higher but I wanted to bank some money. I am currently watching the live S&P index also and if we break the high of Friday which is 1272.15 I think we could have a nice up day today. I will not trade anymore today but will still be watching adnd chatting here while doing paperwork.
Quote from 4re:
Good job, Dude
Did you take the trade you called yesterday?
I got in at 1272.25 and got out at 1274.75. I still think we will go higher but I wanted to bank some money. I am currently watching the live S&P index also and if we break the high of Friday which is 1272.15 I think we could have a nice up day today. I will not trade anymore today but will still be watching adnd chatting here while doing paperwork.
I was just watching yesterday, 4re. Glad it worked out nicely today. Good job, 4re!
Saico
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