Futures Trading Closing Market News
The Dow closed up 41.19 at 12,254.99 and the Nasdaq closed up 12.53 at 2272.81. Transports closed up 50.80 at 4663.97.
Total volume on the NYSE was average trading 1.61 billion shares. Up/down volume was 1.65 to 1 positive, Nasdaq up/down volume was 1.86 to 1 positive.
March E-mini S&P Futures closed up 8.50 at 1335.50 and the March Nasdaq 100 Futures closed up 17.00 at `759.50. March E-mini S&P Futures total volume was above average trading 2.46 million contracts. June 30 Yr. T-Bond Futures are trading down 1-17 at 116-10.
April Oil Futures closed up 5.00 at 104.52 and April Natural Gas Futures closed up .39 at 9.74.
April Gold Futures closed up 23.20 at 988.20 and May Silver Futures up .95 at 20.79.
Grains were mixed with May Wheat Futures closing up 17 ½ cents, May Beans closed down 2 ¼ at 15.08 ½, and May Corn closed up 12 ¼ at 5.67.
April Live Cattle Futures closed down .60 at 90.60 and April Feeder Cattle closed down 0.625 at 104.30. April Lean Hogs closed down 0.075 at 56.775.
“Without courage, wisdom bears no fruit.”
Author: Baltasar Gracian
AS I SEE IT: Overnight the market traded a little higher and our regular session market gapped up on the open. The market rallied nicely until mid-day when there was an announcement that Ambac trading was halted. Then the market started trading radically to the downside. There was a rally into the close.
Trading patterns were not the best for day traders today after the Ambac announcement. This Bear Market will have some strong rallies along the way, but I still think traders want to sell those rallies.
I HOPE YOU MADE MONEY TODAY!
Have as much fun trading as I do!
Ray
P 303-796-1005
F 303-796-1023
www.SoaringPhoenixLLC.com
soaringphoenix@qwest.net
www.SoaringPhoenixLLC.blogspot.com
Total volume on the NYSE was average trading 1.61 billion shares. Up/down volume was 1.65 to 1 positive, Nasdaq up/down volume was 1.86 to 1 positive.
March E-mini S&P Futures closed up 8.50 at 1335.50 and the March Nasdaq 100 Futures closed up 17.00 at `759.50. March E-mini S&P Futures total volume was above average trading 2.46 million contracts. June 30 Yr. T-Bond Futures are trading down 1-17 at 116-10.
April Oil Futures closed up 5.00 at 104.52 and April Natural Gas Futures closed up .39 at 9.74.
April Gold Futures closed up 23.20 at 988.20 and May Silver Futures up .95 at 20.79.
Grains were mixed with May Wheat Futures closing up 17 ½ cents, May Beans closed down 2 ¼ at 15.08 ½, and May Corn closed up 12 ¼ at 5.67.
April Live Cattle Futures closed down .60 at 90.60 and April Feeder Cattle closed down 0.625 at 104.30. April Lean Hogs closed down 0.075 at 56.775.
“Without courage, wisdom bears no fruit.”
Author: Baltasar Gracian
AS I SEE IT: Overnight the market traded a little higher and our regular session market gapped up on the open. The market rallied nicely until mid-day when there was an announcement that Ambac trading was halted. Then the market started trading radically to the downside. There was a rally into the close.
Trading patterns were not the best for day traders today after the Ambac announcement. This Bear Market will have some strong rallies along the way, but I still think traders want to sell those rallies.
I HOPE YOU MADE MONEY TODAY!
Have as much fun trading as I do!
Ray
P 303-796-1005
F 303-796-1023
www.SoaringPhoenixLLC.com
soaringphoenix@qwest.net
www.SoaringPhoenixLLC.blogspot.com
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