Futures Trading
CLOSING MARKET NEWS
April 3, 2008
The Dow closed up 20.20 at 12,626.03 and the Nasdaq closed up 1.90 at 2363.30. Transports closed up 26.63 at 4999.33.
Total volume on the NYSE was below average trading 1.25 billion shares. Up/down volume was 1.44 to 1 positive, Nasdaq up/down volume was 1.59 to 1 positive.
June E-mini S&P Futures closed up 2.50 at 1373.50 and the June Nasdaq 100 Futures closed up 5.00 at 1867.25. June E-mini S&P Futures total volume was below average trading 1.59 million contracts. June 30 Yr. T-Bond Futures are trading up 0-04 at 117-18.
May Oil Futures closed down 1.00 at 103.83 and May Natural Gas Futures closed down .41 at 9.42.
June Gold Futures closed up 9.40 at 909.60 and May Silver Futures closed up .30 at 17.48.
Grains were higher with May Wheat Futures closing up ½ cent at 9.37, May Beans closed up 14 cents at 12.57 and May Corn closed up 4 ¼ at 6.00.
June Live Cattle Futures closed up 1.525 at 89.075 and May Feeder Cattle closed up 1.25 at 100.80. April Lean Hogs closed up 3.00 at 69.60.
“If you have always done it that way, it is probably wrong.”
Author: Charles Kettering
AS I SEE IT: The market sold off early this morning on the Jobless Claims report but when our regular trading session opened it started a rally that took it up on the day. Traders will be paying attention to the Employment Situation at 8:30ET tomorrow.
The market has had two days of consolidation after the strong Tuesday rally. Short term today the market wanted to continue the rally so I’ll want support prices to hold if this rally is going to continue.
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
April 3, 2008
The Dow closed up 20.20 at 12,626.03 and the Nasdaq closed up 1.90 at 2363.30. Transports closed up 26.63 at 4999.33.
Total volume on the NYSE was below average trading 1.25 billion shares. Up/down volume was 1.44 to 1 positive, Nasdaq up/down volume was 1.59 to 1 positive.
June E-mini S&P Futures closed up 2.50 at 1373.50 and the June Nasdaq 100 Futures closed up 5.00 at 1867.25. June E-mini S&P Futures total volume was below average trading 1.59 million contracts. June 30 Yr. T-Bond Futures are trading up 0-04 at 117-18.
May Oil Futures closed down 1.00 at 103.83 and May Natural Gas Futures closed down .41 at 9.42.
June Gold Futures closed up 9.40 at 909.60 and May Silver Futures closed up .30 at 17.48.
Grains were higher with May Wheat Futures closing up ½ cent at 9.37, May Beans closed up 14 cents at 12.57 and May Corn closed up 4 ¼ at 6.00.
June Live Cattle Futures closed up 1.525 at 89.075 and May Feeder Cattle closed up 1.25 at 100.80. April Lean Hogs closed up 3.00 at 69.60.
“If you have always done it that way, it is probably wrong.”
Author: Charles Kettering
AS I SEE IT: The market sold off early this morning on the Jobless Claims report but when our regular trading session opened it started a rally that took it up on the day. Traders will be paying attention to the Employment Situation at 8:30ET tomorrow.
The market has had two days of consolidation after the strong Tuesday rally. Short term today the market wanted to continue the rally so I’ll want support prices to hold if this rally is going to continue.
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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