Indices Futures Prices
- White Knuckle Week
Things were wild this week but back in...
- The Trend Trader For Futures Trading on Monday, April 6, 2020
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market...
- Algo Trading System S&P 500 Report For 04/06/2020
Based on 8 algo trading strategies and 4 indicator based algo strategies, the current position bias for S&P500 is NEUTRAL.
- Stock Index Futures Holding up Despite Bearish News
Stock index futures are higher now than they were when the weaker than expected U.S. employment numbers were released.
- S&P500 may start downtrend to 2424.75 after break down 2474.25
An downtrend will start as soon, as the pair drops below support level 2474.25, which will be followed by moving down to support level 2444.75 and 2424.75...
- Jobs Friday
Yesterday the world was stunned to learn that the US filed 6.6 million claims in one week. Given that today is Non Farm Payrolls, what should traders do?...
Futures Market News and Commentary
The S&P 500 Index ($SPX) on Friday closed down -1.51%, the Dow Jones Industrials Index ($DOWI) closed down -1.69%, and the Nasdaq 100 Index ($IUXX) closed down -1.41%.
U.S. stock indexes on Friday moved lower on global economic concerns due to an abysmal U.S. payrolls report and weak economic data for the Eurozone. Strength in energy stocks limited the decline in the overall market after crude oil prices rallied more than 11% to a 2-1/2 week high.
Friday's U.S. Mar payroll report weighed on equities after Mar non-farm payrolls fell -701,000, showing a weaker labor market than expectations of -100,000 and the biggest decline in 11 years. Also, the Mar unemployment rate rose +0.9 points to a 3-year high of 4.4%, showing a weaker labor market than expectations of +0.3 to 3.8%. A slight positive was stronger-than-expected earnings after Mar avg hourly earnings rose +0.4% m/m and +3.1% y/y, slightly stronger than expectations of +0.2% m/m and +3.0% y/y.
Stocks also f... Read more