Dow Futures Mini Sep '22 (YMU22)
Dow Futures Mini Futures Market News and Commentary
What you need to know…
The S&P 500 Index ($SPX) (SPY) on Thursday closed up +0.23%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.06%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.26%.
Stocks on Thursday posted modest gains. Stocks fluctuated on both sides of unchanged Thursday and settled slightly higher in thin summer trading, with volumes about 20% below their 30-day averages. A more than +5% jump in Cisco Systems Thursday supported the overall market after it issued an upbeat sales forecast. Also, semiconductors stocks rallied after Wolfspeed reported stronger-than-expected revenue. In addition, a more than +2% rally in crude oil prices Thursday boosted energy stocks. Finally, a decline in T-note yields was supportive for stocks, as the 10-year T-note yield fell -2.0 bp Thursday to 2.877%.
Global economic concerns and uneven U.S. economic data Thursday were bearish factors for stocks. Concerns that a slowdown in China’s economy will un... Read more
- Are You A Professional Emini Trader?
Definition of a Professional Trader
- 18 August 2022, Knight Performance & Position Update Trading the Daily & Hourly EMA 9-18
Sections in this report 1) Performance Update Trading the Daily EMA 9-18 2) Performance Update Trading the Hourly EMA 9-183) Simplified trend procedure,...
- Stocks Post Modest Gains on Strength in Semiconductor and Energy Stocks
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.06%,...
- Get the Dollar Right, You'll Get a Lot Right
Our daily video.
- The Elephant in the Room
Actionable ideas and risk management for ES, NQ, RTY, rates, and more . . .
- Oh Deere, More Talk of CORN Stocks (and ETFs)
I like the corn market, and it would be my chosen avenue of investment. But the cash market and futures aren't for everyone, so we can also look at stocks...