Thursday, September 02, 2010

Emini Futures Trading / Daily Recap

Thursday September 2, 2010 

The Dow Jones Industrial Average added 50.63 points 0.49% to 10,320.10 while the broader S&P 500 index rose 9.81 points 0.91% to 1,090.10. The Nasdaq composite gained 23.17 points 1.06% to 2,200.01.

Traders are cautious ahead of Friday's highly-anticipated employment figures. The consenus is that non-farm payrolls - combining both government and private jobs - shrank by 120,000 in August with unemployment edging up to 9.6%.

S&P 500 Futures opened this morning at 1081.75. Intra-day low was 1079.25 and settlement price was 1090.00 just off the daily high of 1090.50 on 1.6m contracts. +8.25 / .76%.

Dow Futures opened at 10,272. High of the day was 10,319 and at the close 10,311 on light volume of 112k contracts. +39 / .38%

Soybeans for November delivery rose 3.5 cents, or 0.3%, to $10.09

Crude Futures rose for a second day on Thursday as Hurricane Earl threatened US East Coast refineries and an explosion hit an offshore oil and gas platform in the Gulf of Mexico. US crude settled up $1.11 at $75.02 a barrel. ICE Brent closed up 58 cents at $76.93.

Gold Futures for December delivery added $5.30 to $1,253.40.






Weekly Trading Zones / Daily Review 

S&P 500 Emini Futures / ES

Dow Emini Futures / YM

Euro FX / 6E



Pray Hard & Trade Safe!
CT

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