Wednesday, September 08, 2010

Emini Futures Trading / Daily Recap


Wednesday September 8, 2010 

The Dow Jones Industrial Average rose 46.32 points, or 0.45%, to 10387.01. The Standard & Poor's 500-stock index advanced 7.04 points to 1098.88 while the Nasdaq Composite added 19.98 points to 2228.87. Financial stocks were the best-performing sector after encouraging developments in Europe's banking sector helped clear a source of uncertainty for the markets. The U.S. economy hit a soft patch in the second half of July and through August as the housing sector continued to suffer after the expiration of a tax credit, the Fed said. Treasurys fell as a deluge of government and private debt supply overshadowed a strong 10-year note sale and a soft reading from the latest Fed economic survey. After a rally early in the morning, oil prices fell back from session highs of $75.39 a barrel on a report from the Federal Reserve that said the U.S. economic recovery was showing "widespread signs of a deceleration." ...

Dow +52 +.50% 10,390
S&P + 8  +.73% 1099.25
CFRN Live Trading Room 
Join us Monday through Friday in the "Chart Room" for Live Strategy Sessions with some of America's top traders.
Members have access to our daily broadcast and live charts every trading day. If you would like to become a member of the CFRN family Click Here.  If you are a registered member your Link, Password, and Weekly Trading Zones will arrive in your inbox prior to the open Monday Morning.

Weekly Trading Zones / Daily Results 
S&P 500 Emini Futures / ES
Dow Emini Futures / YM
Euro FX / 6E

Pray Hard & Trade Safe!

No comments:

Post a Comment

Your comment will be posted within 1 hour of acceptance by our editorial staff.