Tag: "Institutional investment bank"
S&P 500 Futures Market Update 4/28/09
Futures Market Update The S&P 500 emini futures had a range bound day on Monday which has been the nature of the S&P 500 trade as of late. The market did move and hold all the way up to our 865.25 area as mentioned in our premarket commentary in our trading chat room. Over [...]
View PostFutures Market Update 3/2/09
Futures Market Update Friday’s trade started with a large gap down due to low GDP results. Commercial investment institutions came out selling on the open but no real market panic selling or capitulation was observed. Instead, the market consolidated between 741′s and 746′s but could not find any interested buyers and by the end [...]
Futures Market Update 2/11/09
Futures Market Update T The emini S&P fell sharply off the speech from Timothy Geithner and the lack of depth he had to a recovery plan for the banks. Large amounts of commercial investment bank paper selling was seen throughout the speech and continuing the rest of the day. Upcoming Financial News Announcements: 8:30 AM [...]
Futures Market Update 2/9/09
Futures Market Update The emini S&P surged off the open through the market profile upper value area of 847.50 and held/consolidated at our 855 level for quite some time before level completing its strong upward move to hold the 865 area of interest. Institutional investment bank paper buying was seen throughout the day supporting this [...]
Emini S&P 500 Futures Market Update 7/21/09
Futures Market Update The emini S&P 500 opened with slight gap which was slowly filled toward the end of the morning trade. The gap fill is as far as the institutions would let it get to the downside and the locals traded within a range for the remainder of the day. The 950 level is [...]
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