“The S&P Futures and an Inside Day”

Commentary, News, The Closing Print, Video

Next week has a very small economic and earnings calendar. There are a total of 12 economic reports, 11 T-bill or T-bond Auctions or Announcements, 1 Federal Reserve Bank President speaks and FOMC Minutes.

After all the ups and downs the S&P is going out higher on the week. with energy going out up 3.2% for the week; Dow going up over 100 points on the week.

The earning s season is coming to a close; to date 462 or 92% of the companies in the S&P have reported earnings.

The S&P is like packman it eats everything in its path.

High: 2088.50 just now
Low: 2076.00 midmorning
Last: 2087.50 , up 7 handles
Volume: 1Mil ESU and 1k SPU trade in the pit
MOC: MiM started out with buy $300mil to buy / Actual MOC ended up BUY $320mil.

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