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S&P 500 Futures - Mar 15

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2,053.45 -0.05    (0.00%)
3:15:37 GMT - Real-time CFD Data. Currency in USD ( Disclaimer )
Type: Index Future
Underlying: S&P 500

  • Prev. Close: 2,053.50
  • Open: 2,054.45
  • Day's Range: 2,052.95 - 2,054.95
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S&P 500 2,053.45 -0.05 (0.00%)
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US SPX 500 Futures
 
 
 
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Latest S&P 500 Futures Comments

Mike  Payne
Mike Payne Jan 27, 2015 03:18AM GMT
I"m not exactly sure what happens over night, always a bit of a coin toss, but looks to me like we see another 30 points up tomorrow , not sure if anyone else noticing the early morning sell off , seems typical so under this scenario if we dip down to say 2040, then the rebound will probably be about 2060-2070, and if ground holds over night , the rally should extend potentially as high as 2090... I'm bullish right now, just holding my calls until I can get some decent $$$ for them.. Now just warning ya'll , these weekly candles like to extend big time these days so my target range will be between 2080-2125 for the week ... I know its a big spread, but I'm telling you guys right now that 2080 is my minimum target for the week..

David Farnan
David Farnan Jan 27, 2015 12:38AM GMT
Be careful about being to negative with the market. I certainly would not put all of my money on it going down. The fact that so many people are bearish lets me know that the bull still has some life. The fact is bear markets happen for specific reasons- systematic problems like which started the last bull market, extreme political issues, like the us government shutting its self down due to incompetence, or a major war. I am not seeing any of that. And if anyone wants to start talking about Europe, i think we are finally seeing movement in the right direction. Pro growth instead of this iron fisted balance budget no matter what. That will be good for Europe as is the strong dollar as well. I am not saying the market won't go down, but until something changes it will be like it has been for 2 plus years. A sharp bull back 3 to 7 percent and then back up again
tommy in exile
tommy in exile Jan 27, 2015 12:56AM GMT
Plenty of life in this bull .
WHITE DEVIL
WHITE DEVIL Jan 27, 2015 01:58AM GMT
More good ideas thanks David.

Mike  Payne
Mike Payne Jan 26, 2015 10:50PM GMT
Teck , global recession is an inevitability , and I havnt heard the end of it since 2008 to be honest, given the fact that the S&P has gained consecutively for 7 years I will admit that a HUGE buying opportunity has become much more likely , but until it happens you need to stay long while not betting the farm in the process ...
Mike  Payne
Mike Payne Jan 26, 2015 10:53PM GMT
and by " stay long " I don't mean not to ever take profits and short , I'm just saying the uptrend is still intact and in my opinion may last until after or just before the presidential election.
Mike  Payne
Mike Payne Jan 26, 2015 10:55PM GMT
I'm from Alberta , an oil driven province , I'm white aware of the impact of $30/barrel
Martin Zee
Martin Zee Jan 26, 2015 11:19PM GMT
Historically all preceding years to a presidential election year were bullish. This year we have a few seasonal events going against each other - maybe that's why so much volatility :). Although I do not take seasonality into my account much.
Mike  Payne
Mike Payne Jan 27, 2015 03:10AM GMT
Interesting! And yes same thinking about seasonality .
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