Index Futures Net Changes and Settlements:
Foreign Markets, Fair Value and Volume:
- In Asia 7 out of 11 markets closed higher: Shanghai Comp +1.30%, Hang Seng +0.21%, Nikkei +0.46%
- In Europe 7 out of 13 markets are trading lower: CAC -0.47%, DAX -0.17%, FTSE +0.33%
- Fair Value: S&P -1.29, NASDAQ +2.29, Dow -49.27
- Total Volume: 1.4mil ESH & 209 SPH traded in the pit
Today’s Economic Calendar:
Today’s economic calendar includes Motor Vehicle Sales, Motor Vehicle Sales, U.S. Shutdown Update, Market Focus, International Perspective, Simply Economics, Factory Orders 10:00 AM ET, TD Ameritrade IMX 12:30 PM ET, and Loretta Mester Speaks 7:30 PM ET.
S&P 500 Futures: #ES Solid Gains In January
Thursday night, the S&P 500 futures (ESH19:CME) printed a high of 2711.75, a low of 2696.25, and opened regular trading hours at 2705.00. The high of the morning was 2716.00 at 9:30, and the morning low was 2699.00 at 8:30. The S&P’s traded 2709.50 on the 10:30 European close, and then printed 2707.00 at noon.
The early afternoon saw a high of 2708.50 and a low of 2696.50, and in the final hour of the day the ES traded to a new low of day at 2695.50 before rallying up to 2703.75. The MiM opened up showing as much as $2 billion to sell early, and the actual MOC came out at $760 million to sell. The ES traded 2703.25 on the 2:45 cash imbalance reveal, 2704.50 on the 3:00 cash close, and settled at 2704.75 on the 3:15 futures close, up one tick.
In the end the ES’s overall tone was firm. In terms of the days overall trade, volume was higher / lower with 1.4 Million futures contracts traded.
Thursday night, the S&P 500 futures (ESH19:CME) printed a high of 2711.75, a low of 2696.25, and opened regular trading hours at 2705.00. The high of the morning was 2716.00 at 9:30, and the morning low was 2699.00 at 8:30. The S&P’s traded 2709.50 on the 10:30 European close, and then printed 2707.00 at noon.
The early afternoon saw a high of 2708.50 and a low of 2696.50, and in the final hour of the day the ES traded to a new low of day at 2695.50 before rallying up to 2703.75. The MiM opened up showing as much as $2 billion to sell early, and the actual MOC came out at $760 million to sell. The ES traded 2703.25 on the 2:45 cash imbalance reveal, 2704.50 on the 3:00 cash close, and settled at 2704.75 on the 3:15 futures close, up one tick.
In the end the ES’s overall tone was firm. In terms of the days overall trade, volume was higher / lower with 1.4 Million futures contracts traded.
Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Any decision to purchase or sell as a result of the opinions expressed in the forum will be the full responsibility of the person(s) authorizing such transaction(s). BE ADVISED TO ALWAYS USE PROTECTIVE STOP LOSSES AND ALLOW FOR SLIPPAGE TO MANAGE YOUR TRADE(S) AS AN INVESTOR COULD LOSE ALL OR MORE THAN THEIR INITIAL INVESTMENT. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.