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T Minus 9 Days

Published 12/20/2021, 12:21 AM
Updated 07/09/2023, 06:31 AM

Well, folks, 2021 is almost at an end (and good riddance, too, for the most part). There are just nine trading days left this year. This Friday is a holiday (for Christmas), and due to a quirk in timing, there is no New Year’s holiday at all (and not even an early close for New Year’s Eve, I don’t think, but feel free to correct me in comments if I’ve got that wrong).

I’ve found that in recent weeks, what goes on in the off-hours futures markets is borderline meaningless, particularly since the swings lately have been absolutely bonkers, such as with the NASDAQ futures…….

NASDAQ Futures Chart

As I’m typing this, the futures markets just opened, and while the ES and NQ are up a little, the RTY is managing to be just a little bit red. Of more interest to me, since it’s the only market actually moving with any substance, is crude oil, whose future are down over 2% at the moment.

Crude Oil Futures Chart

Anyway, I hope you have a good, albeit short, trading week ahead. I’ll see you Monday morning, dark and early.

UPDATE……..Errr, things are red now.

Indices Readings

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