Tag Archive | "contract"

Markets May Need A Pause Day, Watch The Dollar

www.inthemoneystocks.com This morning, the S&P 500 Index e-mini futures (ES-U2) are trading higher by 2.50 points to 1391.50 per contract. It seems that the major stock indexes may need to try and digest most of last weeks gains. Often, after large point moves the markets will need to consolidate or rest before trying to make another surge higher. At this stage of the game, the major stock indexes have advanced very far on the back of central bank pledges to inflate the stock markets. Traders and investors will now want to see if these gains can hold up before adding more money to this stock market.

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