Futures News 3/3/2020

Futures rose yesterday for a second consecutive day on hopes that the fed would step in. However, as I write this, the futures markets are turning down. The G-7 statement stated it would use policy tools to curb an economic slowdown, though it did not point to...

Futures News 3/2/2020

The futures market appears to be trying to find a bottom even as new cases of the coronavirus are being reported here in the U.S. Some believe the global economy would grow by 2.4% vs 2.9% expected prior to the coronavirus outbreak. There is thought that the fed could...

Futures News 2/28/2020

Futures markets are set to open down for a seventh straight day. S&P 500 is down 11 points, Nasdaq is down 38.50 points, Dow futures are down 112 points and the Russell is down 2 points. More reported cases of coronavirus have been reported, New Zealand and...

Futures News 2/27/2020

Futures have fallen for a sixth straight day on coronavirus fears. S&P futures are trading down -38.25 points, Nasdaq futures are down -132 points, Dow futures are down -364 points, and the Russell is also down about -19.5 points. The President spoke briefly last...

Futures News 2/26/2020

Futures fell for a fourth straight day as more cases of the coronavirus have been reported. The worlds economies have been put to a test and American central bankers are closely monitoring the situation. Almost undoubtedly setting the stage for a rate cut. Currently...

Futures News 2/25/2020

Monday brought one of the worst days the DOW and S&P 500 has seen in more than two years. Markets reacted to news the coronavirus had spread outside of China. Currently indexes have rebounded some, YM rose 141 points, S&P was up 16.5 points, and the Nasdaq...

Futures News 2/24/2020

When Sunday’s trading session opened, futures markets plummeted over the news that the coronavirus has spread. The concern now turns to the economic impact for investors. Gold is up +36 points or 2.18% this morning as investors seek refuge elsewhere. The IMF...

Futures News 2/21/2020

Futures markets fell considerably during Thursday’s session before ultimately finding support. Many point to the coronavirus as the reason for this, as more cases have been reported. The fear that an economic slowdown is looming is growing. Many believe that at least...