Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.



Monday produced the largest point gain in the SP futes since October 2003


The Trin closed below .35 yesterday for only the fifth time since the October 2002 low. In the charts below, occurrences are indicated by the blue arrow and the next day's bar is highlighted. As the charts illustrate, the next day's range was consistently narrow and range-bound.

What happens when the SP futures gap higher, never trade lower on the day, and close up more than 1% on the day after payrolls? There were 14 occurrences and the next day closed lower 78.57% of the time.

As always Minyans, past performance does not indicate future results.

< Previous
  • 1
Next >
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos