At the start of trading in New York,futures on the index rose by 0.03%. US stocks rose a statement after the Secretary of State said that they could expect details of the tax reform plan.S&P500 closed at 2356 points adding 0.76% yesterday.
It is the highest increase of financial institutions and industrial companies. The winners were Visa(+1.56%)and Berkshire Hathaway(+1.36%).The losers were Verizon Communications(-1.08%) and Coca-Cola (-0.32%).
Monday morning action is hot, the Le Pen loss has unleashed the beast in the same way as the Trump win. I'm bullish, will trade short term calls at the open and a longer term weekly call once the opening blast of action wears off. NADEX traders can look to buy the 2478 at $45 and $40. $45 to make sure you get one, and $40 to make sure you get one if price pressure dips during the opening scramble.
"Great Googely Moogely" ... Frank Zappa
S&P500 closed at 2387 points and losing 0.05% yestedray. Today is expected to report the largest corporate business results of the company. The winners were separated Verizon Communications (+1.41%) and AT&T(+1.25%).The losers were Procter& Gamble (-2.51%), and General Electric (-0.65%).
Futures on the index rose by 0.06%.S&P500 closed at 2388 points adding 0.06%.The winner were Intel(1.35%) and the Amazon (1%). The losers were Verizon Communications (-1.46%), and AT & T (-1.31%).
The RSI shows upside momentum. Over the short-term, we are bullish the S&P 500. The index broke above a broadening wedge continuation pattern and the 50-day moving average.
The RSI calls for further upside after breaking above its 50 level. The index is indicating a possible re-test of the 50 day moving average before breaking above the 2400 target.
Supports and resistances levels