Es Morning Trading
Review of Thursday's Es trading
Thursday's big news event didn't begin to unfold until shortly after the regular session close, when JPMorgan (JPM) disclosed that it had incurred "significant mark-to-market losses in its synthetic credit portfolio." News of its poorly-executed trading/hedging practices quickly sent the Es down through 1349-1350 and toward more meaningful support at 1344. And should that weakness persist throughout the overnight session, the bears will find themselves with favorable field position....511 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.