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Bob Byrne is a full-time private daytrader with 10 years' experience. His trading relies on technical analysis and focuses primarily on the energy sector. Bob is also a writer for and the host of a daily trading chat room on Finance Banter. His contributions to this or any other site are not to be construed as recommendations to buy or sell stock.
Bob holds a business degree from St. Edward's University in Austin, Texas. He lives in Park City, Utah, with his wife and daughter.
Observe the trade flow for the first 10-15 minutes after the announcement.
It's likely equity markets will churn in a relatively narrow band.
I do not believe it's the appropriate time to abandon the bulls.
Keep a close eye on is this morning's release of consumer sentiment.
Pay closest attention to today's retail sales data.
Keep an eye out for tomorrow's auction results.
All trading above 1642.25 will continue to tighten the clamp around the necks of trapped short sellers.
For those looking for our next major targets, take a look at the updated Globex session profile below. The composite profile (gray bars on the right...
Suffice it to say that Friday's payroll data could have a huge effect on the early-morning Es trading.
Those looking at the Es/SPY -- you have a current session LVN at 1605.25, yesterday's RTH intra-day range low at 1605.50 and the current session...
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IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.
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