Tuesday we have James Bullard speaking, Consumer Price Index, Redbook, FHFA House Price Index, PMI Manufacturing Index Flash, Richmond Fed Manufacturing Index and a 2 Yr-Note Auction.
ESM went out weak on Friday, got the bears licking their chops and for what?
A 7.75 handle range? Crude oil up almost 2% at 47.40, and gold up 0.75%.
The S&P 500 needs a few days of back and filling then run the upside stops.
There was big selling going on just after we started this video. The ESM just broke down to 2094.25
3.2k sold on the 97.50s and 6.7k sold on the 96.75s, 2.3k sold on the 96s…2094.25 new low
Alcoa (NYSE:AA) kicks off the earnings season on Apr 8.
High: 2106.80 Mid-Morning
Low: 2099.50 Early
Last: 2100.50; Up 1.3 Handes
Volume: LOW…1mil ESM with 126k from Globex, and 1k SPM traded in the pit.
MOC: MiM had it right; showed $455mil to sell / Actual was MOC sell $570mi