Jump to navigation

Free Newsletter Modern Trader Follow

Main menu

  • Futures
    • Modern Trader Magazine
    • Commodities
    • Futures Mag Archives
    • ETFs
    • Financials
    • Forex
    • Managed Funds
    • Market Analysis
    • News
    • Options
    • Regulation
    • Technology
    • Trading Strategies
    • Education
    • Futures Op-Ed
  • Favorites
    • Alpha Pages Most Popular
    • Futures Magazine
    • Modern Trader Magazine
    • Most Popular
    • Slideshows & Lists
    • Special Topics
      • Alpha Hunters
      • Bad Boys
      • FINtech
      • High-Frequency Trading
      • Trader's Life
      • Trading Strategies
      • FUTURES MAG's 500th ISSUE
      • We asked traders
  • Traders
    • Market Data
    • Hot Charts
    • Interactive Charts
    • Trading Calendar
  • FINalternatives
  • Hard Assets
    • Home
    • Base Metals
    • Precious Metals
    • Rare Earth Metals
    • Commodities
    • Mining Investments
    • Slideshows
  • Modern Trader
    • Subscribe
    • Past Issues
  • All +
    • Follow Us +
      • FuturesMag
      • Newsletters
      • Facebook
      • Google+
      • Linkedin
      • Twitter
      • RSS Feeds
    • About Us +
      • About
      • Advertise
      • Contact
      • Contribute
      • Privacy Policy
  • !
Follow Futures          
       
more >>

We Asked Traders

Top things I learned about life while day trading millions

Sponsored Content

Trading

Equities.com launches unlimited trading via Tradier Brokerage, Transforming into a news & fintech portal

Featured Topics

more Commodities>>

Commodities

A Saudi-Iran oil war could break up OPEC
Advertisement
more Volatility>>

Volatility

Implied vs. Realized Volatility & the VIX
more Financials>>

Financials

Making drones work for you
more Financials>>

Financials

Perspective: S&P 500 short side off highs

Advertisement

The rise and fall of the S&P 500

Market Pulse for May 6

By Gary Kamen

May 6, 2013 • Reprints

Last week the S&P 500 was all about jobs, jobs and jobs. On Wednesday ADP released their numbers for April at 119,000, below expectations and dropping the S&P 15 points. Thursday’s Jobless Claims were reported at a five-year low, and the S&P rises 15. On Friday the U.S. government employment number was reported at 165,000, which was 15,000 higher than expected sending the S&P up 16.5 and above 1600. It was an interesting report as March was revised up from 88,000 to 158,000 and February was revised from 268,000 to more than 320,000. Not sure how or why these revisions were so high, but has anyone ever seen employment numbers revised down? Price action last week had the June E-mini S&P 500 open at 1576.25 and close the week at 1608.50, a nice $1,612.50 per contract move if you were long.

Proceed to Page 2 for the latest COT Data...

Page 1 of 3
>>next >

About the Author

Related Articles
Making drones work for you
Daily Price Action: S&P 500
Powell pontificates, but pulls his punches as predicted
Is S&P at major top? Major Market Ranges for the Week of Aug. 27
Daily Price Action: E-mini S&P 500
Previous
Treasury 10-year yield reaches three-week high before auctions
Next
Most U.S. stocks advance as S&P 500 extends last week’s record
Related Terms
US Federal Reserve 8527financials 2975S&P 500 2556stocks 2123equities 1690S&P 1534U.S. government 1118Jobs 919Goldman Sachs 868Stock indexes 843employment 474Twitter 371Unemployment 354JPMorgan 206e-book 105Citibank 54BofA 9too-big-to-fail banks 2

Free Newsletter Modern Trader Follow

Main menu

  • Futures
    • Modern Trader Magazine
    • Commodities
    • Futures Mag Archives
    • ETFs
    • Financials
    • Forex
    • Managed Funds
    • Market Analysis
    • News
    • Options
    • Regulation
    • Technology
    • Trading Strategies
    • Education
    • Futures Op-Ed
  • Favorites
    • Alpha Pages Most Popular
    • Futures Magazine
    • Modern Trader Magazine
    • Most Popular
    • Slideshows & Lists
    • Special Topics
      • Alpha Hunters
      • Bad Boys
      • FINtech
      • High-Frequency Trading
      • Trader's Life
      • Trading Strategies
      • FUTURES MAG's 500th ISSUE
      • We asked traders
  • Traders
    • Market Data
    • Hot Charts
    • Interactive Charts
    • Trading Calendar
  • FINalternatives
  • Hard Assets
    • Home
    • Base Metals
    • Precious Metals
    • Rare Earth Metals
    • Commodities
    • Mining Investments
    • Slideshows
  • Modern Trader
    • Subscribe
    • Past Issues
  • All +
    • Follow Us +
      • FuturesMag
      • Newsletters
      • Facebook
      • Google+
      • Linkedin
      • Twitter
      • RSS Feeds
    • About Us +
      • About
      • Advertise
      • Contact
      • Contribute
      • Privacy Policy
  • !
images