Blue Line Futures

About the Author

Blue Line Futures, is a leading futures and commodities brokerage firm offering discounted personalized service and futures and commodity research.  

Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.

Stock Market Update for Traders

Core CPI Data, Treasury Market, And Fed Speakers Garner Today's Attention

Blue Line Futures
April 13, 2021
Fed Chair Powell has continued to emphasize his rhetoric that an acceleration in inflation through the summer is only expected to be transitory due to expected base data. Still, we didn't want to see the data run away and bring cause for policy to be reactionary.
Stock Market Update for Traders

Chairman Powell's Interview With CBS's '60 Minutes' Highlights Fed's Accommodative Policy

Blue Line Futures
April 12, 2021
Chair Powell's interview gives credence to the Fed’s patience with its unprecedented policy measures and rhetoric of symmetrical inflation targeting. Coincidentally, the story comes ahead of tomorrow’s pivotal CPI read and a deluge of Treasuries hitting the market.
Equity Index futures

Friday's Nonfarm Payroll Report Brings Tailwinds To U.S. Benchmarks

Blue Line Futures
April 5, 2021
U.S. benchmarks finished Q1 and started Q2 with fireworks before Friday’s Nonfarm Payroll report brought added tailwinds. We now view the next 2-3 sessions as critical in solidifying investors’ appetite for the next 3-week narrative and defining a very bullish technical breakout. 
Stock Market Update for Traders

Benchmarks Point Higher This Morning Ahead Of The Long Weekend

Blue Line Futures
April 1, 2021
U.S. benchmarks were pointing higher this morning ahead of both the bell and a long weekend. Tomorrow brings Nonfarm Payroll, but the NYSE is closed and index futures only trade through 8:15 a.m. CT due to the Good Friday holiday.
Stock Market Update for Traders

U.S. Benchmarks May Be Composing Themselves For Higher Prices In April

Blue Line Futures
March 31, 2021
With a melting pot of narratives, this quarter brought a lot of chop, but at the end of the day, the trend is higher, the fundamentals are supportive, and there’s no reason to believe either will dissipate, at least not through April.
Equity Index futures

There’s A Tailwind To Both The U.S. Dollar And Treasury Rates

Blue Line Futures
March 30, 2021
With Europeans in lockdown and the U.S. seeing a successful vaccine rollout, there’s a tailwind to both the U.S. Dollar and Treasury rates. The latter adds strength to the former.
Stock Market Update for Traders

A Melting Pot Of Narratives Makes For Another Exciting Week In Markets

Blue Line Futures
March 29, 2021
Constructive hold of support early in Thursday's session set the stage for a friendly Friday. This undeniably brought bullish technical tailwinds due to seller’s exhaustion, shorts covering, and fresh buying hitting the tape. Remember, this is a bull market.
Stock Market Update for Traders

Despite Early Signs Of Strength, U.S. Benchmarks Finished Poorly Again Wednesday

Blue Line Futures
March 25, 2021
Early signs of strength across each index dissipated as the session unfolded; the Nasdaq was first to go, slammed at the opening bell, then the Russell midday. The S&P followed, and the Dow was the last— although the Dow finished positive by 13 ticks, it was 1% from its session high. 
Equity Index futures

Benchmarks Showed Signs Of Stabilization Overnight After Tuesday's Rocky Close

Blue Line Futures
March 24, 2021
Like Monday, rally attempts in the S&P and Nasdaq were deflected by strong levels of technical resistance. From there, each bled slowly leading up to the final hour.
Stock Market Update for Traders

Doubts Surrounding U.S. AstraZeneca Vaccine Trials Weigh On Market Sentiment

Blue Line Futures
March 23, 2021
Late last night, a U.S. health agency questioned the validity of AstraZeneca’s vaccine trials, saying the results included outdated data. To make matters worse, Germany followed through and announced a strict 5-day lockdown over Easter.