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

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last night, a U.S. health agency questioned the validity of AstraZeneca’s vaccine trials, saying the results included outdated data.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.
Stock Market Update for Traders

U.S. AstraZeneca Vaccine Trial Results Bring Positive Tailwinds To Markets

Blue Line Futures
March 22, 2021
The vaccine was suspended throughout the EU after concerns it caused blood clots. Trials across the U.S., Chile, and Peru showed the vaccine 79% effective with no link to blood clots. This comes after the European Medicines Agency confirmed similar findings last Thursday.
Equity Index futures

After A Strong Close Post-Fed Yesterday, Bond Weakness Has U.S. Benchmarks On Their Backfoot Again

Blue Line Futures
March 18, 2021
The Treasury complex responded to the Fed’s emphasis on underemployment and how their expectations of only a meager increase in Core PCE to 2.0-2.2% through 2023 will keep policy accommodative.
Stock Market Update for Traders

It's Fed Day: Here's What You Should Know

Blue Line Futures
March 17, 2021
It’s Fed Day: the committee’s policy decision, economic outlook, and interest rate projections are due at 1:00 p.m. CT. Yields of longer duration Treasuries are climbing as many analysts say a dovish Fed is simply not enough anymore.
Stock Market Update for Traders

Is The Fed's Emphasis On 'Remaining Accommodative' Enough For Markets?

Blue Line Futures
March 16, 2021
Is emphasis on “remaining accommodative” merely enough now? Markets want to hear something on the steeping yield curve. They've become accustomed to continued assistance and yield curve control is now what they’re asking for.
Equity Index futures

Improved Covid-19 Conditions And Stimulus Prove To Be A Tailwind For Many Sectors

Blue Line Futures
March 15, 2021
U.S. benchmarks were little changed ahead of Monday’s opening bell. The easing of state and local restrictions coupled with Congress passing President Biden’s fiscal package has brought a continued tailwind to many sectors.
Stock Market Update for Traders

Today's ECB Policy Meeting Takes Center Stage

Blue Line Futures
March 11, 2021
The ECB said it’d purchase bonds at a faster pace through its PEPP program and that it expects yields to remain at their current levels or lower.