Index

Stock Market Update for Traders

Risk-On Optimistic Sentiment Drives Stock Futures Higher

Blue Line Futures
October 29, 2019
It was a strong start to the week with all four major U.S benchmarks gaining at least 0.5%. The ES and NQ each set fresh record highs and the board is stable ahead of the bell. Earnings remain in the spotlight.
Stock Market Update for Traders

Melt-Up Factor Has Traders Targeting Record Highs In Stock Futures

Blue Line Futures
October 24, 2019
Earnings and trade optimism have lifted the S&P back to highs of the week. Although it is flirting above a crucial marker at 3008.50, the NQ trails slightly in relevance to highs set Tuesday and last Thursday.
Stock Market Update for Traders

Cold Water Has Been Poured Over What Was Becoming A More Bullish Tape

Blue Line Futures
October 23, 2019
U.S benchmarks slipped late in the session yesterday after U.K Prime Minister Boris Johnson’s fast-track Brexit deal did not get through the House of Commons.
Stock Market Update for Traders

U.S Benchmarks Start Week Off On Strong Footing

Blue Line Futures
October 22, 2019
U.S benchmarks started the week off on strong and the S&P extended to one-month highs overnight. A tailwind of positive sentiment comes from Washington and China lauding substantial progress in talks while pointing to the likeliness of an interim deal.
Stock Market Update for Traders

U.S. Stock Market Ignores China GDP Miss

Blue Line Futures
October 18, 2019
U.S benchmarks are shaking off weaker than expected China GDP from last night, the worst in nearly 30 years. Coming in at 6.0% versus 6.1% expected, it’s an ever-present headline reminder of the deteriorating growth conditions around the world.
Stock Market Update for Traders

J.P. Morgan Solid Earnings and Brexit Hopes Propel Market Higher

Blue Line Futures
October 16, 2019
 U.S benchmarks have been subdued just slightly from yesterday’s exuberance. Strong earnings, solid economic data and formidable Brexit framework all lifted the S&P by 1.1% and the NQ by 1.3%.
Stock Market Update for Traders

Risk-On In Hopes Of A 'Mini' Trade Deal, Oil Futures Higher On Tanker Attack, Gold Lower

Blue Line Futures
October 11, 2019
U.S benchmarks are surging into U.S hours Friday in hopes of an interim trade deal. President Trump has lauded progress between high-level delegates and is set to meet Vice Premier Liu He today before the closing bell.
Stock Market Update for Traders

Market Roller Coaster, Trade Sentiment Was Roiled Early Last Night On Reports Of No Progress

Blue Line Futures
October 10, 2019
Price action broke to a new low on the week in both the S&P and NQ but has steadily recovered overnight.
Stock Market Update for Traders

Stocks Spooked By Revolving U.S and China Trade Headlines, S&P Bounces 2% Off Last Night’s Low

Blue Line Futures
October 09, 2019
The revolving U.S and China trade headlines continue and just like that the S&P was nearly 2% off last night’s low. China said Monday it would never consider changes in intellectual property laws and yesterday the U.S blacklisted 28 Chinese companies.
Stock Market Update for Traders

Payrolls Report Good Enough For Stock Traders To Forget Bad ISM Reports

Blue Line Futures
October 04, 2019
U.S benchmarks tacked on another 1% in losses which became capitulatory and price action bottomed out just as quickly before reversing 2% off the low.