Good morning. Running a little on the late side this morning...but here's the pre-market thread nevertheless- <-- click there to read! Hope everyone has a good trading day ahead today!
Just a heads up: Margin requirements for trading /ES futures has gone from $4950 to $5550 due to recent volatility....always trying to keep us small traders down. http://www.cmegroup.com/trading/equ...sector=EQUITY+INDEX&exchange=CME&pageNumber=1
that pullback from the 50 day on the SPX was like clockwork, im trying to be patient on buying here, was waiting for the low from Tuesday, but man idk.
man this is fun as hell to watch, market is fighting to protect the low of the day, buying keeps coming in near the lows, will it break or will it bounce, lol.
haha yea, looks like the bear won, watching apple and labu again, getting very tempting to put some money down
I still can't believe what I've been reading these past few days about all these volatility products. Derivatives created by greedy pigs with such low AUM creating this kind of havoc from recalibrating is insane. Just another noose around the very neck of actual equities. It's the very anti-thesis of true price discovery. I wonder how much $$$ the SEC got paid to give their stamp of approval.
Wow another day of massive selloff Bonds yields seem to be moving a little lower too on the selloff from the stock markets