Earnings and Index Futures.
The season of the “tail wagging the dog” for futures traders. With FB and MSFT earnings and uptrends in both names, what does that mean for the ES and NQ?
The season of the “tail wagging the dog” for futures traders. With FB and MSFT earnings and uptrends in both names, what does that mean for the ES and NQ?
I outline the details of these three names and why we’re still bullish the /ES and /NQ. Great one for traders looking for how I setup the “run into earnings” and why futures traders MUST pay attention to heavily weighted names.
I like the daily, 2 day, 3 day and 4 day squeezes in Salesforce, especially because it’s one of my favorite Phoenixes. Check out the trade parameters and stock and options ideas here.
The Nasdaq made the new, all-time high, and the S&P and the Dow are the little brothers trailing behind. With low earnings expectations, positive reports sent the market melting higher today. I will look for more of that tomorrow, in addition to MSFT earnings and several others. Let’s look at PANW, TWLO, NOW, WDAY, AMZN, NFLX and more….
This one is a popular one for the morning setup I look at every day. Here’s how to play it with futures options.
Sometimes the action slows down, but in this case, it’s only because our winners continue to run and other entries are ranging into their zone… holding patterns are a time when it’s easy to be twitchy, so we stay vigilant in making sure we have the best relative performers on the watchlist.