S&P 500 Futures and Stocks Opening Higher on Last Trading Day of 2018
Futures are higher this morning, with many investors and traders taking the day off ahead of the New Year’s holiday. S&P 500 Futures are fading from session highs (+1%) earlier.
With the economic and earnings calendar’s blank, geopolitics could call the tune for trading again.
Financial media was reporting the President held a “very good call” with China’s President Xi Jinping on Saturday, discussing trade and “progress” was being made. Media outlets said, Xi hoped the negotiating teams could negotiate an agreement that was mutually beneficial.
S&P 500 – SPY Weekly
We are looking for a follow-through day to end the year.
Be sure to join us for our LIVESTREAM broadcast during market hours. Watch, listen and trade from 9:20 AM to 4:15 PM Monday through Friday.
P.S. Check out the weekend training session(s) in the “learning channel.” Crimson labored for over 20 hours these past two weekends. I found his 50/50 style of trading particularly refreshing.
Disclaimer: Do your Own Research
Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional investment advisor in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. Trades and or positions listed and taken from the watchlist are my own and should not be considered “advise” to enter any particular position or asset.
We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.
Live broadcasts are educational in their content. Proper risk management is considered on every trade or asset mentioned.
*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities.
As always, the use of technical and fundamental analysis is encouraged in order to fine tune entry and exit points to average seasonal trends.
These mentions are stocks that we may or may not decide to trade as outlined in the watchlist. Always use a stop.