Stock futures indices are “boring”..slow movement, lack of “fear” and just gradual, slow move up.
On the other hand we have markets like Euro, Crude, grains etc. that have large intraday ranges, volatility and speed. Factors i think day-traders are looking for.
With that being said, we do have a day full of reports tomorrow ahead of long MLK weekend, so we’ll see if this wakes up stock indices a bit.
GOOD TRADING!
Trading Levels
Economics Report Source: http://www.forexfactory.com/calendar.php
Friday, January 14, 2011
Core CPI m/m
8:30am USD
8:30am USD
Retail Sales m/m
8:30am USD
CPI m/m
8:30am USD
Capacity Utilization Rate
9:15pm USD
Industrial Production m/m
9:15pm USD
Prelim UoM Consumer Sentiment
9:15am USD
Prelim UoM Inflation Expectations
9:15am USD
Business Inventories m/m
10:00am USD
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