Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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.
Economics Report Source: http://www.forexfactory.com/calendar.php
Friday, January 14, 2011
Core CPI m/m
Retail Sales m/m
Capacity Utilization Rate
Industrial Production m/m
Prelim UoM Consumer Sentiment
Prelim UoM Inflation Expectations
Business Inventories m/m
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