MONDAY: After last week’s terrible performance, it wouldn’t be too surprising to see some gains this week, but they need to be more than what the futures are pointing towards
TUESDAY: Although losing a little steam as the morning progressed, the pre-opening futures looked as if they could add to yesterday’s 200+ point gain
WEDNESDAY: Yesterday’s reversal, particularly after some good earnings news finally came our way, was unfortunate. This morning’s futures look like they don’t know what to do with themselves.
THURSDAY: A very impressive test of DJIA 17600 yesterday after it offered resistance the day before, leads to this morning’s continued strength in the early futures trading, as maybe investors are finally ready to accept what the FOMC has to do.
FRIDAY:. The monthly cycle comes to an end today and the futures are giving some hope of being able to see some assignments or rollovers occur.
“SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS