The real time results for the One Million MNS 128 was up +0.15% today and the 250K Portfolio was up +$300 in live trading. The hypothetical results for the Stock Index Portfolio 18 was down -$2,520 per E-mini and -$253 per Micro.
We had some decent gains on the day before some mid-day spikey price action. In reality the entire day was very spiky and choppy. Yesterday's reversal rally continued but in a very choppy fashion. The bulls, with their excess liquidity, love to recapture the highs of the most recent downtrends. After last week's sell-off, it seems to be a bit of a game to try and trade above last week's high in the stock indexes before tomorrow's weekly close.
The S&P needs about 28 points to re-capture last week's highs after closing last Friday about 196 points lower than its weekly high, made on Tuesday, September 3, 2024.
The VIX moved down to 17.07 today.
Tomorrow is the last day of trade this week with 12 trading days left. We don't trade on FOMC, which is next Wednesday.
Import and export prices are out at 8:30 am EST tomorrow with Consumer Sentiment at 10:00 am EST.
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