Author: Polly Dampier, Naturus.com

Today is Rollover Day, when index futures traders begin to change from the expiring December 2010 contract (ESZ0) to the new March 2011 contract (ESH1). Today as traders begin trading the March contract there will be many retail...

The market made a positive reaction to the Ireland bailout deal in overnight trading, but not to later news from Capitol Hill, where Obama and the Republican leaders of Congress announced a deal to extend the Bush-era tax cuts...

The S&P 500 cash index (SPX) closed at 1224.71 on Friday for a net weekly gain of 35.31 points, up about 3%.   In the first two days of the week the SPX and DOW looked like they would break down due to negative...

ES made a drastic gap lower at the open based on continuing concerns about the fiscal health of the euro zone. Later comments from Federal Reserve Chairman Bernanke also made a contribution to the selling pressure. At the end ES...

This is the last day of November and trading today may involve more choppy moves. Based on the daily chart, as long as 1200 line holds ES down and 1171 line holds up, the chop around the 20- and 40-day moving average lines...

The S&P 500 cash index (SPX) closed at 1189.40 on Friday for a net weekly loss of 10.33 points, slipping about 0.8%.    It was a holiday-shortened week, but the cheerful holiday sentiments were overshadowed by...

Good economic news in the early session and pre-market Tuesday was overshadowed by escalating conflict between North and South Korea, who were firing artillery at each other across the border. The ES gapped down at open and...

After tumbling to an early low down 15 points, the ES snapped back to finish with a very small loss 0.25 points. A head-spinning whipsaw! 1204.75-1206 range remains an important level for today’s trading. As long as this...

The S&P 500 cash index (SPX) closed at 1199.73 on Friday for a net weekly gain of 0.52 points, just barely black for the week.   Fears about a Chinese interest rate hike and Irish debt levels re-emerged early last...

ES went sideway for consolidation and tried to balance out its previous oversold condition. So far the monthly open price 1180.50 held ES down very well yesterday. Today is the day before option expiration. The price could...