What’s Up, What’s Down: Spotlight on Indices

Comments for June 7, 2011

Looking ahead to Tuesday by reflecting back on Monday’s trading

Futures and options trading is speculative in nature and involes substantial risk of loss. Futures and options trading is not suitable for all investors.

STOCK INDICES LOWER FOR THE 4TH SESSION IN A ROW

INDICES: 6/7/11:Lower closes yesterday for the cash and dow futures along with the S&P’s and nasdaq. All of the indices have settled lower for the fourth session in a row after reversal type action on June 1st. Now I also have SELL SIGNALS for the S&P’s along with the Nasdaq while the dow remains close. I’m also removing my dow buy signal and remaining neutral for now. SELL SIGNALS FOR THE S&P’S AND NASDAQ. CALL FOR DETAILS!

Sept/June rollover for stock index futures starts this Thursday, June 9. See my HOT TOPICS at my website (https://www.zaner.com/3.0/market_information/hot_topics.asp) for more information.

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Rick Alexander has been a broker and analyst in the futures business for over thirty years. He is a Vice-President for Sales and Trading at the Zaner Group (www.zaner.com) a Chicago-based futures brokerage firm. Email Rick at ralexander@zaner.com or call toll-free (888) 281-4158.

Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors. The information in this Report and the opinions expressed are subject to change without notice. All known news and events have already been factored into the price of the underlying commodities discussed.