SPI Futures traded in a 47 point range last night, with a high of 6533, low of 6486, and a close of 6528, up 47 points, on volume of 11,400 contracts. Gaps from last night are up at 6529 and down at 6513, 6507, and 6482.
During the SPI close, a Chinese government official suggested Beijing is hoping for continued trade talks with the United States. That was enough to light the rocket, with SPI doing almost more in the 5 minutes after open of the night session, than during the entire day. DOW up 1.25 pct, SNP up 1.27 pct and Canada (resource driven) up less, at .69 pct. VIX down 7.60 pct to 17.88. Have a nice Friday, the anything can happen day, plus, it's the last trading day of the month.
View attachment 1714627Today in 2015, Rap artist Kanye West announced he will run for President in 2020 at the MTV Video Music Awards. With a total of 21 Grammy Awards to his name, he is one of the most awarded artists of all time. If serious, and elected, his wife Kim Kardashian would be the first lady. Now that would be interesting. He has the makings of a President, as in 2019, he announced on Twitter he is changing his name to Ye. Yes, President Ye... Ye President.. and is quoted as saying.. "“One of my biggest Achilles heels has been my ego. And if I, Kanye West, can remove my ego, I think there’s hope for everyone.” Yes Kanye, I guess yesterdays market action shows that there is enough hopium to go around for everybody..
View attachment 1714645 | Column 1 | Column 2 |
|---|
| 1 | H | 6533 |
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| 2 | L | 6486 |
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| 3 | C | 6528 |
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| 4 | R | 47 |
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| 5 | R6 | 6563 |
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| 6 | R5 | 6551 |
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| 7 | R4 | 6545 |
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| 8 | R3 | 6539 |
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| 9 | R2 | 6534 |
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| 10 | R1 | 6527 |
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| 11 | PP | 6516 |
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| 12 | S1 | 6504 |
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| 13 | S2 | 6498 |
|---|
| 14 | S3 | 6492 |
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| 15 | S4 | 6487 |
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| 16 | S5 | 6480 |
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| 17 | S6 | 6469 |
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(20min delay)