Discounted
December 8, 2021 Good morning, For most of last night’s trading, Futures were up ~10pts (+.20%). At 7am ET, this headline printed “Three Doses Pfizer Vaccine Neutralizes Omicron Variant”. The next Futures price was +30pts (.64%) higher. The initial move on any headline is machine driven (the algo machines), what the market does after the […]
Masking
December 6, 2021 Good morning, This morning’s news headline – “Omicron Spreads; Hospitalizations in Check for Now” – is getting the most attention from trader’s this morning. Futures wavered back and forth all night but sit at the high end of their overnight range (+.40%) an hour ahead of the cash market open. The VIX […]