The More You Know…

News of note & exclusive market commentary

Equity Futures Rise on Earnings Beats

By | October 15, 2019

micro e-mini s&p 500 earnings

Major US equity index futures rose Tuesday morning as markets digested several stronger-than-expected earnings reports. At the same time, investors are closely monitoring the trade situation between the US and China which could weigh down markets.Read More

Crude Oil Futures Surge More Than 15% After Drone Attack

By | September 16, 2019

Crude Oil futures (CL) rallied Monday morning as the markets digested news of a drone attack on Saudi Arabia’s oil infrastructure yesterday which blocked 5% of global crude oil output.Read More

Over 32M Micro E-mini Contracts Traded in 3 Months

By | August 27, 2019

After seeing record-breaking volume in their first 30 days of trading, Micro E-mini equity index futures from the CME have racked up more than 32 million contracts traded since their launch on May 6th.

Micro E-mini futures provide futures traders the ability to trade American stock markets at a fraction of the cost & with significantly lower margins than full-size E-minis. These 1/10th-sized fungible contracts also offer added flexibility & position management for existing E-mini traders.

The first three months of trading for Micro E-mini futures has been nothing short of historic. The launch of these new contracts took the futures trading world by storm and brought a surge of new futures traders to these highly liquid equity index markets.Read More

Equity Futures Bounce After Worst Day of 2019

By | August 6, 2019

American stock index futures showed signs of a bounce Tuesday morning after their sharpest single-day drop of the year.

Dow, S&P 500 and Nasdaq futures all saw losses exceeding 3% yesterday. Most notably, Micro E-mini Nasdaq futures closed more than 4% down at 7385.25.

In retaliation to President Donald Trump threatening a new series of tariffs on Chinese imports, the People’s Bank of China devalued the yuan currency to historically low levels. This caused a chain reaction in both currency and equity markets and spurred a massive selloff on Wall Street.Read More

Markets Turn Sharply After Powell Comments

By | July 10, 2019

American equity futures markets rose swiftly Wednesday morning after comments from Federal Reserve Chair Jerome Powell. The most notable change was in the Nasdaq index. Micro E-mini Nasdaq futures were down as much as 0.43% just minutes before Powell’s statement but quickly changed course and are now up over 1%.

In his testimony to Congress, Powell noted the central bank was prepared to “act as appropriate” to maintain economic expansion, reinforcing the expectation of an interest rate cut later this month. Powell also stated that U.S. business investments have slowed “notably,” most likely due to speculators’ uncertainty regarding the economic outlook.Read More

Equity Indexes Surge on Trade Truce

By | July 1, 2019

Stock futures showed solid gains Monday morning as the market reacted positively to the latest developments in the U.S./China trade dispute.

In a separate meeting during the G-20 Summit in Osaka, Japan on Saturday, President Trump and Chinese President Xi Jinping came to an agreement regarding new levies on American and Chinese goods. This news stirred optimism amongst market speculators and analysts.Read More

11.25M+ Micro E-mini Contracts Traded in First 30 Days

By | June 25, 2019

With record-breaking volume in their first 30 days of trading, the CME’s new Micro E-mini futures have quickly gained traction with the futures community. Between the May 6th launch date and June 5th, more than 11.25 million of the new micro-sized contracts were traded.

At just 1/10th the size of traditional E-mini contracts, Micro E-mini futures offer exposure to US markets at a fraction of the cost & with significantly lower margins than their larger counterparts. Additionally, since these new contracts are fungible with full size E-minis, they offer increased flexibility and enhanced position management for existing E-mini traders.Read More

Major Indexes Slip on U.S./Iran Conflict

By | June 21, 2019

After a record-breaking week, American markets saw a slight downturn Friday morning as news of a cancelled U.S. airstrike on Iran hit the markets. Read More

U.S. Equity Futures Climb on Rate Cut Optimism

By | June 4, 2019

U.S. stock futures were up Tuesday morning following a statement by a senior Federal Reserve official that a rate cut “may be warranted soon.” This shift in the market helped pare some of yesterday’s losses where a selloff took place in the technology sector. Read More

Major Indices Rebound After U.S. Eases Huawei Ban

By | May 21, 2019

Major stock indexes were up Tuesday morning after the United States temporarily reduced bans on Chinese company Huawei Technologies, a multinational telecommunications equipment and electronics manufacturer.

Last week the White House added Huawei Technologies to a trade blacklist forcing many companies to suspend business with the telecom company. Chipmakers felt the biggest impact and experienced a significant sell-off late last week and yesterday. In the previous two trading sessions, Nasdaq futures (NQ) saw a drop of more than 2%, or 158 points.Read More