800.441.1616 Or Live Chat

CME Group: S&P Futures Trade Higher as European Worries Subside

By: Kevin CraneySeptember 15th, 2011 9:27AM CDT

The S&P 500 rallied as European fears subsided, today. News that China may step in and buy Italian bonds eased some fears. Europe continues to drive our markets here in the United States and until the structural issues are resolved I look for that to continue. The S&P 500 remains in a broad trading range between 1140 - 1200, and we tested the upper end of the range today and failed, closing off the highs of the day. Until we see hints of improving economic data and hints of increased economic growth I don't see anything propelling us above the upper end of this range.

< Back to all articles

Kevin Craney
Senior Commodities Broker

Kevin Craney's career in futures stems from his keen interest in trading and the markets, as well as his background in production agriculture and finance. This knowledge along with a bachelor's degree in Agri-Business from Western Kentucky University have enabled Kevin to understand the hedging needs of agri-producers, to help them manage risk and assist them with their business needs. While completing his MBA at Indiana Wesleyan, Kevin pursued a career in finance in the corporate arena as well .... Read More

Have questions or comments on this article?

ESM2

Jun '12

Emini S&P

575

132825

11:41:58 PM

GCLM2

Jun '12

GBXCrdOil

9327

11:41:59 PM

ZCN2

Jul '12

GBX Corn

6202

11:41:23 PM

ZBM2

Jun '12

GBX BOND

-100

146160

11:41:38 PM

IDXM2

Jun '12

ICE $Index

-59

81465

11:47:25 PM

eView Newsletter
Subscribe to eView, our futures industry online newsletter, delivered twice monthly.

Futures Glossary | Disclaimer | Privacy Policy | Sitemap | Contact Us

© 2012 RJO Futures

222 South Riverside Plaza | 9th Floor | Chicago, Illinois 60606

800.441.1616 | 312.373.5478

The risk of loss in trading commodity futures and options is substantial. Before trading, you should carefully consider your financial position to determine if futures trading is appropriate. When trading futures and/or options, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Past performance is not necessarily indicative of future results.

You should carefully consider your investment objectives, level of experience and risk appetite before deciding to trade in the forex market. Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all or more of your investment therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.

There are several risk factors that may substantially affect the price, or liquidity of a currency or currency pair including, but not limited to creditworthiness, leverage, limited regulatory protection and market volatility. Because forex transactions are leveraged, any market movement will have an equally proportional effect on your deposited funds. This effect may work for you as well as against you. Further, the likelihood exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position.

Seasonal tendencies are a composite of some of the most consistent commodity futures seasonals that have occurred in the past several years. There are usually underlying, fundamental circumstances that occur annually that tend to cause the futures markets to react in similar directional manner during a certain calendar year. Even if a seasonal tendency occurs in the future, it may not result in a profitable transaction as fees and the timing of the entry and liquidation may impact on the results. No representation is being made that any account has in the past, or will in the future, achieve profits using these recommendations. No representation is being made that price patterns will recur in the future.

RJO is not responsible for any technical problems, system failure, communication line failures, equipment or software failures or malfunctions, system access issues, security breaches, high internet traffic or communication failure, failure of software, hardware or internet connection.

Any opinion, research, news analysis or other information contained in this website is provided as general market commentary, cannot be constituted as investment advice and is derived from sources believed to be reliable.

If you access and use this website, you accept and agree to be bound by, and comply with, the legal terms of use that must be accessed and read by clicking on the link "Disclaimer". You should access and read the Disclaimer before using this website. Changes may be made to the Disclaimer at any time without notice. Accordingly, you also agree to review the Disclaimer regularly and your continued access or use of the website means that you agree to any changes to the Disclaimer.