Notice: To view this week's big picture outlook, click here. What Happened: Ahead of President elect-Joe Biden's inauguration, U.S. index futures auctioned higher overnight. What Does It Mean: After prices were advertised below balance in the week prior, responsive buyers in the S&P 500 began a rally that found acceptance back inside a larger balance-area, near the $3,800 high-open interest strike.
Market Commentary For 1/20/2021
Market Commentary For 1/20/2021
Market Commentary For 1/20/2021
Notice: To view this week's big picture outlook, click here. What Happened: Ahead of President elect-Joe Biden's inauguration, U.S. index futures auctioned higher overnight. What Does It Mean: After prices were advertised below balance in the week prior, responsive buyers in the S&P 500 began a rally that found acceptance back inside a larger balance-area, near the $3,800 high-open interest strike.