Slow Day

 

 

 by Larry Levin

There was no news to move the market Monday and after Friday’s large one-way rally, a slowdown the next day is normal.  Volume was extremely low, the profile’s structure was squat – there was absolutely no volatility.
 
The following day, Tuesday in this example, could lead to more of the same; however, it often leads to large trends.  There will be two economic reports before the open then two more after the open that should jump-start the markets.  
 
There should be more to write about tomorrow.

 

Trade Date: 2/14/11
E-Mini S&P Trades*
(before fees and commissions):

VA sell @ 8:48am at 1327.25 = b/e & b/e (2 lots)  Algorithm positions (3)  “Reading the Tape” positions (4) …combined Secret’s, Algo, & “Reading the Tape” total… -4.50

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