The futures may fall during his actual speech... but they rose strongly up during intra day trade today in a pre-speech rally like they usually do before he gives any kind of talk... it was and is quite profitable to play it that way... although now you may be right buy the pre-speech sell the speech...
Like always the transcript has been released already before hand. What's the news that will crack the futs?
US President George W. Bush warned Iran Monday that the United States will "confront those who threaten our troops" and defend its allies and interests in the Gulf. Bush, in excerpts of his State of the Union speech provided by the White House, also urged Tehran to suspend its uranium enrichment program, embrace political reforms, and "cease your support for terror abroad." - Breitbart
He will again re-assure our depressed, faked out, panic ridden light weight citizens tonight. The market is full of these wait and see traders for the light volume today and they may get a get a jolt or maybe not. I donot have much hopes for them they might as well sell it all and go home and shave.
Well of course bush does suck. But where's the impetus? There's no news in the speech. His show has already been digested by the market.
"Jan. 28 (Bloomberg) -- President George W. Bush will tell Americans tonight that they should remain confident about the prospects for U.S. economic growth even as they are concerned about a possible slowdown in the near future. ``Our economy is undergoing a period of uncertainty,'' and in many U.S. households ``there is concern about our economic future,'' Bush will say in his final State of the Union address to Congress, according to excerpts of the speech released by the White House. ``In the long run, Americans can be confident about our economic growth.'' Later he added, "Anâ I say: In the long run y'all be dead"