2017.50 ES now...funny how there's been zero interference over the last 24 hours...just drip drip drip lower and then it spikes further down...
Back in the good old days there were OpEx's like this more frequently...of course this is kinda like the July exp in reverse...
Futures tanking since markets in China opened, unless Europe opens up on the positive side were headed for another nasty open I sold my SPXS at $19.30 after the close that's why market is down, FUTURES Index Close Cur Future Change 16990.69 16776.0 -141.00 FUTURES FAIR VALUE (40.69) Fair Val Close Cur Future Change 16957.69 16776.0 -181.69 Last Updated: Thu, 20 Aug '15 | 10:45 PM ET S&P 500 (MINI) FUTURES Index Close Cur Future Change 2035.73 2009.25 -16.25 FUTURES FAIR VALUE (6.83) Fair Val Close Cur Future Change 2032.33 2009.25 -23.08 Last Updated: Thu, 20 Aug '15 | 10:45 PM ET NASDAQ (MINI) FUTURES Index Close Cur Future Change 4385.13 4329.8 -36.50 FUTURES FAIR VALUE (16.83) Fair Val Close Cur Future Change 4383.08 4329.8 -53.2802 Last Updated: Thu, 20 Aug '15 | 10:44 PM ET RUSSELL (MINI) FUTURES Index Close Cur Future Change 1172.52 1157.2 -9.50 FUTURES FAIR VALUE (4.57) Fair Val Close Cur Future Change 1171.27 1157.2 -14.07 Last Updated: Thu, 20 Aug '15 | 10:4
hahaha told you tom lee would be on less than 24 hours after the close of one of the worst days in a year and half they have the most bullish guy on cnbc What the bears are missing: Tom Lee The biggest selloff of the year hasn't dented the confidence of the Street's biggest bull. The S&P 500 and Dow Jones Industrial average fell more than 2 percent Thursday, marking the worst trading day for both indexes since February 2014. But Funstrats Tom Lee, who has been one of the most bullish strategists on the Street for years, sees "positives in the market," and he's using the rare sell-off as a buying opportunity. "I think the housing recovery trumps what is happening right now in energy," Fundstrat's founder said. Housing starts in July rose at a seasonally adjusted rate of 1.21 million last month to its highest level since October 2007 and marking the third time in four months that figures reached a new post-recession high. "Housing is big enough to move the needle and more than offset the energy-related downturn," he added. "There's still a lot of upside for housing equities." Before yesterday's brutal selloff, the XHB homebuilders ETF, hit an eight-year high this week. Lee also sees encouraging signs in the technicals in the market. According to Lee's research, the percentage of stocks hitting 52-week lows as a percentage of total stocks hitting 52-week lows and 52-week highs is above 85 percent. By Lee's work, since 2002, each time that measure has hit that level, stocks have rallied 94 percent of the time in the following month. "Sentiment right now is awful," said Lee. "It's been a really tough couple of weeks. But the reality is when you're not feeling comfortable that's usually a better time to buy than when you're feeling confident."
RELAXXXXXXXXXXXXXXXXXXXXXXX just like that the markets are about to touch down and reverse, so just buy. You can't lose! Its always free money for the taking, so buy this dip and make more free money, the markets should be back at historical highs by October! Relax, we're about to hit the bottom in stocks: Jeffrey Saut Fred Imbert | @foimbert 3 Hours Ago U.S. stock investors take a breather, the market is nearing its bottom, Jeffrey Saut, chief investment strategist at Raymond James, said Friday. "Our timing models call for a low between Aug. 13 and Aug. 18, with a plus-or–minus three-day margin of error, so today it feels like capitulation," Saut said in an interview on CNBC's " Squawk Box." Saut made his remarks after U.S. equities recorded their worst trading day in about a year and a half. The Dow Jones industrial average fell nearly 360 points, while the S&P 500 turned negative for the year, as a massive fall in oil and global growth concerns weighed on investor sentiment. "We're nearing the bottom. We knifed through the July support yesterday. It was pretty ugly. You would look for some kind of bottom either sometime today or the middle of next week," Saut added. "I've been in this business for over 45 years and I've seen this act before," he said. "It's kind of like pornography. You know it when you see it." Getty Images Traders work on the floor of the New York Stock Exchange. Todd Gordon, founder of Tradinganalysis.com, also said in the same interview that investors need to relax. "What has happened really? Has any real damage been done to the uptrend in the market? I'm not so sure. I mean, we have China falling down, emerging markets are seriously on the brink of another extended leg down, but there's a lot of talk that the [upward] trend has been broken, and I don't think there's any significant technical damage done," Gordon said. "The stock market has done nothing but flatten out, which has allowed those longer-term moving averages to kind of play catch-up," he added. Nevertheless, Saut of Raymond James also said it has been a while since he's observed so much alarm in the market. "I have not seen this much fear since the spring of 2009, and we're only 4.5 percent off of the highs," he said.
Translated: Keep sending us your 401-k money...Don't worry about the "blips", it all works out in the end...(Of course, we apologize in advance if you actually "need" that money in between one of the euphoric bull market peaks...in that case you might be royally f'd.)