Nice little squirt up after cash close Friday. Make me wonder if we rise Sunday night and early Monday morning.
Midnight rally a complete success. Some added news made for an eye popping rally. Reports are that Osama has been killed and body dumped at see...this should make for some great rumors as well. If I did not know better I would say someone knew about this late Friday judging the price action in the futures after cash close.
But seriously, you don't really expect a midnight rally every night??? Don't you think others would have noticed that??
Seven years ago I noticed this drift up in the index futures during the wee hours of the morning. Well folks it still works the same way.