i am able to trade it right now (UK CFD) and it is quoting 5 handles down as i write this. so, what's your take?
Nice call on that CFD. I have no clue, but I think the CFD will not matter. The CFD is based on the CME or equity markets, and both are closed as of now. I don't know how liquid your CFD is (they are banned in the US) so possibly it will matter if it is liquid! The ES might open tonight with interest rates (they will open), so any body who is long or short can hedge.
We could rally a little depending on the damage. The storm looks worse now in terms of impact (than last Friday), but a relief rally may materialize. I normally go short delta when I sell vol, but went home long a bit of delta. Anyway, I don't see a big reaction either way before the NFP on Friday.
The duck tape limits my profits and the WD40 results in too much slippage...oh wait, you mean infrastructure repair...
everything is electronics, i don't understand why any exchange needs to be closed. if it is flood in ny, then move the trading to chicago. the exchagnes are ran by a bunch of cavemen.
Based on how logical markets have been lately, I would not be surprised if we rally on "less than expected storm damages"