22 October 2015

SP 500 and NDX Futures Daily Charts - Tech Weenie Madness


US equities were off to the races this morning on remarks from Mario Draghi of the ECB that suggested that they would be considering various types of stimulus for a weak euro economy at their December meeting.

After the bell, Amazon and Alphabet, the stock formerly known as Google, reported better than expected numbers, and the tech futures did a moon shot as you can see from the chart below.

Run bully run.

Have  a pleasant evening.