16 December 2011

SP 500 and NDX Futures Daily Chart - Zynga Pops 'n Flops on the Quad Witch



Today was a quad witching day and the SP and Russell are also re-balancing after the bell. So much of the volume today is back end loaded.

Zynga popped at 11 and flopped below its IPO price of 10. Not exactly bullish for US equities.

See you Sunday evening.