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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call
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To: LTK007 who wrote (9308)4/4/2003 9:21:40 AM
From: Softechie  Read Replies (1) of 11447
 
09:17 ET S&P futures vs fair value: +6.8. Nasdaq futures vs fair value: +9.0.
Futures trade moves near its best levels of the morning, and as a result, the indices should start the day on an upbeat note... Conversely, the treasury market has been underwater this morning, as the steady advance on Baghdad has dragged treasuries lower, with the 10-year note down 14 ticks, for a yield of 3.97%.




08:55 ET S&P futures vs fair value: +4.9. Nasdaq futures vs fair value: +5.0.
Stage remains set for a higher start for the cash market as traders have not blinked an eye at the slump in March nonfarm payrolls... The market's fixation on the progress on the war front, along with the recognition that the employment report is largely a lagging economic indicator, has contributed to the positive tone of trading in the futures market.
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