December 8th, 2023 Rollover. Today and Monday mark the peak of the Roll for stock index futures, days I choose not to trade. Why? Because I lack an edge during these times. Rollover is when a trader shifts their position from the front month contract to another contract further in the future. This isn’t about […]
IN THE OVERNIGHT 8 DECEMBER
HAPPY NFP Day!! Asia Mixed…Europe GREEN TOP STORIES OVERNIGHT Yen Watchers Brace for Even Wilder Swings-BBG The foundations for the yen’s biggest surge in nearly a year were laid in Asia after Bank of Japan Governor Kazuo Ueda and one of his deputies made comments that traders took as hints of a looming interest-rate hike. A weak Japan bond auction added […]