SP 500 and NDX Futures Daily Charts – Quiet Trading Day On Rosh Hashana

Jon Blogosphere, Economy, Fiscal Policies, Market Commentary, Religion

Trading was quiet in New York today as a number of traders were off today for the Jewish holiday of Rosh Hashana.
Despite the lack of substantive follow up on the Deutsche Bank settlement rumours banks managed to bounce back a bit.
The markets were also cheered by ‘better than expected’ auto sales. Better than the Wall Street analysts estimated that is, but year-over-year decline.
Non-farm payrolls and the Fed will likely dominate the trade this week, with any of the several floating crisis points like Deutsche Bank shuffled to the ‘Mispriced Risks’ bin.

This post was published at Jesses Crossroads Cafe on 03 OCTOBER 2016.