Reply To: Traders Market Weekly: Global Market Dislocation at a Precipice

#43970
Truman
Participant

S&P futures vs fair value: -28.80. Nasdaq futures vs fair value: -87.50.

Futures for the major indices lifted off their lows recently.
The S&P 500 futures are down 28 points and are trading 0.7% below fair value.
The Nasdaq 100 futures are down 84 points and are trading 0.7% below fair value.
The Dow Jones Industrial Average futures are down 232 points and are trading 0.7% below fair value.

The 2-yr note yield is up eight basis points to 3.94% and the 10-yr note yield is up two basis points to 3.47%.

Energy complex futures continue a downward trend.

WTI crude oil futures are down 3.4% to $81.85/bbl
Natural gas futures are down 2.5% to $7.57/mmbtu.