5:15pm (EST)
We wanted to give a quick update before we sent out Sunday’s Weekly Wrap and we hope everyone is enjoying their weekend. It is a great time to unwind as we all know the market can be stressful.
We also enjoy our weekends too, but anytime you have money in the market or ongoing trades you can’t help but to check the futures to see where the market might open on Monday morning.
Friday was a sweet day for the bulls and we are hoping the rally continues. We mentioned how the market might plow forward for the first few weeks of March and so far, so good. If we’re lucky, the rally continues this week as futures are showing a HUGE open come Monday.
Of course, things can change on a dime but as of now, the Dow futures are up 114 points to 10,545, S&P 500 futures are higher 14 to 1,136 while the Nasdaq100 futures are showing a 26 gain to 1,886.
We will be back Sunday night with a complete update…