Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Markets Start Higher, Can They Hold Up Today?

This morning, the S&P 500 Index e-mini futures (ES Z1) are trading higher by 6.25 points to 1241.50 per contract. The small move higher in the futures market comes as there was a better than expected Spanish bond auction, and positive economic data out of Germany. This news seems to be helping the European markets at this time. All traders should continue to follow the U.S. Dollar Index futures (DX Z1) closely as that index has really dictated every stock market move. The major stock indexes continue to trade inverse to the U.S. Dollar Index nearly everyday. This coming Friday is options expiration and there is likely going to be a lot of news and rumors released into that date. Traders should be prepared for exceptional volatility this week.   ...Continue reading here