e mini nasdaq futures shed nearly 2% as market’s wild ride continues

E-mini Nasdaq futures 

e mini nasdaq futures. Nasdaq futures Dow futures fall more than 300 points, Nasdaq futures shed nearly 2% as the market’s wild ride continues. The Emini Nasdaq futures contract is the most heavily traded futures contract in the world. Learn how to trade it at Hooguy.

 

Nasdaq futures shed nearly 2% as market’s wild ride continues

 

After a wildly volatile session that saw the Dow erase a more than 1,100 point decline, U.S. stock index futures fell in early trading Tuesday to finish the day in positive territory.

Futures contracts tied to the Dow Jones Industrial Average lost about 330 points or around 1%. S&P 500 futures dropped 61 points, or 1.4%, while Nasdaq 100 futures tumbled about 271 points or 1.87%.

During regular trading Monday, the Dow gained 99 points, or 0.3%, and snapped a six-day losing streak. At the lows of the day, the 30-stock benchmark shed 3.25%. The S&P 500 advanced 0.28% for its first positive session in five, after losing nearly 4% earlier in the day. At one point the benchmark index fell into correction territory, dropping 10% from its Jan. 3 record close.

The Nasdaq Composite rose 0.6%, reversing a 4.9% decline from earlier in the day. The comeback was the first time the tech-heavy index clawed back a 4% loss to end higher since 2008.

“The buyers are coming in to buy the dip here,” Lindsey Bell, Ally’s chief money and markets strategist, said Monday on CNBC’s “Closing Bell.” “Things looked a little bit over-stretched to the oversold side, so it’s not surprising. But that doesn’t mean we are going to be in the clear … there’s a lot that we have going on this week,” she said

emini nasdaq 100 futures

Ultimately, Bell said volatility is here to stay until the Fed begins hiking rates.

Despite Monday’s comeback, the S&P 500 is still down 7.5% in January, its worst month since March 2020 at the onset of the pandemic.

The Fed’s signal that it would begin raising rates as soon as this March is the main culprit behind the market’s volatile start to the year. The Federal Reserve Open Market Committee will begin its two-day meeting on Tuesday, with an interest rate decision slated for Wednesday at 2 p.m. ET. The Fed is not expected to begin hiking rates just yet, but the central bank is expected to maintain a path to tighter policy this year as it fights the highest inflation in decades.

Micro E Mini Nasdaq 100 futures

Micro E Mini Nasdaq 100 futuresare a new type of derivative contract offered by the Chicago Board Options Exchange (CBOE) that allows traders to bet on the direction of the S&P 500 index. The contracts are designed for individuals and small businesses that do not have accounts with the CBOE.

The micro e mini Nasdaq 100 future is a derivative contract based on the S&P 500 index. It offers traders the ability to bet on either a rise or fall in the index, as well as expiration dates ranging from three months to one year. Contracts can be traded on margin, giving investors up to 50 percent leverage.

The CBOE launched micro e mini Nasdaq 100 futures in response to demand from individual and small business traders who do not have access to traditional options contracts.

“We’re in what I call the triple threat of … rapidly rising rates, and the market has been working overtime, as have all of the algorithms, to try to figure out what that means, and what that pace means for valuations and global equities,” UBS Private Wealth Management’s Alli McCartney told CNBC Monday.

Monday “is capitulation,” she said, before adding that while volatility is here to stay, the market narrative is beginning to shift towards one of strong earnings growth supporting stocks.

Monday’s volatility follows the S&P 500′s worst week since the pandemic took hold in March 2020. Spooked by rising rates, investors have rotated out of high-growth areas of the market in favor of safer bets. The yield on the benchmark 10-year Treasury note stood at 1.769% on Monday.

The tech-heavy Nasdaq Composite has been hit especially hard and fell into correction territory last week. The index is down 11.4% so far this year, underperforming the S&P and Dow, which have declined 7.5% and 5.4%, respectively.

“Considering expectations for solid gains in the economy and corporate profits…we’re not convinced the fundamentals support any near-term technical weakness beyond the classic 10.0% correction,” said John Lynch, chief investment officer for Comerica Wealth Management. “Yet a review of the technical and fundamental backdrops suggests a bottom is forming,” he added.

A number of earnings reports are on deck for Tuesday before the market opens, including Johnson & Johnson, 3M, General Electric, American Express, and Verizon.

Microsoft will report earnings after the market closes, along with Texas Instruments, among other companies.

Source: CNBC

Is the Micro E Mini Nasdaq 100 Futures Exchange a Threat to Traditional Markets?

Micro E Mini Nasdaq 100 Futures Exchange (MEMX) is a relatively new stock market that was created in early 2017. MEMX is designed to provide faster, more efficient trading than traditional markets. Some experts believe that MEMX could be a threat to traditional markets.

MEMX is based on the Nasdaq Stock Market, which is one of the largest and most well-known stock exchanges in the world. MEMX offers investors access to stocks and commodities from around the world. Unlike other stock exchanges, which are limited to listing only publicly traded companies, MEMX allows for the listing of private companies as well. This makes it possible for small businesses and early-stage companies to get exposure to a wider range of investors.

Some experts believe that MEMX could be a valuable addition to the stock market landscape.

In conclusion, the E-mini Nasdaq futures are a great investment for those looking to get exposure to the tech sector. They offer a high degree of liquidity and are very easy to trade. For these reasons, they are one of the most popular futures contracts on the market.

 

 

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