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This show is so good because it not only talks about the markets , which we all are enthralled with, but also about finding out about ourselves and how it relates not only to our trading, but maybe even more important about how we see ouselves in the world we live in and how from the knowledge we take from this show can make ourselves a better human being in our life here on earth--I'll say it one more time"MAN I LOVE THIS SHOW"-thanks guys

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E-Mini S&P 500: Beware the rubber band!

The E-Mini S&P 500 extended yet another day on Federal Chairman Ben Bernanke’s words of continued support today! He suggested that the moderate pace of the recovery with the light inflationary concerns was still on target. The $600 billion dollar bond-buying program will expire June 30, but the money should be reinvested again perhaps. The “extended period” is still in place and with the US Federal Government support, the rally ensued in the E-Mini S&P 500. The US Federal Government is aware of the warning from Standard & Poor’s potential downgrade, but is modestly optimistic with the long-term plan and potential progress. In the midst of some fairly positive earnings reports, up seemed like the only way to go. General Electric rose 3.2%  to $20.75.  Boeing Co. rose 0.8% to $76.17. Whirlpool rose 0.3% to $88.14.  About 220 companies of the S&P 500 reported earnings of which 73% were above expectations.


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