Tag Archives | Russell 2000

S&P 500 Futures (Daily) chart for the Option Queen

Option Queen Letter

The low for the S&P June future’s contract on April 14, 2014 was1803.50 and the high, seen on April 24, 2014 was 1882.50. That trading range will remain for the coming weeks unless either the upper or the lower levels are broken decisively. This week we will have a two-day FOMC meeting with no scheduled […]

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NASDAQ 100 Futures (Daily chart), April 13, 2014

Option Queen Letter

The lines in the sand for the NASDAQ 100 are: 3413.70 and 3396.72. The 200 day moving average is sitting at 3388.23. The S&P 500 will find support at 1792 and 1780. We expect to see these markets open lower and then rally. No we are not totally oversold and continue to have some room […]

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Live Cattle Futures chart for January 20, 2014

Option Queen Letter

What Bitcoin the ETF!!!!! We are hearing that the Winklevoss twins have filed with the SEC for the Winklevoss Bitcoin Trust. In case you have forgotten, the Winklevoss twins enjoyed fame regarding their legal tangle with Mark Zuckerberg regarding Facebook. Tulips anyone? N’uff said! Leading up to the financial crisis of Lehman Bros….cattle cost an […]

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Russell 2000 Index

Are we Headed for a RUT – The Russell?

After 8 positive weeks that has lifted futures to record highs last week the Russell did have a negative week closing lower by just better than 2% failing to hold onto its gains. A rejection of the highs and lower trade could be a tell of what’s to come? It is too premature to call […]

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US SPX 500 Futures(Daily) - Option Queen

The Option Queen Letter

Look with an unemployment rate of 7.6%, (which, by the way, is totally bogus with actual unemployment in the teens), why would anybody suggest that minimum wage be increased? The current administration is also pushing to remove unpaid internships. A possible result will be the employment of more robots and less people to do the […]

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The Option Queen Letter

The Option Queen Letter by the Option Royals It really gets scary when you try to sell and ETF and discover that you can’t. It is almost as scary as breaking the buck on the money market funds. This past week, there were two instances where redemptions were halted on ETFs, State Street halted redemptions […]

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The Option Queen Letter

The airs is full of talk of sequestration and the resulting furloughs of air traffic controllers. Naturally this mess was quickly cleaned up when our elected officials needed to avail themselves of the flights. Now there is more to this than meets the eye, of course. How much of the delay was due to sequestration […]

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