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The Party Continues In Stocks

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S&P 500 Futures--- The S&P 500 in the March contract has now traded higher 8 out of the last 9 trading sessions settling last Friday in Chicago at 2742 while currently trading at 2789 up about 57 points for the trading week and finishing up 19 points this afternoon closing right at session highs.

The Dow Jones Industrial Average is now trading at 25,803 as it looks to me that we will crack 26,000 possibly in Monday's trade as I still see no stopping this market to the upside as large corporations are being repriced due to the fact of massive tax cuts and huge regulation cuts.

At the current time I'm recommending a short position in the 10 year notes which finished lower today as they will move in opposite directions as money flows continue to go into equities and out of bonds as I still see sharply higher prices out of all the equities in 2018 as I'm definitely not recommending any type of short position as this trend is incredibly strong.

Many large corporations hit all-time highs today including Apple, Alphabet, Microsoft, Amazon, and Netflix coupled with the banking industry such as J.P. Morgan which also hit all time highs as higher interest rates definitely help the financial sector so continue to play this to the upside as I still think the S&P 500 could produce a 25% gain in 2018 as I have been writing about that for quite some time.




If you are looking to contact Michael Seery (CTACOMMODITY TRADING ADVISOR) at 1-630-408-3325 I will be more than happy to help you with your trading or visit

Skype Address: mseery TWITTER---@seeryfutures



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There is a substantial risk of loss in futures and futures options. Furthermore, Seery Futures is not responsible for the accuracy of the information contained on linked sites. Trading futures and options is Not appropriate for every investor.

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About the author

Michael is the sole owner of SEERYFUTURES.COM which is a commodity futures and options consulting, advisory, and educational firm.

Michael frequently appears on multiple business networks including Bloomberg News, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He also writes market commentary for several commodity websites and is interviewed for commodity comments by the Wall Street Journal. He is also a guest on First Business, which is a national and internationally syndicated business show.
Michael started his career in 1990 at the Chicago Board of Trade as a runner. He soon worked his way up to becoming a Series 3 broker. He works with seasoned traders as well as novice beginners educating them on trading the futures markets as well as using simple and complex option strategies. Michael covers all markets including grains, metals, energies, and all other futures markets that are traded.
To Michael the biggest lesson any trader needs to learn is risk management. Michael believes this is the most important factor in trading. He also works with traders to help them determine the proper risk for their trading style. Michael has spent a lot of time educating his clients to help them understand trading strategies and trading techniques while enjoying spending quality time with customers going over the markets or just talking general trading philosophies.

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