Emini Trading Update – Wednesday 31 Aug 2011 (16:49)
Rushing to get this update out the door. Not much to say, that I don’t say in the video. Hope you traded well today.
Chicago PMI (Purchasing Managers Index)
Just a note on the Chicago PMI data release that surprised me today.
The number is released to PMI subscribers at 8:41 am (CST) and then to the general public at 8:45 am. Hence the volatility “early” at 8:41 am in the video above.
Bloomberg indicated that the number would “Merit Extra Attention” but not be “Market Moving”. Well – not today! Glad I was on the right side of that trade.
More information here on the Chicago PMI. HT to Howard M. for filling me in.
Good luck with your Emini trading.