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Nasdaq futures market 12-30-2018

Overnight Futures Pop Higher

Overnight futures did a gap up open on Sunday night as of 4:45 PM Pacific time. It looks like the reason for the gap up open was a President Trump tweet on Saturday regarding trade negotiations with China.

Nasdaq Futures

Nasdaq futures market 12-30-2018

SmallCap 2000 Futures

SmallCap 2000 Futures 12-30-2018

S&P 500 Futures

S&P 500 futures on 12-30-2018

The negotiations with China are extremely difficult and no offense to President Trump but I think his tweet should be taken with a grain of salt in light of his history of exaggerating how well trade negotiations are going. Let’s be cautiously optimistic about a trade deal with China. Still, the tweet seemed to be good for at least a gap up open on the futures market but the night is still young.

China Trade In The Mainstream Media News

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