JonesTrading’s Dave Lutz has a round up of what traders are buzzing about after the long weekend. Good Morning! Despite Geopolitical unrest (Ukraine, Pakistan, Gaza, ISIS, Iraq) S&P Futures are resting at fresh all-time highs, up 20bp this AM – but watch Smallcaps, Russell Minis are jumping nearly 50bp early – we will be On the lookout for a “Good Harbor” ETF rebalance today – Late August they moved to an overall allocation of 25% large cap equities and 75% treasuries – so sounds like they will chase smallcaps this month. The DAX is climbing 80bp, but …read more
Source: Business Insider
