RJO FuturesCast

Daily Futures Market News, Commentary, & Insight

Overnight markets were generally mixed with most of the world seeing declines and the exceptions being some of the pacific markets.  It finally seems as if the higher treasury yields are giving investors another option besides the stock market.  We haven’t seen these treasury yield levels since 2011 as it broke 3.2%. Jerome Powell, the Fed Chair, stoked the fire by saying the central bank had ways to go before interest rates hit neutral. This suggests that there will be more rates hikes in the future. There will be some key earning reports this afternoon with Costco, International Speedway, and Constellation leading the way.

E-Mini S&P 500 Dec ’18 Daily Chart

E-Mini S&P 500 Dec '18 Daily Chart

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Jeff Yasak

Senior Market Strategist
Since leaving the corporate world in 1995, Jeff has established a name for himself as a trusted financial advisor and trading advocate—leveraging his studies in finance from the University of Wisconsin-Madison and Loyola University, 25+ years of experience, and a passion for the industry to guide both novice and experienced traders in pursuit of achieving their own financial reward. Jeff began his career as a clerk in the S&P 500 pit at the Chicago Mercantile Exchange—fostering a deep interest in the options market that eventually drove him into the retail futures sector where he spent several years as a broker’s assistant before taking on clients of his own. Operating at the intersection of strategy and success, Jeff seeks to establish meaningful relationships with clients—synthesizing financial data and offering timely insight that informs critical decision-making surrounding money management and trading activities. Well-versed in the futures, securities, equities, and indices markets, Jeff is uniquely positioned to direct his clients to success. With a carefully cultivated combination of experience and expertise, he is able to connect with clients to better understand their goals and offer sound financial guidance that delivers notable bottom-line results.
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