AFF Member Stock Discussion

[Mr_Orange]

The S&P500 futures market has gapped up 50 points from Friday's close and is currently on an upward move. It will be interesting to see what it looks like tomorrow morning after the overnight trading session.

 

[Flashback]

The S&P500 futures market has gapped up 50 points from Friday's close and is currently on an upward move. It will be interesting to see what it looks like tomorrow morning after the overnight trading session.

That would explain why my portfolio took a nice little jump since I last had a look earlier last week.

 

[Freq Flier 2013]

The S&P500 futures market has gapped up 50 points from Friday's close and is currently on an upward move. It will be interesting to see what it looks like tomorrow morning after the overnight trading session.

What does gapped mean from a share market point of view?

 

[Mr_Orange]

What does gapped mean from a share market point of view?

Markets that trade 24/7 or 24/5 tend to open at the previous day's close (or near enough). In this case, the futures market opened this week's session 50 points higher than last week's close. When you look at the chart, there is actually a 'gap' between the high price of the previous bar and the low price of the current bar.

 

[Dr Ralph]

CSL


Bought more!

 

[drron]

Terrible day for me. The critical metal deal has fallen on deaf ears. Unfortunately as it should have.

 

[Mr_Orange]

Terrible day for me. The critical metal deal has fallen on deaf ears. Unfortunately as it should have.

I've been stopped out of LYC but still for a nice 78% profit.