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Monday Market Outlook: Calm Before the Storm?

by
October 10, 2011 9:57 am
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Every Monday, Benzinga Radio brings you trading intel from the S&P Futures Pit of the Chicago Board of Trade with TradersAudio.com’s Ben Lichtenstein.

Expect a slow start to trading this week due to the partial market closure, says Lichtenstein, but keep an eye on the charts just the same. High-energy trading is not unheard of on holidays. “Think back to the Dubai Debacle on the day before Thanksgiving two years ago,” advises.

Barring an outlier, though, signs point to a quiet week. But fundamentals are still geared toward volatility: the current S&P trading range is quite old, Western economic performance continues to be weak, and the Euro crisis rages on.

Make it a safe and productive week – we’ll see you back here next Monday.

Follow us: @lukelavanway @matthewboesler @benzingaradio @benzinga

And for our full range of podcast content, visit the Benzinga Radio homepage.


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