This morning, the S&P 500 Index futures (ES U1) are trading higher by 6.00 points to 1327.50 per contract. The major stock indexes soared higher yesterday. The rally was very strong point wise, however, the volume was very light. In any case, if the major stock indexes can scratch out another gain today it will be the first two day winning streak since July 7, 2011. Traders must still pay attention to the news coming out of Europe, and the U.S. politicians regarding the debt ceiling. The market is still very sensitive at this time.
