This morning, the S&P 500 Index e-mini futures (ES U1) is trading higher by 2.25 points to 1190.75 per contract. The major stock indexes in the United States have rallied for three consecutive trading days and trying to make it four in a row. Traders must be very careful today, after all, it is options expiration tomorrow. During the trading week leading up to quadruple witching options expiration the markets will often be very volatile and turbulent. The problems in the European Union are being swept under the rug these days ahead of the European Union (EU) meeting in Poland tomorrow. The EU gathering will include U.S. Treasury Secretary Tim Geithner as they try and create another bailout fund for the Euro-zone similar to the U.S. Toxic Asset Relief Program (TARP).
