Here we go!

Now that June options and future contracts have all rolled over, time to move on.

Volume was very low for an options expiration Friday. That USA vs Slovenia soccer match really took a lot of traders out of the mix!    Actually, the entire week was a low volume boring time for an opex week.

This week should be a bit more news driven than last. A Fed rates decision is due on Wednesday. During the week we’ll see New Home sales, Durable goods orders, GDP and consumer sentiment…plus a rash of treasury bill auctions.

Futures are taking off Sunday evening!! Dow e-mini (YM) is already up +140, the S&P e-mini (ES) is up +17…if this holds up overnight we will get a big bang at the open! Oil is up almost 2 dollars and other commodities are following suit. Get ready for a rip roarin’ Monday!