This morning, the S&P 500 Index e-mini futures (ES-M3) are trading lower by 7.00 points to $1643.00 per contract. It seems investors are selling the major stock indexes ahead of the opening bell on continued worries over Japan, Europe, and the end of QE-3 as we know it. These are all legitimate concerns that investors should have considering there has not been a single 10.0 percent correction in the market for nearly a year. Many traders and investors know that when a central bank prints money to inflate asset prices it will eventually lead to another bubble and perhaps a stock crash. This is evident if you just look at what happened to the Nikkei 225 Index yesterday when it plunged lower by 7.0 percent.
Today, is the final trading session before the Memorial Day holiday in the United States. Usually, trading volume will become very light after the first couple of hours of the day, this light volume will usually favor slight upside. This is why the Friday trading session is rarely negative, we call this the Friday effect. So traders should watch for some early volatility and then a more subdued trading environment into the closing bell. Some leading stocks that should be volatile at the open include Google Inc (NASDAQ:GOOG), Apple Inc (NASDAQ:AAPL), Amazon Inc (NASDAQ:AMZN), and Facebook, Inc. (NASDAQ:FB).
