Quadruple witching

S&P 500 futures vs fair value: +7.0 at 920.20. NASDAQ futures vs fair value: +12.25 at 1461.75. Stocks are pointing to a solid start on the third Friday of June. The strength at the stock exchange is mainly caused by the European markets. All major European bourses are trading in green, FTSE 100 up 1.89 % at 4361.65, DAX up 0.40% at 4856.72, and CAC 40 up 1.30% at 3235.62.

No events are scheduled on the economical calendar today.

Today, the final hour hour at stock exchange will bring us a very interesting experience called the quadruple witching; a day which contracts for stock index options, stock options, stock index futures, and the single stock futures all expire. There will be a great volatility at the final hour, up or down, however markets tend to correct themselves the following trading day.