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What is the point of pre-market data on a Sunday night?

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Veteran
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Posted: #1
So if you go to CNBC on Sunday night after 6pm you see pre-market data.  I have a few questions:

  • What is the point of this data?  I mean I believe it doesn't have any correlation to the next days actions.
  • What causes this data to move red or green.

I guess I just don't know what the point of this data is.  Any help would be appreciated.
 
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Posted: #2
Its to give an idea about what the open might be and events that are around the world that could effect the SPX etc.

World news, weekend news etc is what causes the move pre-market.
 
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Posted: #3
 
Covers Linesmen
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Posted: #4
asia trades 12 hours in advance
 
 
Covers Linesmen
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Posted: #5
Koaj,

I think he was talking about early SPX futures being shown and discussed..not Asia.


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