In 1916, John D Rockefeller became the world's first billionaire and that was 1% of GDP. In 2026, $1 trillion would be 3% of GDP and Elon Musk has a shot at that tomorrow in the Space X IPO.
The Nasdaq 100 futures session traveled about 1300 points from low to high on Thursday's trade. A similar move of almost 1400 points from the overnight session lows that we already see for Friday's session would take the index back to all-time highs. During today's session 1000 points were generated from around the 11 am EST low to the 3:30 pm EST.
It appears as if the price action in the market since last Friday has more to do with this momentary pause and re-balance in time for the world's largest IPO and first trillionaire.
Tomorrow will at least be entertaining.
The markets were extremely choppy early in the day on Thursday as we wait for Friday. Last Friday was one of the best day's in some of our portfolios. Friday's can be some of the best trading days historically.
If the market play's "coy" early, as it did today, the market could make its move into the close.
Open Range 2026 NQ and Gap Continuations are some of the algorithms to watch in Friday's session.
Hypothetical Trading System Signals on 06-11-2026
25 System Portfolio NQ = -$14,515
7 System Portfolio NQ = -$3,720
3 System Portfolio NQ = -$1,695
2 System Portfolio NQ = -$1,695
Stock Index Portfolio 18 = -$12,730
Diversified Portfolio 57 (21 NQ Only) = -$12,730
Silver Portfolio = +$14,425
50K Portfolio (Micros) = -$606 (without Gold and Silver)