[flaglady47]

I still don’t quite get this futures thing. If futures are pending sales, how is it they go down in value before they are even sold? And do they go down even more when the day starts? Or are they sold the minute the opening bell rings? When are they or did they get sold and anyone knows that their value has gone down. I don’t get it.

[the invisib1e hand]

their prices are set by markets. futures are traded on markets all around the world. additionally, us stock futures start trading earlier.

And finally, the indexes the futures are based on can be calculated mathematically from the overseas trading of their respective stock elements, whether the futures are trading or not.

[azhenfud]

"I still don’t quite get this futures thing."

Me either - I have enough prollems with the todays and nows.

[aroundabout]

Futures are based on buy or sell orders placed before the market opens for trading. That’s why they are called “futures”