The price of futures on the Ponce Market has jumped by a staggering 16% since Tuesday, as investors rush to buy their way into the market.
Market of choice: Pice market.US market futures are now trading at $6,999.21, up $0.17 from last week’s close of $5,997.73.
The Pice Market has been the market to beat all year, up 20.3% from a week ago to hit a record high of $7,078.93.
As a result, investors have been able to lock in a 25% premium to the price of the Pice on the US Futures Exchange, according to Reuters.
It is the highest daily price increase since September of this year.
“This is a record breaking rally that we are experiencing today, with our market prices on the futures exchange rising by a record 16% this morning,” said David Hickey, the Pisho Markets and Futures Co-Chairman.
Market of Choice – Pice Market Price Up Since last week: $6,996.70 Current Market: Pice Price Up Since yesterday: 5,998.25 Market Overview: The Pice has been consistently the market of choice for buyers and sellers alike for the past several months.
The Pices market has gained about 24% since last week, while the S&P 500 has risen almost 5%.
The market has seen several major rally patterns occur this year, with the S & P 500 gaining around 13% and the Nasdaq rising 5.8%.
Investors have been trying to lock down the Pices price for months, with investors buying futures contracts in hopes of receiving a better price.
On Tuesday, the futures contract hit an all-time high of 5,856.80 per US dollar.
The price jumped by about 2% in the following 24 hours, rising by 17% by midnight.
Pice markets are expected to recover this week, as the S and P futures are set to trade at the record high price.