Sign inRecent Commentaries tagged (futures)
Euro Finishes Higher; Charts Indicate More Upside Likely
The Euro closed last week higher and in a position to continue the rally as financial tensions have eased enough in Greece to warrant the beginning of a short-covering rally. Technically, the main trend is up on the daily chart with 1.4009 a possible near-term target. Although most of the...
Grain Market Analysis
May soybeans on Friday closed lower, near the session low, hit a fresh five-week low and closed at a bearish weekly low close. Soybean bears have the near-term technical advantage and gained fresh downside technical momentum late last week. The next downside price objective for the bears is...
Daily Comments for Monday, March 15, 2010
Friday left the market with a split close, the Nasdaq Composite and S&P 500 closed slightly red on the day. The Nas 100 and the Dow closed marginally green on the day. All the broader markets showed a gain on the week and closed very near the highs for the week. The weeks range was not huge...
The Trend Trader For Futures Trading on Monday, March 15, 2010
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling...
Stocks Poised to Continue Rally; Demand for Risk Weakens Dollar
Retail Sales just came out bullish. Equity markets are soaring. Bonds are breaking. The Dollar is plunging. The market reads this report as good. The key will be to be able to separate the report from the trade. The question is will U.S. investors chase equity market higher or wait for a...
BIG MAC DADDY TRADES 03/11/2010
ALL PERFORMANCE IS HYPOTHETICAL BIG MacDaddy Trades for 3-11-10 June Gold sell at 1097.8 on a stop; buy stop at 1131 THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS, AND MAY NOT LIMIT LOSSES TO THE AMOUNT INTENDED. CERTAIN MARKET CONDITIONS MAKE IT DIFFICULT OR IMPOSSIBLE...
BEAST TRADES 03/11/2010
ALL PERFORMANCE IS HYPOTHETICAL Beast Trades 3-11-10 July Corn sell at 368 on a stop; buy stop at 389 1/2 THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS, AND MAY NOT LIMIT LOSSES TO THE AMOUNT INTENDED. CERTAIN MARKET CONDITIONS MAKE IT DIFFICULT OR IMPOSSIBLE TO EXECUTE...
Energies Market Commentary
April crude oil closed up $0.11 at $82.20 a barrel yesterday. Prices closed near the session high yesterday. Crude oil bulls have the solid overall near-term technical advantage. However, recent history has shown that as prices approach $85.00 a barrel, rallies do peter out. The next upside...
Daily Comments for Friday, March 12, 2010
Thursday closed the day higher making 10 of the last 11 days with higher closes for the broader markets. The volume was incredibly light today so once again we lift on light volume. The participation is just not hitting on all cylinders for this market still. The Nasdaq continues to march...
The Trend Trader For Futures Trading on Friday, March 12, 2010
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling...
OPTION TRADES OF THE DAY-SEPT WHEAT
OPTION TRADE OF THE DAY! 03/11/2010 MARKET- SEPT WHEAT Seasonal tendencies suggest that wheat tends to peak out & fall throughout the summer season (Wheat is just tasty grass after all). To take advantage of this tendency, we recommend the following trade strategy BUY 1 SEPT WHEAT 480 PUT/...
Cocoa Reversal?
Just a reminder, these charts are posted as examples of the trades on the nightly COT Signals email. These trades will help illustrate the mechanics that go into creating the nightly email.May cocoa has been selling off since the beginning of the year. Throughout this time, Commercial momentum...
U.S. Equity Markets Expected To Open Weaker This Morning
U.S. equity markets are expected to open weaker this morning but off their lows. Last night’s news that China’s inflation was higher than expected, fueled speculation of a rate hike which helped drive down demand for higher yielding assets. The lack of follow-though to the downside has...
THE BEAST TRADES 03/10/10
ALL PERFORMANCE IS HYPOTHETICAL Beast Trades 3-10-10 June Euro sell MOO/ buy March Euro MOO Rolling out June Pound Sell MOO/ buy March Pound MOO rolling out July Bean Oil buy at 4118 on a stop; sell stop at 4004 THE USE OF STOP LOSS OR CONTINGENT ORDERS MAY NOT PROTECT PROFITS, AND MAY NOT...
OPTION TRADE OF THE DAY-JULY COTTON
OPTION TRADE OF THE DAY! 03/10/2010 MARKET- JULY COTTON Seasonal tendencies suggest that cotton should be heading lower and the push higher from recent fund buying should lose steam. To take advantage of a pullback in prices, we suggest the following trade BUY 1 JULY COTTON 79 PUT/ SELL...
