On Demand

Markets Commentaries

Showing Posts 1 - 6 out of 6 found.

ESM5: This Market Is Nuts

ESM5: This Market Is Nuts

Yesterday Well, we said it would be choppy.  The S&P 500 mini futures (ESM5) closed at 2073.25 Monday (Apr. 6) after a wild buying spree that pushed the price up about 35 points in the morning session, before falling back a little for the close. It was the biggest open-to-close bump since last November. The trading since the market closed for Good Friday has been a classic example of...

Continue Reading

Market Turbulence Ahead – Focus on WHR

Market Turbulence Ahead – Focus on WHR

Last week was a choppy trading week for the major market indices with one green day that led us to believe that the trend might continue higher and that was followed by two red days that took the indices back to prior tested support, and then a neutral day ahead of the Easter weekend. The market traded on thin volume, as expected ahead of a long weekend.   Analysts suggest the reason for the...

Continue Reading

ESM5: Market Losing Faith In The Fed?

ESM5: Market Losing Faith In The Fed?

 Yesterday The SP500 mini-futures (ESM5) struggled back from a sharp drop in overnight trading to close yesterday (Apr. 1) at 2053.00, about eight points below the previous close. That wasn't much for the Bulls to cheer about, but it represented a substantial victory. At one point, the futures had been trading 20 points below that level. There was no apparent reason, apart from the...

Continue Reading

A Closer Look At Wheat Ratios

A Closer Look At Wheat Ratios

Wheat export sales came in at 469-thousand metric tons, up 43% from the week prior.  The week prior was a marketing year low.  We had our usual spatter of Asian customers buying small amounts of wheat at a cash discount.  World-wheat buyer Egypt came in for 175-thousand metric tons as part of last week’s US line of credit offered and special incentives.  The announcement of their purchase...

Continue Reading

Corporate Debt, A Market Play?

Corporate Debt, A Market Play?

Today Actavis (ACT) issued $21 billion in bonds, the second biggest bond deal ever.  Given low interest rates globally, it makes sense for companies to issue debt.  However, according to research from Goldman Sachs (source:ZeroHedge), corporations have been the largest buyers of their own stock.  For example, in 2014 Goldman estimates $415B of net inflows into equities from corporates.  It's...

Continue Reading

Watch For Shifts In Commercial Traders’ Biases

Watch For Shifts In Commercial Traders’ Biases

One of the primary differences between professional traders and amateur speculators is that professional traders are only focused on the bottom line while novice traders typically find themselves in love with the story of a trade and are far more concerned with “calling the move.” It is this mentality that also leads new traders down the illusive path of homerun-hitting trading programs....

Continue Reading
        
Membership is Free. Join Now in less than 5 seconds! Alternatively Join or Sign In here.