Coming off what is traditionally considered the kickoff to the holiday shopping season, this week’s jobs data will likely be the lynchpin for economic hopes. Another month of lower than expected job losses would probably...
Read MoreLooking at the week ahead, we have month end today offering a measure of caution to bulls but with the new month and Goldman buying on the horizon I do nto look for any pullback. If we do get a pullback look to buy the dip with...
Read MoreWhile everyone was enjoying their Thanksgiving Day, there was some big news impacting the financial world as the Dubai Govt has asked investors to extend the maturity of upcoming debt amortizations of two of its state-owned...
Read MoreYes, some enjoy receiving faster fills, or cancelation confirmations, but if you have a good floor broker and open communication you should also receive the benefit of better fills on occassion. electronic fills don’t work...
Read MoreThe short Thanksgiving trading week has been building to what is widely considered one of the larger holiday shopping weekends of the year. Some encouraging economic numbers wrapped up the main part of this week opening the...
Read MoreThe WTI spreads have gotten considerably weaker the last few trading days losing more than -50 cents in the Jan/Feb contract going from -80 to -130. This is a sign of traders liquidating their Jan positions and buying up...
Read MoreGold is reaching $1,180/oz on the Comex exchange as the USD keeps losing steam against other major currencies. The Euro/USD is reaching that all amiportant triple top of $1.5050 so it will be interesting to see what Gold...
Read MoreHeading into the holiday I expect to see markets chop around with a slightly negative trend for corn as harvest continues to pressure the gulf. We ahve seen bean movemnt flater recently helping babis pop hoping to curtail...
Read MoreReports & Statistics Retail sales for October came in with a 1.4 percent increase. Excluding automobiles, the increase was 0.2 percent.1 The Producer Price Index, as reported by the Labor Department, showed a gain of...
Read MoreDisappointing housing data may trump early week enthusiasm and cast a pall on the market going forward. The S&P may have been clinging onto those fresh highs with tenacity, but the latest news could mean a choppy uphill...
Read More
