FED Chairman Ben Bernanke will give his first press conference after the conclusion of the FOMC meeting this afternoon. Traders Should be prepared for the outcome of the FOMC and to listen to Bernanke’s press conference.… read more
Monthly Archives: April 2011
MBA Purchase Applications for April 27, 2011 – Economic Calendar, Futures Trading news, trading news, Economic News
According to the Mortgage Bankers Association for the week of April 22, 2011 there was a drop in the number of new applications and refinance application. Overall composite was therefore down. Prior Actual Purchase Index – W/W Change 10.0 % -13.6 % Refinance Index – W/W Change 2.7 % -0.6 % Composite Index – W/W Change 5.3 % -5.6 % … read more
Economic Calendar for Tomorrow April 27, 2011 – Economic Reports, Economic News, Trading News, Futures Trading
MBA Purchase Applications 7:00 AM ET Durable Goods Orders 8:30 AM ET EIA Petroleum Status Report 10:30 AM ET 5-Yr Note Auction 11:30 AM ET FOMC Meeting Announcement 12:30 PM ET… read more
Reversal Dates for April 27, 2011 – Swing trading Strategies
Traders should be aware of tomorrow’s Reversal Dates. Pay close attention to the market action before making our next move Reversal days for : Lean hogs and Japanese Yen… read more
Market Wrap Up for April 26, 2011 – Futures Trading, Futures Markets,
Time stamp: 2:45pm Stock Indices showed some strength June Mini Dow last @ 12529 June ES last @ 1341.75 June Mini NASDAQ last @ 239200 Gold Steady, Silver has an astounding day/volatile day, Copper weak June Gold @1504.4 May Silver @ 4524.5 May copper @ 43210 Inside Day in the Dollar Index however slightly higher June Dollar Index @… read more
Consumer Confidence for April 26, 2011 – Futures Trading News, Trading News, Economic Calendar, Economic news
Released on 4/26/2011 10:00:00 AM For Apr, 2011 Prior Consensus Consensus Range Actual Consumer Confidence – Level 63.4 65.0 63.0 to 65.0 65.4 … read more
Futures market news – Grain opening calls
CHICAGO, April 26 (Reuters) – Wheat futures were called toopen 6 to 8 cents per bushel lower at the Chicago Board ofTrade on Tuesday as traders were expected to lock in profitsfrom the market’s rally to a two-month high on Monday. * The market still had good fundamentals underpinningvalues and declines were expected to be… read more
Swing Trading Strategies – Silver has reached project Time and Price Target objectives! [chart]
From the April 26, 2011 issue of the TMV Swing Trading Report. May Silver – During Monday’s session (April 25, 2011) Silver surged $3.76 to reach a new contract high at $49.82. The huge price spike was spurred by speculation that China will buy precious metals to diversify its foreign-exchange reserves. The market quickly gave… read more
S&P Case-Shiller HPI for April 26, 2011 – Trading News, Economic News/reports, Economic Calendar, Futures Trading News
Released on 4/26/2011 9:00:00 AM For Feb, 2011 Prior Actual 10-city, not SA – M/M change -0.9 % -1.1 % 10-city, Seas. Adj. – M/M change -0.2 % -0.2 % 10-city, not SA – Yr/Yr change -2.0 % -2.6 % … read more
Redbook for April 26, 2011 – Trading News, Futures Trading, Economic Reports, Economic Calendar
Redbook up 0.2% from 5.1% to 5.3%… read more