Monthly Archives: April 2011

FED Chairman Press Conference Today April 27, 2011 – Futures Trading, Trading, Trading News, Economic News, Economic Calendar

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

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

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

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