According to the Wall Street Journal GE reported a 77% increase in their first quarter earnings. However, its easy to do when you don’t have to pay taxes. Don’t we all wish that we could spend frivolously and not be held accountable for our decisions. Needless to say GE shares were up 2.2% at $20.85 per… read more
Monthly Archives: April 2011
Markets Closed for Good Friday
The Futures Markets will be closed on Friday April 22, 2011 in honor of Good Friday. However, trading will resume at its normal time on Sunday April 24, 2011… read more
Philly Fed Survey jumps 7.5 points: April 21,2011
The Philadelphia Fed Survey rose 7.5 points to 43.4 in March. This is the best reading since 1984. The Philly Fed survey is a business outlook survey that attempts to measure the manufacturing conditions within the Philadelphia Federal Reserve district. This measurement of the economy is typically used as an indicator of manufacturing sector… read more
Jobless Claims rise by 27,000 in April 9 week.
Released on 4/21/2011 for the week of 4/16/2011 Initial Jobless Claims rose by 27,000 dollars in the week of April 9th reaching a total of 412,000 claims. Why should investors care? Jobless claims are a compilation of weekly unemployment insurance filings by individuals who are filing for the first time. The ebb and flow of these number… read more
Trader Alert: Jobless Claims Report in 15 mins – 8:30am ET
Trader’s should be prepared for the Jobless Claims Report at 8:30am ET today Thursday April 21, 2011. Stay tuned at www.tradersnetwork.com/blog for updates… read more
Reversal Day Projections for April 21, 2011
Tomorrow Thursday April 21st, 2011 keep an eye out for the projected reversal day in Soy meal. What is a reversal? A day to note the market action. These projections can mark the beginnings a reversal.… read more
Economic Reports for Tomorrow April 21,2011
Be prepared for the following Economic Reports for Tomorrow April 21,2011: Weekly Bill Settlement Jobless Claims 8:30 AM ET Philadelphia Fed Survey 10:00 AM ET Leading Indicators 10:00 AM ET EIA Natural Gas Report 10:30 AM ET 3-Month Bill Announcement 11:00 AM ET 6-Month Bill Announcement 11:00 AM ET 2-Yr Note Announcement 11:00 AM ET 5-Yr Note Announcement 11:00 AM ET 7-Yr Note Announcement… read more
Trading in Futures -Market Wrap up for April 20, 2011
Stock Indices were on the rise June Mini Dow closed @ 12455 June ES closed @ 133425 June Mini NASDAQ close @ 237600 Metals are once again on the Rise, making new highs fanning the inflation Flames aided by a continued decline in the Dollar June Gold @1489.9 (close) May Silver @ 4446.1 (close) The… read more
Systematic Swing Trading – Using Probabilities to Gain a Psychological Edge
To read More, please check out our post at http://www.elitetrader.com/vb/showthread.php?s=&threadid=219078… read more
Reversal Day in Corn- April 20, 2011
Today is a reversal day projection in corn; therefore this is a key day to note Corn’s Market Action, pay attention to the markets set up and prepare for our next move. We will keep you posted via: and on our Blog… read more