Nonfarm payroll employment for June rose 18,000 and unemployment rate is at 9.2% Private payrolls increase of 57,000 for June… read more
Monthly Archives: July 2011
Grains Opening Calls : Futures Trading News, Futures Trading Brokers, Futures Trading
Soybeans 4 to 6 cents higher Wheat 3 to 4 cents lower Corn 4 to 6 cents higher China buying corn Good growing weather … read more
Jobless Claims : Futures Trading News, Futures Trading Brokers, Futures Trading
New claims decline 14,000in the week of July 2 from 432,000 to 418,000… read more
Market Alert! Reversal date swing trading opportunity in the Sept S&P. swing trade strategies, swing trade signals, price action, action reaction, market timing, median line
The September S&P futures contract has advanced into the July 6, 2011 projected reversal date. The market began the price advance from a bullish TR pattern that formed between the June 17th and June 23rd reversal dates. The TR pattern has also formed on the downward sloping median line, adding to the pattern confirmation. The… read more
Grain Opening Calls : Futures Trading News, Futures Trading Brokers, Futures Trading
Soybeans 8 to 10 cents higher Wheat 8 to 10 cents higher Corn 3 to 5 cents higher China raised interest rates which gave strength to the dollar and pressured crude oil. Improving crop condition also gave some pressure. … read more
Challenger Job-Cut Report : Futures Trading News, Futures Trading Brokers, Futures Trading
Challenger’s count which comes in at 41,432 in June vs 37,135 in May and vs 39,358 in June last year. At 10,176, layoffs in June were heaviest in the government/non-profit category.… read more
MBA Purchase Applications: Futures Trading News, Futures Trading Brokers, Futures Trading
Purchase Index was up 4.8% in the week of July 1 Refinance Index down -9.2% Composite Index down -5.2 %… read more
Market Alert! – Swing Trade opportunity in November Soybeans. – swing trade signals, action reaction, market timing, price action, median lines
Reversal dates in both Gold and Silver triggered a sharp rally in both metals. The price action in gold suggests a possible swing pattern failure that could portend a new run at the old high, after a corrective pullback. Silver traded over $1.80 higher Tuesday’s session and bounced off the lower support level of the… read more
Grain Opening Calls : Futures Trading News, Futures Trading Brokers, Futures Trading
Corn 12 to 15 cents higher Wheat 20 to 25 cents higher Soybeans 10 to 15 cents higher Increased demand and a technical bounce following the sharp decline in prices late last week.… read more
Reversal dates for the week of July 4 through July 8.
Monday – July 4 – Tuesday – July 5 – Gold, Cotton, Cocoa Wednesday – July 6 – Lean Hogs, Heating oil, S&P, Eurocurrency Thursday – July 7 – Crude oil Friday -July 8 – Sugar … read more