Chain Store Sales Soft in May – Futures Trading, Futures News, Futures Trading Brokers

May’s reading on chain store sales were soft and thought to be held down by higher gas prices and bad weather.  However, these chain stores are remaining resolute in their guidance with warmer weather ahead and they expect a boost in June.  High end chains stores consumers are less affected by high gas price; although… read more

Be Prepared for Market Moving News – Futures Trading, Futures Trading New, Futures Trading Brokers, Futures Trading Brokerage

[display_podcast] Good Morning it is Thursday June 2nd. I am Samson Jagoras Coming to you from the Traders Network Trading Desk. Yesterday we saw a lot of heavy selling in the commodities and stock indexes.  However, most of the markets recovered some in the night session to back and fill some of yesterdays price action. … read more

Motor Vehicle Sales Rise in April – Economic news, Futures Trading News, Futures Trading Brokerage, Futures Brokers

April showed an increase in motor vehicle sales to 10.1 million sales of light motor vehicles; which is up from the previous month’s 9.9 million reading.  The import of vehicles  declined however, to 3.1 million from 3.2 million.  Therefore the combined reading of domestic and imported vehicle sales remained steady at 13.2 million annualized pace.… read more

Chicago PMI Numbers Slow – Futures Trading, Trading in Futures, Futures Brokers, Futures Trading Brokerage

Chicago PMI which compiles a survey and composite of diffusion of business conditions in the Chicago area showed a large slowing in new orders month on month. The Chicago PMI was down by 11 points in May 56.6 to indicate the slowest rate of monthly growth since November.  New orders declined by 13 points to 53.5; the worsed reading… read more