Index for the month of May was at 74.3 up from mid-month72.4 Expectations index rose to 69.5 up two points from mid-month… read more
Tag Archives: Commodities
Grains Called Higher – Futures Trading, Commodities Trading, Futures Trading Brokerage
Corn called 4 to 6 cents higher Wheat called 15 to 17 cents higher Soybeans called 8 to 10 cents higher More rain in the forecast keeping the farmers out of the field… read more
Jobless Claims : Economic Trading News, Futures Trading, Futures Broker, Futures Trading Brokerage
Jobless claims for the week of May 21 was 20,000 higher than expected 424,000 The week of May 14 was at 414,000… read more
Grain Opening Calls : Economic Trading News, Futures Trading, Futures Broker, Futures Trading Brokerage
Soybean called up 5 to 7 cents higher Wheat called up 3 to 5 cents higher Corn called up 4 to 6 cents higher Grains up on bad weather condition delaying planting… read more
ICSC-Goldman Store Sales : Future Trading, Future Broker, Future Trading Company
For the week of May 21 same store sales down 1.0 percent and year-on year sales came in at 3.1 percent… read more
Currencies review – swing trading strategies, swing trade signals, action reaction.
Currencies are all trading under pressure from a higher dollar. The dollar is trading higher, after breaking out of a bullish reaction swing chart pattern that portends a continuation of this price advance into the May 26th reversal date. The British pound, Canadian dollar, and the Australian dollar remain bearish due to negative price action… read more
Grains Called Higher : Futures Trading Brokerage, Futures Broker, Commodity Trading Brokerage, Commodity Broker
Wheat called 12 to 15 cents higher Soybeans called 8 to 10 cents higher Corn called 10 to 12 cents higher Rain makes grain but you have to have it planted before that happens Also very good exports sale … read more
EIA Petroleum Status Report : Futures Trading Brokerage, Commodity Trading Brokerage, Futures Broker, Futures Swing Trading
Crude oil inventories came in at 0.0 barrels last week was 3.8 M barrels. Gasoline was at 0.1 M barrels Distillates was at -1.2 M barrels Imports drop and refinery demand went up which held down oil inventories at unchanged for the week of May 13.… read more
Opening Grain Calls : Futures Trading Brokerage, Commodity Trading Brokerage, Futures Broker, Futures Swing Trading
Corn 6 to 8 cents higher Soybeans 4 to 5 cents higher Wheat 1 to 2 cents higher Weather still play a role on crops… read more
Industrial Production : Economic News, Economic Reports, Economic Calendar, Trading News
Production came in at 0.0% Consensus was looking for 0.4% Prior was 0.8% Capacity Utilization Rate-Level came in at 76.9% Consensus was looking for 77.6% Prior was 77.4%… read more