TMV Swing Trade report – Short June Crude oil @ 111.95 – Crude traded to a low of 110.71 and where it found support and reversed and traded above the daily high. This is bullish price action and could set up a new price advance. Time to exit the short position and stand aside for… read more
Tag Archives: Futures Trading
EIA Petroleum Status Report April 27, 2011 – Commodity Trading, Futures Trading, Commodity Futures Trading, Economic News
Released on 4/27/2011 10:30:00 AM For wk4/22, 2011 Prior Actual Crude oil inventories (weekly change) -2.3 M barrels 6.2 M barrels … read more
Durable Goods Orders – Futures Trading, Trading News, Economic News, Economic Calendar
Today’s Durable goods report showed some sizable increase. New Factory orders rose 2.5% in march after 0.7 % increase in the month prior. Prior Consensus Consensus Range Actual New Orders – M/M change -0.9 % 1.9 % 0.5 % to 3.0 % 2.5 % Ex-transportation – M/M -0.6 % 1.3 % … read more
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
Economic Calendar for Tomorrow April 27, 2011 – Economic Reports, Economic News, Trading News, Futures Trading
MBA Purchase Applications 7:00 AM ET Durable Goods Orders 8:30 AM ET EIA Petroleum Status Report 10:30 AM ET 5-Yr Note Auction 11:30 AM ET FOMC Meeting Announcement 12:30 PM ET… 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
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
Redbook for April 26, 2011 – Trading News, Futures Trading, Economic Reports, Economic Calendar
Redbook up 0.2% from 5.1% to 5.3%… read more
FOMC Meeting Begins Today April 26, 2011 – Futures Trading News/Economic Calendar/Economic News
The Federal Open Market Committee begins their two day meeting to discuss our Monetary Policy. They cover a variety of concerns such as inflation and overall economic strength. They will then disseminate their decisions to the public on April 27, 2011 in regards to whether interest rates should be raised, lowered or left unchanged. Traders/Investors… read more
Market Wrap up for April 25, 2011 – Commodity Futures Trading
Stock Indices showed some strength June Mini Dow closed @ 12436 (+9) June ES closed @ 1332.00 (+1.00) June Mini NASDAQ close @ 23785 (+1.00) Gold Steady, Silver has an astounding day/volatile day, Copper weak June Gold @1507. (+$3.60) (2:58 pm MST) May Silver @ 4688.5 (+83.1 cents) (2:58 pm MST) May copper @ 42990 (- 10.01 cents)… read more