[display_podcast] Commentary: Good morning it is May 27 at about 520 in the morning. Today at 830 am ET the “Personal Income and Outlays is going to be released. Personal income is the dollar value of income received from all sources by individuals. Personal outlays include consumer purchases of durable and nondurable goods,… read more
Tag Archives: Stocks
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
Trading in Futures – Market Wrap up for April 19, 2011
Stock Indices found strength into the close June Mini Dow closed @ 12225 June ES closed @ 130850 June Mini NASDAQ close @ 231050 Metals are once again on the Rise, making new highs fanning the inflation Flames June Gold @1495.5 (2:36 pm MST) May Silver @ 4398.5 (2:36 pm MST) Inside Day in the Dollar Index however… read more
Grain Stocks / Futures Broker
US Sep 1 Stocks: Soybeans 0.151 Bln Bushels, Vs 0.571B US Sep 1 Stocks: Corn 1.708 Bln Bushels, Vs 4.310B Jun 1 US Sep 1 Stocks: Wheat 2.459 Bln Bushels, vs 0.976B Jun 1 USDA US Revised 2009 Soybean Crop 3.359 Bushels USDA 2010 All Wheat Crop 2.224 Bln Bushels; Vs 2.265B Aug… read more
Swing trading futures – Bearish Reaction in Cotton [chart]
Tuesday’s Crop Production report indicates that U.S. production will increase 37 percent in the next marketing year, due to an increase in harvested acreage and “unusually favorable” soil moisture in Texas. Looking at the chart, I see a bearish swing pattern forming under the 20-day EMA that could trigger the next market decline. Sell Cotton… read more
Initial Jobless Claims [3/25/2010]
According to Reuters: Initial claims for state unemployment benefits fell 14,000 to a seasonally adjusted 442,000 in the week ended March 20, the Labor Department said. The report included annual revisions to the weekly unemployment claims seasonal factors going back to 2005. * Using the old seasonal factors, claims would have dropped only to 453,000,… read more
Greece wants European solution to debt crisis- finmin
ATHENS, March 23 (Reuters) – Greece wants a European solution to its debt crisis and expects positive results from a European Union summit on March 25-26, Finance Minister George Papaconstantinou said on Tuesday. Germany and its EU partners are in disagreement over financial support for Greece, whose debt load is seen hitting 120.4 percent of… read more
EIA Energy Stocks Report [3/17/2010]
The U.S. Department of Energy (DOE) said that crude oil supplies were up 1.0 million barrels last week to 344.0 million barrels. Supplies of gasoline were down 1.7 million barrels and heating oil supplies were down 1.4 million barrels. The DOE also said that refinery use slipped from 80.7% to 80.6% of capacity last week.… read more
Export sales [3/11/2010]
U.S. exports dipped 0.3 percent, reflecting weaker sales of a wide variety of products from civilian aircraft and machinery to agricultural products. But imports dropped by a larger 1.7 percent as both oil and foreign cars saw big declines.… read more
EIA Energy Stocks Report [3/10/2010]
03/10 09:59 CST Crude oil stockpiles climb by 1.4 million barrels Crude oil stockpiles climb by 1.4 million barrels By DEBORAH JIAN LEE AP Energy Writer NEW YORK (AP) — Crude inventories rose less than expected last week, while gasoline supplies dropped, the government said Wednesday. Crude inventories rose by 1.4 million barrels, or 0.4… read more