Wheat called 3 to 5 cents lower Corn called Mixed Soybeans 4 to 5 cents lower slow export sales of U.S. wheat, profit-taking and long-liquidation: Wheat fields in northern and central Kansas showed yield potential that was slightly below average as dry weather may slow wheat growing stage… read more
Tag Archives: Trading News
ISM Non-Manufacturing May 4, 2011 – Futures news, Futures Trading, Economic News, Trading News, Commodity news, Commodity Trading, Futures Brokerage, Commodity Brokerage
Prior Consensus Consensus Range Actual Composite Index – Level 57.3 57.0 54.5 to 60.0 52.8 The ISM Non Manufacturing composite index showed a 2.4 points decrease to 57.3 in March from February’s 59.7 high. However, this is still above 50 which is considered a a month on month pace for continued growth. What is the… read more
MBA Purchases Applications for May 4, 2011 – Economic Report, Futures Trading, Futures Trading News, Commodity Trading, Futures and commodities trading brokerage firm, Trading news, Futures brokerage, Commodity brokerage
The past four weeks of for MBA purchase applications has been rather inconsistent (up and down); however, in the April 29th week the Mortgage Bankers Association index show a 0.3% gain. I would not call this stellar by any means and based on the past few weeks showing, this gain may be short lived.… read more
Economic Calendar for Tomorrow May 4, 2011 – Futures Trading, Commodity Trading, Futures Brokerage, Trading news, economic Reports
Traders should be prepared for the following reports for tomorrow May 4, 2011 Bank Reserve Settlement MBA Purchase Applications 7:00 AM ET Challenger Job-Cut Report 7:30 AM ET Eric Rosengren Speaks 8:00 AM ET ADP Employment Report 8:15 AM ET Treasury Refunding Announcement 9:00 AM ET 3-Yr Note Announcement 9:00 AM ET 10-Yr Note Announcement 9:00 AM ET 30-Yr Bond Announcement 9:00… read more
Market Wrap up for May 3, 2011 – Futures Trading, Commodity Trading, Commodity Futures trading, Trading news, Trading, Economic News, Swing Trading, Futures trading brokerage
Market Wrap up for May 3, 2011 … read more
Factory Orders May 3, 2011 – Futures Trading News, Futures Trading, Commodity Trading, Trading news, Futures Brokerage, Futures Trading Brokerage Firm, Economic news
Prior Consensus Consensus Range Actual Factory Orders – M/M change -0.1 % 2.0 % 1.7 % to 2.8 % 3.0 % The report showed that stregnth in March and also included revisions for February. The was a strong showing in auto sales sector and quarter-to-quarter factory shipments were on the rise to 5.4% in the first quarter. 5.4% is a tough pace… read more
Grain Opening Calls-Futures Trading, Commodity trading, Commodity Futures trading, Futures brokerage, Trading
Soybeans lower 10 to 12 cents Corn lower 2 to 3 cents; better planting weather out look this week Wheat 3 to 4 cents lower… read more
Redbook May 3, 2011- Futures Trading, Commodity Trading, Futures Brokerage, Commodity Brokerage, Commodity Futures Brokerage Firm, trading, economic news, trading news
Prior Actual Store Sales Y/Y change 5.3 % 5.5 % Year on year same-sales rate rose to 5.5% in the April 30 week.… read more
ICSC-Goldman Store Sales May 3, 2011 – Futures Trading, Commodity Trading, Trading news, Economic News, Futures and Commodity brokerage
Prior Actual Store Sales – W/W change 0.4 % -0.8 % Store Sales – Y/Y 3.2 % 2.8 % ICSC-Goldman’s same store sales index dropped 0.8% in April 30 week; this slightly below the avg.… read more
Reversal dates, markets to watch today. Swing trading strategies, swing trading signals, trading futures, trading futures, price action, action reaction
Tuesday has three markets with potential reversal dates that could set up a swing trading opportunity. June Lean Hogs – This market has been lower after peaking on the April 4, 2011 reversal date. The market is currently trading just above the downward sloping median line. This line typically provides support where a market can… read more