Cotton Souping Up
Several Turtle Soup Plus One signals are triggering
Bellies Up On Japan Ban
May pork bellies [PBK1] were up sharply today
on news that Japan has placed a ban
Dow Futures Go Bungee Jumping
Dow futures [DJM1] made good on its
appearance on the
Kicking The Dogging Dow
Stock index futures continue to disappoint as the hammer
is coming down on the Dow
It’s A Gas, Gas, Gas
Nat gas gets pounded after failing at the gap
Bucking The Fed
The dollar is sending a "loud-and-clear"message, rallying on news that normally would make it go down and therebyimplying it could hit new highs. Interest rate cuts usually spell lower currencyprices in countries where rates get cut as institutions move funds to thehighest-yielding "r
50-50
Financial futures are flat-lining ahead of the FederalReserves decision on monetary policy. The announcement is due out at 2:10 PMET. Just what is the market expecting? The best predictor of Fed action in thedays preceding FOMC meetings have consistently been the Federal Fundsfutures. The April
The Fourth Wave
If the previous pattern holds, the fourth wave could be up in the Spooz.
Oh, The Euphoria
Stock index futures thrashed, then dashed
Quiet Setups
Its a quiet session in futures trading, but manycontracts are setting up despite a session marked by low volatility. In the currencies, most contracts gapped up against thedollar but have slipped from their highs of the session. If the Fed cuts ratesby 50 basis points rather than 75 (.75%), this
The News At 10
The New 10-Day Low List is broadcasting loud-and-clear the economic story thatis effecting nearly all of the major commodity groups. Grains, currencies,metals, cattle, energies and softs all hit 10-days lows yesterday.Heres the deal. A declining economy, reflected by adeclining stock market, will d
The Japanese Put
Clawing for any resolution to a domestic economic crisisthat was credited with yesterdays plunge in global stock markets, the Japanesegovernment said it would consider buying shares from banks and other companiesthat wish to sell stocks before the end of the fiscal year at the end of thismonth.