Overconfident Euros
Euro FX futures
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PowerRating) andSwiss francs
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PowerRating) are plunging swiftly, down .00910 and .0074respectively, accelerating af
Groundhog Day
Energy traders looked to the groundhog for
Arctic Blast Fires Natural Gas
Natural gas staged its biggest one-day rally since
NAPM Detonates Bonds
The talk is that the Feds surprise inter-session interest rate cuton Jan. 3 came in response to a weaker-than-expected December National Association of Purchasing Managers(NAPM) report. Todays January 2001 NAPM came in at 41.2, versusa consensus estimate of 42.5, again weaker-than-expected. The
Uncle Al Guns It
Stock index futures and the dollar index sank after
Weekly Gas Glut
Unleaded gasoline is down sharply after weekly statistics from the American PetroleumInstitute and Energy Information Agency showed an inventory build-up eight to 10times greater than expectations. March unleaded gasoline
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No-Confidence Vote By Consumers
Financial futures are reeling in reaction to this mornings consumer confidencereport, which showed its biggest decline in over four years. Markets have takenthe report to mean that the Fed is likely to cut rates by 50 basis points, andmay in fact become more proactive by continuing to aggressively
Bonds Explode Confidently
Debt futures across the yield curve rallied and T-bonds
exploded as a
Dollar Fights The Fed
March dollar index futures
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PowerRating), from the Momentum-5List, are continuing their recent run, despite indications from the bondmarket that the Federal Reserve will cut interest rates by 50 basis points.Normally
Midsection Thaw Breaks Gas Trend
Temperature forecasts in the midsection
Haggerty Describes A Recent QQQ Trade From Beginning To End
Master Puzzler Kevin pieces together the big-picture Fibonacci background,
“volatility bands,” and intraday patterns to identify high-probability trade setups.
Cocoa Soup?
Cocoa
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PowerRating), from the Momentum-5List, is extending its parabolic run and also rallying out of a Pullback From Highspattern. Look for potential short covering later in the day and a potentialTurtle Soup Rever