What’s Up, What’s Down: Spotlight on Financials
Comments for July 25, 2011
Looking ahead to Monday by reflecting back on Friday’s trading
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors
SPOTLIGHT ON BONDS AND INTEREST RATE FUTURES
FINANCIALS: 7/25/11 Higher for the eurodollars, notes and bonds. The eurodollars have had an impressive looking rally closing higher for the fourth trading session in a row now near a possible buy signal even the the they they’ve not really been going anywhere overall for a few months. There is also good resistance over 9965 basis the Sept. contract. The notes and bonds both closed higher but still acting toppy especially the bonds. BUY SIGNALS FOR THE NOTES AND BONDS. CALL FOR DETAILS!
“A good plan is like a roadmap; it shows the final destination and usually the best way to get there” (H. Stanley Judd). Traders need a trading plan too. Download my TRADING PLAN TEMPLATE by clicking this link or copying and pasting it into your browser:
Rick Alexander has been a broker and analyst in the futures business for over thirty years. He is a Vice-President for Sales and Trading at the Zaner Group (www.zaner.com) a Chicago-based futures brokerage firm. Email Rick at email@example.com or call toll-free (888) 281-4158.
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors. The information in this Report and the opinions expressed are subject to change without notice. All known news and events have already been factored into the price of the underlying commodities discussed.