Futures Day Trading Signals (Wednesday, April 12th, 2017) Author: Windy City Jim 312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT BUY SIGNAL Commodity : May Coffee Previous Closing Price : 14020 …
Ag Commentary
The Wasde report is behind us. The numbers appear bearish over the long haul. The domestic carryover is raised 10 million bu. The global carryover is raised 4.6 mmt. The global number is 87.4 mmt This represents a 10 mmt increase year on year. The bean availability globally is very astounding. The long term outlook will remain bearish without a …
Livestock Report
Live Cattle June Live cattle rallied from the38 % retracement level (111.76) and traded to a high of 113.65 on Monday, April 10, 2017. It couldn’t quite make it to the March 23 high (114.20) as the 21 DMA (113.725) stopped the advance. Price failed from the high and Live Cattle traded down to the low of the day (112.10). …
United States Full Grain Weather Update
For the latest full United States Grain Weather Update from WxRisk.com, CLICK HERE. For those interested, Sean Lusk, Director of Walsh Commercial Hedging Services, hosts a FREE Grain Outlook Webinar every Thursday at 3:00PM CST. REGISTER NOW. Last week, Sean co-hosted with Ben DiCostanzo a Grain & Livestock Outlook Webinar. If you missed it you may VIEW A RECORDING.
Equities struggle to hold on to gains
Dow Jones futures moved higher of the open on Monday, before getting knocked down mid -day. The index traded just shy of 20,700 then pulled back almost 150 points on geo-political headlines. Reports of 150,000 Chinese troops along the North Korean border gave the market a push down before holding near the 20,550 level. The market rebounded nicely, climbing back to …
Livestock Report
Live Cattle June Live cattle made its low (108.67) for the down move on Wednesday, April 5, 2017 trading to the 50% retracement level (108.775) of the rally from the October 13 low (96.10) to the January 19 high (121.45). Thursday and Friday saw price recover from support as Live Cattle rallied past the 38% retracement level (111.76) to 112.70. …
Currency comment 4/7
The U.S. dollar pushed strongly higher Friday; foreign currencies were much weaker. The main cause of the strength in the dollar was a surprise military strike by the Trump administration against Syria. The cruise missile strike was as punishment for the poison gas attack by the Syrian government against their own population earlier in the week. Stock indices were higher …
United States Full Grain Weather Update
For the latest full United States Grain Weather Update from WxRisk.com, CLICK HERE. We will host a FREE Grain & Livestock Outlook Webinar TODAY, Friday, April 7th at 2:30PM CST. REGISTER NOW. For those interested, Sean Lusk, Director of Walsh Commercial Hedging Services, hosted a 2017 Spring Grains Outlook Webinar on Thursday, March 30th at 3:30PM CST. This webinar covered: Technical …
Equities settle down, return to positive territory
A little less bumpy After Wednesday’s wild ride, the equity futures traded with a little less volatility and closed higher on the day. The market moved steadily higher off the open, with small retracements through out the day. Gone from today’s session were the blurbs and headlines that had Wednesday’s trading flying around. A better than expected ADP Employment report …
BNC Results Through March 2017
Below you will find the FINAL results for: March, 2017. If you would like more information about Bluenose Capital Management, LLC and these trading programs, please contact me directly. Bill Reavis Director of Asset Management 312-957-4731 breavis@walshtrading.com VIEW FULL PERFORMANCE Returns provided by: Bluenose Capital Management, LLC || rmclallen@bluenosecap.com Tel. (703) 842-3323 || http://www.bluenosecap.com 405 Berry Street SE, Vienna, VA …