The U.S. dollar fell moderately on Tuesday as foreign currencies rallied. It was normal profit taking after the recent strength in the dollar. The biggest currency action was the Japanese yen which moved up over 100 points on aggressive speculative buying. U.S. stocks fell while bonds saw a strong rally on “safe harbor” buying. The real stars on Tuesday were the …
Windy City Jim’s – Daily Trade Recommendations (4/12/17)
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 …
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). …
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 …
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 …
Currency comment 4/5
There was little net movement in the values of either the dollar or foreign currencies on Wednesday. However, after an early rally, U.S. stock indices fell with losses moderately heavy. Trading volume was larger than has been seen recently. Bonds closed higher on the weaker stock market. The high point in early trading was news that private payroll firm ADP’s survey …
Camkay’s March 2017 Monthly Report
Camkay Capital Management *Comments by Gary Hart Looking Back The Stock Indices Short-Term Program was up 3.43% in March and is up 6.25% for the first quarter of 2017. We got a little bit more market movement this month, and the trading systems in this Program caught some of the moves profitably. Composite rate of return table (net of all fees and …