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 …
Daily Gold Report
Gold traded modestly higher finishing up $4.40 for Tuesday’s session settling at 1258.4. This was a few dollars below a key target area for technicians; the 200 day moving average at 1261.6. The rally comes a day after another horrible terror attack this time in St. Petersburg, Russia and economic data that was released today that missed expectations. However the push higher wasn’t enough to …
Windy City Jim’s – Daily Trade Recommendations (4/5/2017)
Futures Day Trading Signals (Wednesday, April 5th, 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 Soybeans Previous Closing Price : 937 …
Currency comment 4/4
A very quiet Tuesday as the dollar and foreign currencies closed with minor changes on very light trading volume. U.S. stock incises, after early weakness, closed marginally higher; bonds closed slightly lower. With no interesting fundamental news, investors remained focused on the infighting in Washington. The Congress is wrestling over the question of the new Supreme Court nominee. We are told the decision …
Currency comment 4/3
We saw a quiet trading session in currencies on Monday. Dollar up slightly, foreign currencies slightly lower. U.S. stock indices moderately lower; bonds higher. Most eyes are on Washington this week as the main story is over the battle between Democrats and Republicans on the question of the next Supreme Court member. Democrats say they will filibuster the nomination of Neil …
Livestock Report
Live Cattle June Live cattle made an attempt to rally on Wednesday, March 29, 2017 trading past the previous two days highs and then reversing course and closing near the day’s low, making a doji candle. Thursday’s trade saw the June contract breakdown from the low of the doji, right from the open. It also took out the low of …
Equities bounce back
The stock market moved higher along with the US Dollar , as Treasuries moved lower on Thursday. Dow futures were up 69 points, and the S&P 500 futures closed up 8.25 , able to move out of the horizontal trading we saw on Wednesday. Dow futures narrowly missed touching 20,700 again putting in a high at 20,694. The index came …
Currency comment 3/30
The dollar continued to rally Thursday. This was the third day of rally in the dollar after the heavy selling seen on Monday. The Euro currency was down heavily. The British pound was up moderately as traders reacted bullishly to the filing of Article 50 by PM May on Wednesday. U.S. equity indices were higher; bonds were lower. Investors are cautiously bullish …
Sideways trading dominates the day
One step forward, two steps back Dow futures closed down 36 points Wednesday, after a quiet consolidated session. The futures were limited to a 100 point range, with most of that taking place in overnight trading. The day session saw a lot of back and forth trading, staying in an even tighter range of 60 points for the entire day. …