Monthly Archives: February 2018

Events that Matter and Why – Economic Releases

By |February 25th, 2018|

Depending on the product you trade, the impact of each of these releases will vary. Past performance is not indicative of future results. this WEEK'S MAJOR U.S. ECONOMIC reports in Eastern Time MONDAY, FEB. 268:30 am Chicago Fed national activity index10 am New home salesTUESDAY, FEB. 278:30 am Durable goods orders8:30 am Core capital equipment orders8:30 am Advance trade in goods9 am Case-Shiller home prices10 am Consumer confidence index10 am Jerome Powell testimony WEDNESDAY, FEB. 288:30 am

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Harvest Report. Beans Blew Past the Teens!

By |February 20th, 2018|

Looking good! Feeling Good! My favorite line from Trading Places... The Soybean trade is looking incredible. We blew past beans in the teens and are now in the 20's. I see some more movement to the upside this week, but I am carefully raising stops. I don't want to give too much back on a reversal.Our other trades are coming around as well. The short on Gold is back in the money and Hogs are still getting slaughtered. I am looking to take some profits in the next week or two. Here are my

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Events that Matter and Why – Economic Releases

By |February 18th, 2018|

Depending on the product you trade, the impact of each of these releases will vary. Past performance is not indicative of future results. this WEEK'S MAJOR U.S. ECONOMIC reports in Eastern Time MONDAY, FEB. 19Presidents' Day None scheduled TUESDAY, FEB. 20None scheduled WEDNESDAY,FEB. 219:45 am Markit manufacturing PMI (flash)9:45 am Markit services PMI (flash)10 am Existing home salesTHURSDAY, FEB. 228:30 am Weekly jobless claims10 am Leading economic indicatorsFRIDAY, FEB. 23None

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Weekly Update. Smooth Sailing.

By |February 11th, 2018|

No changes. Trades are looking good, smooth sailing on the horizon. No changes this week. Our current trades are looking good except for the currencies. We used options on those trades and expiration is coming up in March. We may lose the premium, but we have more than made up for it across the board on other trades. The Hog trade is looking fantastic right now. We got in on 01/08/18 and are currently up $2,960 dollars per contract! Gold and Soybeans are also in profits and I expect more to

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Events that Matter and Why – Economic Releases

By |February 11th, 2018|

Depending on the product you trade, the impact of each of these releases will vary. Past performance is not indicative of future results. this WEEK'S MAJOR U.S. ECONOMIC reports in Eastern Time MONDAY, FEB. 122 pm Federal budgetTUESDAY, FEB. 136 am NFIB small-business index11 am HouseholdWEDNESDAY,FEB. 148:30 am Consumer price index8:30 am Core CPI8:30 am Retail sales8:30 am Retail sales ex-autos10 am Business inventoriesTHURSDAY, FEB. 158:30 am Weekly jobless claims8:30 am Empire state

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Drop the Stop.

By |February 8th, 2018|

Hogs headed lower, stop going too. Yesterday I mentioned that I was putting in a stop recommendation for our Lean Hogs trade. I am lowering the stop from 72 to 71. Hogs are trading at around 69.200 right now. I recommended shorting Hogs on 01/08/18 at the open price of 76.250. If we get stopped out at 71.000, we will have a $2,100 profit per contract. I still see lower prices ahead. More news to come after I run the algos this weekend.These are generally short term trades (1-6 weeks) using the

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Popped Corn.

By |February 7th, 2018|

We took corn off the table Monday for a tasty snack. While the algos point to a higher close this Friday, I decided to take profits on Monday. The Corn trade was good for a quick six point pop. This was a $300 profit. We have managed to avoid the carnage in the indices and are looking to take profits on the short Lean Hogs trade. Lean Hogs are getting slammed again today, so I recommend locking in some profits by placing a stop at the 72 level. We got in at 76.250, so this gives us a nice profit

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Events that Matter and Why – Economic Releases

By |February 4th, 2018|

Depending on the product you trade, the impact of each of these releases will vary. Past performance is not indicative of future results. this WEEK'S MAJOR U.S. ECONOMIC reports in Eastern Time MONDAY, FEB. 59:45 am Markit services10 am ISM nonmanufacturing indexTUESDAY, FEB. 68:30 am Foreign trade deficit10 am Job openingsWEDNESDAY,FEB. 73 pm Consumer creditTHURSDAY, FEB. 88:30 am Weekly jobless claimsFRIDAY, FEB. 910 am Wholesale tradePlease exercise caution ahead of announcements like these,

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