Futures

Human nature being what it is the sentiment is most bearish at the bottoms and bullish at the tops. We wrote, for example, that the one trade that appeared the hardest to make at the start of the third quarter of 2007 was selling bank shares. At the beginning of 2009 we noted that the hardest...

GRAINS: December corn futures closed down 7 1/2 cents at $5.85 1/4 today. Prices closed near mid-range and closed at a fresh 6.5-month low close today. The key "outside markets" were again bearish for the corn market today as crude oil and the U.S. stock indexes were lower, while the U.S. dollar...

Gold futures have had a healthy correction since making life-of-contract highs of 1923 on September 6, 2011. The retracement back to 1535 on September 26th represented approximately a 20% move over the course of fourteen trading days had gold bugs scrambling and gold bears rejoicing. Exchange...

LIVESTOCK: December live cattle closed up $0.70 at $123.35 today. Prices closed nearer the session high today and hit a fresh 2.5-month high. The key "outside markets" were bearish for the cattle market today as crude oil and the U.S. stock indexes were lower, and the U.S. dollar index traded...

By ForexMansion.com Forexpros – Gold futures turned sharply lower on Tuesday, as investors sold positions to lock in gains after gold prices rallied to a seven-day high, while steep declines in global equity markets also added to selling pressure. On the Comex division of the New York Mercantile...

By ForexMansion.com Forexpros – Natural gas futures tumbled to an 11-month low on Friday, as moderate autumn weather across most parts of the U.S. was expected to limit demand for the fuel, while rising production levels in the U.S. also contributed to losses. On the New York Mercantile Exchange,...

At TickerTank we believe in reacting to price action rather than predicting it. That said, every once in a while we like to go out on a limb and make a bold prediction. We predict Natural Gas Futures will print 3.25 before the end of 2011. It seems extremely cheap here and pretty much everyone...

About a month ago we mentioned the bearish Head & Shoulder pattern in Natural gas Futures. At the time, they were trading around 4.19. Now Natty is at 3.76. Although the downside move to 3.76 is a good start, the measured move has yet to take place with regard to the H&S pattern. The...

While there are always exceptions one of the better rules to follow is to never buy cyclical stocks that are ‘cheap' relative to earnings. A low PE multiple tends to reflect the markets' view that earnings are going to decline. The point here is that equities ‘lead' and if one can grasp this...

By ForexMansion.com Forexpros – Sugar futures were up for a third day on Wednesday, climbing to a three-day high as lingering concerns over sugar crops in Brazil and speculation of increased demand from China buoyed prices. On the ICE Futures U.S. Exchange, sugar futures for October delivery traded...

By ForexMansion.com Forexpros – Natural gas futures were down for the first time in three days on Wednesday, on speculation that the market's recent rally had accounted for the boost to heating needs and as investors readjusted positions ahead of the expiration of the October contract later in the...

By ForexMansion.com Forexpros – Wheat futures weakened on Wednesday, dropping to a two-day low amid easing concerns over global crop conditions, while lingering worries over the sovereign debt crisis in the euro zone added to selling pressure. On the Chicago Mercantile Exchange, wheat futures for...

By ForexMansion.com By Jonah S. Ford Natural Gas futures continued to drift sideways during Tuesday's session to move further along  the Flag chart pattern developing on the short term time frame. This pattern, illustrated here on the 15-minute candlestick chart, has held the market in a tight...

So this morning we wake up and the French stock market is in freefall, the DAX looks like someone beat it with a baseball bat, and our DOW futures are down nearly 200 points -- all before 6:00 AM. I'd simply hoist up the old sign (the "Told Ya So" one) and walk off, but there's a point in here...

As you can see the S&P Future has longterm-support at around 1050. If 1150 breaks – we'll see much lower. Use 1150 as an inflection point for a possible bounce-play. If it fails we will put you bear-hats back on and ride down the wave of panic. HAve a good trading week everyone!