Emini Futures Trading / Are Bonds The Next Bull Market?

The E-Mini S&P 500 & Crude Oil on a teeter-totter!

The E-Mini S&P 500 appears on one side of the teeter-totter and the Crude Oil on the other while investors scurry back and forth trying to keep their balance in between.  Kuwait’s Sheikh Ahmad al-Abdullah al Sabah had mentioned that there was no decision for Opec to boost their production quotas to suffice for the loss of the Libyan Oil exports.  Previously, remarks were made referencing an increase in production.  Saudi Arabia has mentioned an increase in production of their Crude Oil and President Obama has referenced a potential dip into the reserves.  If Opec does increase production, it will be the first time in 2 years.  The Crude Oil has pulled back somewhat today trading as low as $104.69 after reaching a high of $106.95.  The relationships between the markets often will guide one through an uncertain time in the marketplace.  One must know the impact that one market may have on another.  That is why we take the time to observe some of the non-financial markets.

Click to read more ...

Emini FuturesCast / The Daily Pod 03/08/11

(QQQQ)(DIA)(SPY)(GLD)

by DeWayne Reeves

Connect with us:

Podcast for Tuesday 03/08/11

Emini Futures Trading / Pennant Formation

E-Mini S&P 500 pulled off its highs by Crude Oil and Tech Stocks?

The E-Mini S&P 500 appears to be in a pennant formation or consolidation zone.  The prices of Crude Oil still control the marketplace as Maummar Gaddafi has not stepped down and the turmoil between the Loyalists and the Rebels still persist.  The market technically could use a retracement, but the bears seem quite cautious to sell this market.  We have had some underlying strength to support it.  Recovery was gradually making its way through varied reports and sectors.  The QE is in place to catch us if we fall.  President Obama had mentioned that he may release some Crude Oil reserves.  Saudi Arabia offered to pick up their output.

Click to read more ...

Emini FuturesCast / The Daily Pod 03/07/11

(QQQQ)(DIA)(SPY)(GLD)

by DeWayne Reeves

Connect with us:

Podcast for Monday 03/07/11

This Weeks Public Emini Radio Broadcast

CFRN Daily Public Radio Broadcast / 12noon-1pm EST

Share this Link with the People You Love!  -
https://www1.gotomeeting.com/register/546797161

Click to read more ...

Emini Futures Trading / S&P Emini Ropa Dope?

Crude Oil has the E-Mini S&P 500 on the ropes?

 The E-Mini S&P 500 was basking in the light of the combination of a bright Unemployment Report slipping to 8.9%, a positive Initial Jobless Claims from yesterday and Private Sector Jobs advancing from the day before.  Yes, at 7:30 this morning the market hit a high of $1334.50.  Each round of Economic Reports have been pointed to a mild recovery.  The Fed’s QE program still believed to remain in place.  Then we get an upper cut from the dissention in the Middle East.  Things heat up between Libyan Loyalists and Rebels as they fight over the key oil areas.  It is a heavyweight match with no said referee.   Venezuelan President Hugo Chavez offered to mediate a peace proposal.  The Arab League said that a peace plan was under consideration for Libya, but nothing further was said regarding any mediation.  The inverse relationship that the E-Mini S& P 500  and Crude Oil have may give the stock indices the punch to retrace back and test the $1300.00 level.  Furthermore, Saudi Arabia and a host of other countries including the US fear a potential contagion on the unrest.  The Euro Zone had the foresight to see the potential danger of hungry world citizens revolting against inflation and world hunger.  They have talked of a world hunger fund set up to aid any country faced with starvation and poverty.  US Treasury Secretary Timothy Geithner will travel to Germany on Tuesday to speak about the rescue fund,  international financial reform and the peace within Libya and Iran.   

Click to read more ...

Emini FuturesCast / The Daily Pod 03/04/11

(QQQQ)(DIA)(SPY)(GLD)

by DeWayne Reeves

Connect with us:

Podcast for Friday 03/04/11

Emini Futures Trading / Gap And Go

I guess the only way to go is up… E-Mini S&P 500?

The Initial Jobless Claims today fell by 20,000 to 368,000, the lowest it has been in over 2 years!  This report along with yesterday’s Beige Book summary showed the ADP figures for Private Sector Jobs added 217,000 jobs in February above expectations.   We expect a very positive US Unemployment Report tomorrow morning!  Our US Manufacturing and Retail Sales are expanding.  The US Service Sector rose to 59.7 from 59.4.  Industrial Stocks led the market higher.

Click to read more ...

Emini FuturesCast / The Daily Pod 03/03/11

(QQQQ)(DIA)(SPY)(GLD)

by DeWayne Reeves

Connect with us:

Podcast for Thursday 03/03/11

Emini Futures Trading / Mideast Tension Continues - Dateline 3,000 B.C.

Follow the yellow brick road…E-Mini S&P 500!

The Beige Book summary released today had shown that economic activity is on an upswing with retail and manufacturing expansion!   It is a commonly used name for the Fed report called the Summary of Commentary on Current Economic Conditions by the  Federal Reserve District.  It is published just before the FOMC meeting on interest rates and may be viewed as a gauge to inform the members of changes in the economy since the last meeting.  Even more importantly the ADP figures for Private Sector Jobs may be used to add or subtract the forecasts for Friday’s US Unemployment.  Employers added 217,000 jobs in February above expectations.   This is fairly positive and bodes for a better Non-Farm Payrolls Friday, but another concern is that the jobs may be temporary and not permanent!  Even with the pleasing US Report, we still look to the turmoil in the Middle East for direction. 

Click to read more ...