Federalized Deregulatory Corporate Law

Since the country’s founding, states have fashioned most of the regulatory landscape for the incorporation and supervision of ... to self-regulatory organizations along lines that the Commodity Futures Trading Commission is famous ... corporation charter could begin the transformation, perhaps followed in future years by mandatory [more...]

Date: 2008-10-15 14:23:42

Blog posts (16) | Videos (12)
 

Opening Comments November 20 2008

Prices of Treasury coupon securities have posted mixed results in overnight trading ... 3 percent or so thus far. Trading in the futures markets indicates that the US market will decline ... not see it cross the Mendoza line with trading sub 2.00 percent. The 10 year note continues [more...]

Date: 2008-11-20 12:32:33

A Stock Market Breakout and Other Tuesday Observations

* Upside Breakout - The chart above shows the 2 hour moving average of NYSE TICK (pink line) versus the ES futures for the last four trading sessions. When we corrected back toward the ES 860 ... of stocks trading on upticks--creating a powerful breakout move to multiday highs. The persistent [more...]

Date: 2008-10-28 21:40:56

Futures new years resolution + levels and Economic reports for Dec. 31st

*To be removed, please reply with remove daytrading in subject line Dear Trader, Worth reading from our weekly newsletter and written by a Cannon Broker: Futures Traders New Years Resolution by Mack B. Stevens, Senior Broker, Cannon Trading Trading futures is an alluring [more...]

Date: 2008-12-30 21:03:00

Futures Trading levels and Economic reports for Dec. 30th

*To be removed, please reply with remove daytrading in subject line Dear Trader, Two more trading days left in 2008, which will go down as one of the most volatile years of recent history. LEVELS: Contract (March 2008) SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell Resistance 3 895 [more...]

Date: 2008-12-29 21:39:00

Opening Comment

There is a great song by Bob Dylan entitled “Desolation Row”. It contains a line which is quite apropos this morning ... with European markets down,on balance, about 3.5 percent. Trading in futures markets indicates tht ... Bond has dropped 15 basis points in yield to 4.17 percent. The 2year/10 year spread has widened [more...]

Date: 2008-09-15 10:40:31

Futures Trading levels and Economic reports for Jan 9th

*To be removed, please reply with remove daytrading in subject line Dear Trader, ... market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived [more...]

Date: 2009-01-08 21:05:00

Futures Trading levels and Economic reports for Jan 2nd 2009

*To be removed, please reply with remove daytrading in subject line Dear Trader, I would like to wish everyone a great 2009! ... / commodity broker Cannon Trading Co Inc. - home of online ... May you have a successful trading year. More importantly, may you and your loved ones [more...]

Date: 2008-12-31 21:00:00

Oil, Another 'Trouble in Middle East' Bounce

A bounce to $50 and even $55 isn't excessive. Prices are now above the declining 20 day EMA (blue line) and should gravitate to the 50 day EMA ( ... for a rally this year, if history is any guide.The so-called forward curve of futures contracts traded ... cut, raised the price of all the crude types it exports to the U.S.”Another way to play commodities [more...]

Date: 2009-01-05 13:30:00

Futures Trading levels and Economic reports for Dec. 17th

*To be removed, please reply with remove daytrading in subject line Dear Trader, I wrote yesterday: The range is wide ( 805- 920) ... has used a variety of operating targets through the decades, including the discount rate and monetary aggregates. The Fed also lowered the discount rate paid by commercial and investment banks for Fed [more...]

Date: 2008-12-16 21:13:00

Futures Trading levels and Economic reports for Jan 6th

*To be removed, please reply with remove daytrading in subject line Dear Trader, Market has rallied the last few sessions, mostly on thin volume, yet the shorter term upward bias is still in tact as long as we hold above 900 level. need to see the SP breaks and holds above 938 in order to see another leg up, [more...]

Date: 2009-01-05 21:02:00

Futures Trading levels and Economic reports for Jan. 5th 2009

*To be removed, please reply with remove daytrading in subject line Dear Trader, ... will be back to action Monday. Have a good weekend and a great trading year! LEVELS ... Trading Inc. Any statement of facts herein contained are derived from sources believed [more...]

Date: 2009-01-02 21:00:00

Futures Trading levels and Economic reports for Jan 7th

*To be removed, please reply with remove daytrading in subject line Dear Trader, Volume returned to the market and along with volatility picked up a bit. Choppy session today and below is an hourly chart with my little analysis. If we can break down below 925, I can see this market visiting 898-908 [more...]

Date: 2009-01-06 21:38:00

Futures Trading levels and Economic reports for Jan 8th 2009

*To be removed, please reply with remove daytrading in subject line Dear Trader, Market retraced 50% (898 FIB level ) from its move up to 943 yesterday. Some key reports over the next couple of days will provide a clue to what the market will do next: resume rally or make a deeper correction [more...]

Date: 2009-01-07 21:03:00

Trading Key Support/Resistance Levels

POT gapped down and carved out a wide range bearish stick. Place the Fib. lines from the previous day high to the ORL or the key support level as I did here. $80.00 ... to ORH could result in an overly optimistic target.The NASDAQ futures trade is not as obvious [more...]

Date: 2009-01-13 00:54:00

The IT economy is sailing into unknown waters

This is a guest post from Larry Dignan. You can read the original article on Larry’s blog Between the Lines on TechRepublic’s sister site ZDNet ... that the stock futures can’t fall any lower before the market opens, that lack of visibility is critical ... Trust, a proxy for the tech-heavy Nasdaq, year to date through premarket trading: qqqq.png Let’ [more...]

Date: 2008-10-24 13:04:44

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