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Cannon Trading Futures Blog: Daily Support and Resistance Levels

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Wednesday, March 22, 2006

Trading levels and reports for March 23rd

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 

Contract (June 2006)

SP500 (big & Mini)

Nasdaq100 (big & Mini)

Dow Jones (big & Mini)

Mini Russell

Resistance 3

1329.30

1716.83

11512.67

766.83

Resistance 2

1322.60

1706.67

11456.33

758.92

Resistance 1

1318.70

1699.33

11420.67

753.83

Pivot

1312.00

1689.17

11364.33

745.92

Support 1

1308.10

1681.83

11328.67

740.83

Support 2

1301.40

1671.67

11272.33

732.92

Support 3

1297.50

1664.33

11236.67

727.83

Contract (June 2006)

British Pound

Euro

Ten Years

US Bonds

Resistance 3

1.7578

1.2216

107 19/32

111 14/32

Resistance 2

1.7553

1.2198

107 16/32

111 9/32

Resistance 1

1.7522

1.2168

107 12/32

111 2/32

Pivot

1.7497

1.2150

107 10/32

110 29/32

Support 1

1.7466

1.2120

107 6/32

110 22/32

Support 2

1.7441

1.2102

107 3/32

110 17/32

Support 3

1.7410

1.2072

106 31/32

110 10/32

 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, March 23, 2006

Economic
08:30am Initial Jobless Claims (last 309K)
10:00am Feb Existing Home Sales (last 6.56M)
10:30am Natural Gas Inventories
11:00am Treasury's 2-year and 5-year funding announcements
Events
Psychopharmacologic Drugs Advisory Committee meeting at 8:00am. BMET, DNR, NVDA, UBET analyst meetings. Trading Ex-split: RJF 3-2.
Earnings
Before the Open: APOL CAG CCL FDO FRED GIS SCHL. After the Close: COMS AIRN EGLS FINL PALM SLR SNX WTSLA.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:17 PM 0 comments

Tuesday, March 21, 2006

Trading levels and reports for March 22nd

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (June 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1332.77 1756.83 11500.00 766.43
Resistance 2 1327.03 1742.17 11455.00 760.97
Resistance 1 1317.27 1716.33 11386.00 750.43
Pivot 1311.53 1701.67 11341.00 744.97
Support 1 1301.77 1675.83 11272.00 734.43
Support 2 1296.03 1661.17 11227.00 728.97
Support 3 1286.27 1635.33 11158.00 718.43
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7670 1.2304 108  5/32 112  5/32
Resistance 2 1.7625 1.2268 107 30/32 111 25/32
Resistance 1 1.7557 1.2213 107 19/32 111  8/32
Pivot 1.7512 1.2177 107 12/32 110 28/32
Support 1 1.7444 1.2122 107  1/32 110 11/32
Support 2 1.7399 1.2086 106 26/32 109 31/32
Support 3 1.7331 1.2031 106 15/32 109 14/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Wednesday, March 22, 2006

Economic
10:30am Crude Oil/Gasoline/Distillate Inventories
Events
MBA Mortgage Applications (7:00, last –0.2%). Pediatric Advisory Committee meeting at 8:00am. Merrill Lynch Retailing Leaders Conference in NYC through 3/22. JPMorgan Gaming/Lodging Conference in Las Vegas through 3/22. ZMH Analyst meeting. Trades Ex-dividend: HNZ $0.30.
Earnings
Before the Open: AIR ATU FDX FBST IPG MS WOR. After the Close: ADBE ESIO MLHR JBL KBH XRTX.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:58 PM 0 comments

Monday, March 20, 2006

Trading levels and reports for March 21st

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Markets were almost on hold today as most traders will look for some clues regarding rates later on tonight:
 
Fed's Bernanke speaks on Yield Curve and Monetary Policy in NYC at 7:00pm eastern time.
 
LEVELS:
 
Contract (June 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1326.43 1724.33 11441.33 758.83
Resistance 2 1323.47 1719.17 11415.67 755.67
Resistance 1 1319.43 1712.33 11386.33 752.83
Pivot 1316.47 1707.17 11360.67 749.67
Support 1 1312.43 1700.33 11331.33 746.83
Support 2 1309.47 1695.17 11305.67 743.67
Support 3 1305.43 1688.33 11276.33 740.83
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7673 1.2311 108  4/32 112     
Resistance 2 1.7639 1.2287 107 31/32 111 24/32
Resistance 1 1.7613 1.2262 107 26/32 111 17/32
Pivot 1.7579 1.2238 107 21/32 111  9/32
Support 1 1.7553 1.2213 107 16/32 111  2/32
Support 2 1.7519 1.2189 107 11/32 110 26/32
Support 3 1.7493 1.2164 107  6/32 110 19/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

 

Tuesday, March 21, 2006

Economic
08:30am Feb Producer Price Index (last 0.3%), PPI Ex Food & Energy (last 0.4%)
Events
ICSC/UBSW Chain Store Sales (7:45, last 4.0%). Redbook Retail Sales (8:55, last 2.5%). Piper Jaffray Financial Services conference in NYC through 3/21. Merrill Lynch Retailing Leaders Conference in NYC through 3/22. JPMorgan Gaming/Lodging Conference in Las Vegas through 3/22. ALO, CD, HMA, ISPH, LXP, RTIX analyst meetings. ABC Consumer Confidence (last -8).
Earnings
Before the Open: BMET CMC DG FDS GME MKC PERY PRGS. After the Close: ANGO DRI FSII MCS NKE SIGM.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:27 PM 0 comments

Trading levels and reports for March 20th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (June 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1325.30 1728.00 11425.33 758.58
Resistance 2 1322.90 1719.50 11397.67 755.67
Resistance 1 1320.30 1712.00 11375.33 752.83
Pivot 1317.90 1703.50 11347.67 749.92
Support 1 1315.30 1696.00 11325.33 747.08
Support 2 1312.90 1687.50 11297.67 744.17
Support 3 1310.30 1680.00 11275.33 741.33
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7678 1.2358 107 28/32 111 23/32
Resistance 2 1.7638 1.2318 107 25/32 111 17/32
Resistance 1 1.7610 1.2289 107 21/32 111 10/32
Pivot 1.7570 1.2249 107 18/32 111  4/32
Support 1 1.7542 1.2220 107 14/32 110 29/32
Support 2 1.7502 1.2180 107 11/32 110 23/32
Support 3 1.7474 1.2151 107  7/32 110 16/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, March 20, 2006

Economic
10:00am Feb Leading Indicators (last 1.1%)
Events
LRCX, XTEX Analyst meeting. Piper Jaffray Financial Services conference in NYC through 3/21. Fed's Minehan speaks about the Economy in Boston at 11:00am. Fed's Yellen speaks in NV at 12:10pm. Fed's Bernanke speaks on Yield Curve and Monetary Policy in NYC at 7:00pm. Trading Ex-split: WBSN 2-1.
Earnings
Before the Open: CRZO ROC WSM. After the Close: AMHC BBA ORCL PVH SHFL SONC.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 6:10 AM 0 comments

Thursday, March 16, 2006

Trading levels and reports for March 17th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 

Contract (June 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1326.70 1740.17 11452.00 759.23
Resistance 2 1324.00 1731.33 11406.00 756.87
Resistance 1 1320.40 1715.67 11375.00 752.43
Pivot 1317.70 1706.83 11329.00 750.07
Support 1 1314.10 1691.17 11298.00 745.63
Support 2 1311.40 1682.33 11252.00 743.27
Support 3 1307.80 1666.67 11221.00 738.83
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7807 1.2458 108 26/32 113  1/32
Resistance 2 1.7711 1.2359 108 10/32 112  9/32
Resistance 1 1.7652 1.2304 108      111 27/32
Pivot 1.7556 1.2205 107 16/32 111  3/32
Support 1 1.7497 1.2150 107  6/32 110 21/32
Support 2 1.7401 1.2051 106 22/32 109 29/32
Support 3 1.7342 1.1996 106 12/32 109 15/32

 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Friday, March 17, 2006

Economic
09:15am Feb Industrial Production (last –0.2%), Capacity Utilization (last 80.9%)
09:45am Mar Preliminary U. of Michigan Confidence (last 86.7)
Events
Trading Ex-split: SJW 2-1.
Earnings
Before the Open: TOMO. After the Close: None.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:54 PM 0 comments

Wednesday, March 15, 2006

Trading levels and reports for March 16th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (June 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1327.90 1739.00 11423.33 761.00
Resistance 2 1321.60 1727.50 11365.67 755.00
Resistance 1 1317.90 1721.00 11331.33 752.00
Pivot 1311.60 1709.50 11273.67 746.00
Support 1 1307.90 1703.00 11239.33 743.00
Support 2 1301.60 1691.50 11181.67 737.00
Support 3 1297.90 1685.00 11147.33 734.00
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7599 1.2235 107 17/32 111 12/32
Resistance 2 1.7557 1.2190 107 12/32 111  4/32
Resistance 1 1.7525 1.2166 107  7/32 110 27/32
Pivot 1.7483 1.2121 107  2/32 110 19/32
Support 1 1.7451 1.2097 106 30/32 110 10/32
Support 2 1.7409 1.2052 106 25/32 110  2/32
Support 3 1.7377 1.2028 106 20/32 109 25/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, March 16, 2006

Economic
08:30am Initial Jobless Claims (last 303K), Feb Consumer Price Index (last 0.7%), CPI Ex Food & Energy (last 0.2%), CPI NSA (last 198.3), Housing Starts (last 2.28M), Building Permits (last 2.22M)
10:30am Natural Gas Inventories
12:00pm Mar Philadelphia Fed (last 15.4)
Events
BofA Consumer Conference in NYC through 3/16. Citigroup Small/Mid Cap Conference in Las Vegas through 3/16. Morgan Stanley Global Electricity & Energy Conference in NYC through 3/16. Fed's Kohn speak on Asset Prices in Frankfurt at 10:10am. CAMD mid-Q update. CAG, DOW, FST analyst meeting. Trades Ex-dividend: ATI $010.
Earnings
Before the Open: BKS BSC BTH CPWM CRAI DISH NEY PTEN SCVL SMRT TPC TLCV URS WTI WGO. After the Close: KDE BGP CTAS DWRI DEIX MVIS PETC TEK INT.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:26 PM 0 comments

Tuesday, March 14, 2006

Trading levels and reports for March 15th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
Todays rally was strong and steady and suggests more upside potantial if we can clear the old high of 1210-1211 from January. However and not to sound like a broken records, rallies often can terminate very quickly so you must be ready for both sides of the trade.
 
LEVELS:
 
Contract (June 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1331.03 1750.00 11370.33 760.10
Resistance 2 1320.27 1727.50 11307.67 751.40
Resistance 1 1314.53 1716.00 11269.33 746.90
Pivot 1303.77 1693.50 11206.67 738.20
Support 1 1298.03 1682.00 11168.33 733.70
Support 2 1287.27 1659.50 11105.67 725.00
Support 3 1281.53 1648.00 11067.33 720.50
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7697 1.2215 107 31/32 112  3/32
Resistance 2 1.7601 1.2160 107 21/32 111 20/32
Resistance 1 1.7543 1.2123 107 14/32 111 11/32
Pivot 1.7447 1.2068 107  4/32 110 28/32
Support 1 1.7389 1.2031 106 29/32 110 19/32
Support 2 1.7293 1.1976 106 19/32 110  4/32
Support 3 1.7235 1.1939 106 12/32 109 27/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Wednesday, March 15, 2006

Economic
08:30am Mar Empire Manufacturing (last 20.3), Feb Import Price Index (last 1.3%)
09:00am Jan Net Foreign Security Purchases (last $56.6B)
10:30am Crude Oil/Gasoline/Distillate Inventories
01:00pm Mar NAHB Housing Market Index (last 57)
02:00pm Fed's Beige Book
Events
MBA Mortgage Applications (7:00, last 0.7%). DB Technology Conference in Miami through 3/15. AG Edwards Energy Conference in Boston through 3/15. BofA Consumer Conference in NYC through 3/16. Citigroup Small/Mid Cap Conference in Las Vegas through 3/16. Montgomery Technology Conference in Santa Monica through 3/15. Morgan Stanley Global Electricity & Energy Conference in NYC through 3/16. RTEC mid-Q update. BRCD, FNSR analyst meeting. Fed's Guynn speaks about Economic Outlook in Atlanta at 7:30pm. Fed's Yellen speaks on Economy in Australia at 9:00pm. Trading Ex-split: BMHC 2-1, GWR 3-2, PALM 2-1. Trades Ex-dividend: BDK $0.38.
Earnings
Before the Open: CHRS GDP LEH POP ROST SMTS. After the Close: CMVT COSI GYMB HOTT IO KNTA PRSC ULCM VRNT ZUMZ.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:31 PM 0 comments

Monday, March 13, 2006

Trading levels and reports for march 14th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (June 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1305.07 1695.67 11266.00 747.33
Resistance 2 1301.83 1689.33 11233.00 743.67
Resistance 1 1298.97 1681.67 11202.00 738.58
Pivot 1295.73 1675.33 11169.00 734.92
Support 1 1292.87 1667.67 11138.00 729.83
Support 2 1289.63 1661.33 11105.00 726.17
Support 3 1286.77 1653.67 11074.00 721.08
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7477 1.2147 106 31/32 110 23/32
Resistance 2 1.7415 1.2104 106 27/32 110 17/32
Resistance 1 1.7378 1.2068 106 25/32 110 13/32
Pivot 1.7316 1.2025 106 21/32 110  7/32
Support 1 1.7279 1.1989 106 19/32 110  3/32
Support 2 1.7217 1.1946 106 15/32 109 29/32
Support 3 1.7180 1.1910 106 13/32 109 25/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, March 14, 2006

Economic
08:30am Feb Advance Retail Sales (last 2.3%), Retail Sales Less Autos (last 2.2%), Q4 Current Account Balance (last -$195.8B)
10:00am Jan Business Inventories (last 0.7%)
Events
ICSC/UBSW Chain Store Sales (7:45, last 4.2%). Redbook Retail Sales (8:55, last 2.4%). Pediatric Oncology Subcommittee of the Oncologic Drugs Advisory Committee meets at 8:00am. DB Technology Conference in Miami through 3/15. Stephens Consumer Conference in NYC through 3/14. AG Edwards Energy Conference in Boston through 3/15. BofA Consumer Conference in NYC through 3/16. Citigroup Small/Mid Cap Conference in Las Vegas through 3/16. Montgomery Technology Conference in Santa Monica through 3/15. Fed's Kroszner on panel dicussing IMF in DC at 11:00am. ADP, HRS, MT, NTAP analyst meeting. ABC Consumer Confidence (last -9).
Earnings
Before the Open: CTR GS HAWK VTIV. After the Close: CPE CTRN KEYW LEXR OPTV PDE SEAC WFII.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:30 PM 0 comments

Trading levels and reports for March 13th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (June 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1312.50 1703.17 11338.33 750.67
Resistance 2 1304.00 1690.33 11256.67 741.83
Resistance 1 1298.60 1678.17 11203.33 737.17
Pivot 1290.10 1665.33 11121.67 728.33
Support 1 1284.70 1653.17 11068.33 723.67
Support 2 1276.20 1640.33 10986.67 714.83
Support 3 1270.80 1628.17 10933.33 710.17
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7534 1.2008 107 18/32 111 24/32
Resistance 2 1.7465 1.1968 107 10/32 111 10/32
Resistance 1 1.7366 1.1941 107  2/32 110 29/32
Pivot 1.7297 1.1901 106 26/32 110 15/32
Support 1 1.7198 1.1874 106 18/32 110  2/32
Support 2 1.7129 1.1834 106 10/32 109 20/32
Support 3 1.7030 1.1807 106  2/32 109  7/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, March 13, 2006

Economic
None Seen
Events
ECB's Trichet meets with EU Finance Ministers. Oncologic Drugs Advisory Committee meeting at 8:00am. NMTI present MIST results. DB Technology Conference in Miami through 3/15. Stephens Consumer Conference in NYC through 3/14. Fed's Yellen speak about Economic Policy at NABE Conference in Arlington at 12:00pm. Trading Ex-split: ATLS 3-2, MINI 2-1, PD 2-1. Trades Ex-dividend: MO $0.80, KO $0.31, HPQ $0.08. NWRE replaces MOVI in S&P SmallCap 600 after close of trading.
Earnings
Before the Open: ECLG MIVA RTLX MTN. After the Close: IMOS GEG IDWK POM SHFL SONS WGRD.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 5:51 AM 0 comments

Friday, March 10, 2006

Umenployment

 S&P futures vs fair value: +3.2. Nasdaq futures vs fair value: -1.5.  Upon further digestion of the jobs report, futures trade has ticked upward. However, the cash market still appears poised to start the day in mixed fashion.  Essentially, the data brought no real surprise, and traders are weighing both sides of the report.  On the one hand, it is clear that the labor market remains strong.  On the other hand, the report did not change expectations that the Fed will continue to raise interest rates. 

 


Regards, Ilan Levy-Mayer The finest compliment I can receive is a referral from a trusted client. 800-454-9572 *Futures trading is risky and not for everyone. Customers may lose all or more of their investment.*

posted by Cannon Trading at 6:31 AM 0 comments

Wednesday, March 08, 2006

Roll Over notice + Trading levels and reports for March 9th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 

Stock Index Rollover notice

For those of you trading the "Big" S&P 500 futures, E-Mini futures, or any Stock Index contract, it is extremely important to remember that tomorrow - Thursday, March 9th - is rollover day. It is recommended that all new positions be placed in the June 2006 contract as of Thursday's trade date. GLOBEX will not roll over until Thursday morning at 8:30 A.M. Central Time, despite the fact that the trade date changes today - Wednesday afternoon.

Further, please be aware that the executing brokers in the March contract of the "Big" S&P 500 and NASDAQ 100 will not be "held" on ANY order, and that they will not take Cancel and Replace orders at all beginning Friday March10th. Also, please be aware of liquidity issues in the 2nd step E-Mini S&P and E-Mini NASDAQ. Expect sharply decreased liquidity in the March contract beginning Thursday morning. Carefully consider whether you wish to place Market or Stop orders after that time.

Traders with electronic trading software should make sure that defaults reflect the proper contract as of Thursday morning.

If you have any questions, please contact us.

 
LEVELS:
 
Contract (March 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1297.17 1701.00 11159.33 738.00
Resistance 2 1289.43 1686.50 11094.67 731.25
Resistance 1 1284.47 1676.00 11051.33 727.00
Pivot 1276.73 1661.50 10986.67 720.25
Support 1 1271.77 1651.00 10943.33 716.00
Support 2 1264.03 1636.50 10878.67 709.25
Support 3 1259.07 1626.00 10835.33 705.00
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7494 1.2023 107  6/32 111  4/32
Resistance 2 1.7458 1.1984 107  1/32 110 30/32
Resistance 1 1.7417 1.1955 106 30/32 110 26/32
Pivot 1.7381 1.1916 106 26/32 110 20/32
Support 1 1.7340 1.1887 106 23/32 110 16/32
Support 2 1.7304 1.1848 106 18/32 110 10/32
Support 3 1.7263 1.1819 106 15/32 110  6/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, March 09, 2006

Economic
08:30am Initial Jobless Claims (last 294K), Jan Trade Balance (last -$65.7B)
10:30am Natural Gas Inventories
01:00pm Treasury's 10-year Note Auction results
Events
Blood Products Advisory Committee meeting at 8:00am through 3/10. Fed's Moskow speaks at Chicago Fed's Detroit Branch opening at 9:00am. Fed's Kohn dedicates Chicago Fed Branch in Detroit at 9:20am. SG Cowen Healthcare Conference in Boston through 3/9. JMP Securities Research Conference in SF through 3/9. Bear Stearns Retail, Restaurants & Consumer Conference in NYC through 3/10. Lehman Brother Global Healthcare Conference in Miami through 3/10. Fed's Geithner speaks on Global Economies and Trade in NYC at 1:00pm. Trades Ex-dividend: BNI 1.01, CI 0.08, FDX 0.29.
Earnings
Before the Open: ALOG WTR BBI CMN CTIC PLCE CLE CMLS CBUK DEBS EAGL FLE FS GTI HANS IMAX IDCC METH NOBH OMG ORCH PA ZQK RHB STGS TRGL URBN. During Trading Hours: NSM. After the Close: ARO DWA HIBB IFOX JILL JUPM KWD MCDTA RCI SFCC SSAG.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:30 PM 0 comments

Roll Over notice + Trading levels and reports for March 9th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 

Stock Index Rollover notice

For those of you trading the "Big" S&P 500 futures, E-Mini futures, or any Stock Index contract, it is extremely important to remember that tomorrow - Thursday, March 9th - is rollover day. It is recommended that all new positions be placed in the June 2006 contract as of Thursday's trade date. GLOBEX will not roll over until Thursday morning at 8:30 A.M. Central Time, despite the fact that the trade date changes today - Wednesday afternoon.

Further, please be aware that the executing brokers in the March contract of the "Big" S&P 500 and NASDAQ 100 will not be "held" on ANY order, and that they will not take Cancel and Replace orders at all beginning Friday March10th. Also, please be aware of liquidity issues in the 2nd step E-Mini S&P and E-Mini NASDAQ. Expect sharply decreased liquidity in the March contract beginning Thursday morning. Carefully consider whether you wish to place Market or Stop orders after that time.

Traders with electronic trading software should make sure that defaults reflect the proper contract as of Thursday morning.

If you have any questions, please contact us.

 
LEVELS:
 
Contract (March 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1297.17 1701.00 11159.33 738.00
Resistance 2 1289.43 1686.50 11094.67 731.25
Resistance 1 1284.47 1676.00 11051.33 727.00
Pivot 1276.73 1661.50 10986.67 720.25
Support 1 1271.77 1651.00 10943.33 716.00
Support 2 1264.03 1636.50 10878.67 709.25
Support 3 1259.07 1626.00 10835.33 705.00
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7494 1.2023 107  6/32 111  4/32
Resistance 2 1.7458 1.1984 107  1/32 110 30/32
Resistance 1 1.7417 1.1955 106 30/32 110 26/32
Pivot 1.7381 1.1916 106 26/32 110 20/32
Support 1 1.7340 1.1887 106 23/32 110 16/32
Support 2 1.7304 1.1848 106 18/32 110 10/32
Support 3 1.7263 1.1819 106 15/32 110  6/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, March 09, 2006

Economic
08:30am Initial Jobless Claims (last 294K), Jan Trade Balance (last -$65.7B)
10:30am Natural Gas Inventories
01:00pm Treasury's 10-year Note Auction results
Events
Blood Products Advisory Committee meeting at 8:00am through 3/10. Fed's Moskow speaks at Chicago Fed's Detroit Branch opening at 9:00am. Fed's Kohn dedicates Chicago Fed Branch in Detroit at 9:20am. SG Cowen Healthcare Conference in Boston through 3/9. JMP Securities Research Conference in SF through 3/9. Bear Stearns Retail, Restaurants & Consumer Conference in NYC through 3/10. Lehman Brother Global Healthcare Conference in Miami through 3/10. Fed's Geithner speaks on Global Economies and Trade in NYC at 1:00pm. Trades Ex-dividend: BNI 1.01, CI 0.08, FDX 0.29.
Earnings
Before the Open: ALOG WTR BBI CMN CTIC PLCE CLE CMLS CBUK DEBS EAGL FLE FS GTI HANS IMAX IDCC METH NOBH OMG ORCH PA ZQK RHB STGS TRGL URBN. During Trading Hours: NSM. After the Close: ARO DWA HIBB IFOX JILL JUPM KWD MCDTA RCI SFCC SSAG.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:19 PM 0 comments

Tuesday, March 07, 2006

Trading levels and reports for March 8th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (March 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1286.23 1690.00 11068.00 735.83
Resistance 2 1282.37 1681.00 11029.00 732.17
Resistance 1 1279.43 1672.00 11003.00 726.58
Pivot 1275.57 1663.00 10964.00 722.92
Support 1 1272.63 1654.00 10938.00 717.33
Support 2 1268.77 1645.00 10899.00 713.67
Support 3 1265.83 1636.00 10873.00 708.08
         
Contract (June 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7630 1.2138 107 12/32 111 20/32
Resistance 2 1.7565 1.2082 107  4/32 111  8/32
Resistance 1 1.7461 1.1983 106 31/32 110 31/32
Pivot 1.7396 1.1927 106 24/32 110 19/32
Support 1 1.7292 1.1828 106 19/32 110 10/32
Support 2 1.7227 1.1772 106 11/32 109 30/32
Support 3 1.7123 1.1673 106  6/32 109 21/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Wednesday, March 08, 2006

Economic
10:30am Crude Oil/Gasoline/Distillate Inventories
Events
OPEC meets in Vienna. MBA Mortgage Applications (7:00, last –1.2%). Peripheral and Central Nervous System Drugs Advisory Committee meeting at 8:00am through 3/8. Morgan Stanley Semiconductor & Systems Conference in CA through 3/8. Raymond James Institutional Investors Conference in Orlando through 3/8. SG Cowen Healthcare Conference in Boston through 3/9. Citigroup Global Industrial Manufacturing Conference in NYC through 3/8. JMP Securities Research Conference in SF through 3/9. Bear Stearns Retail, Restaurants & Consumer Conference in NYC through 3/10. Lehman Brother Global Healthcare Conference in Miami through 3/10. Fed's Poole speaks to Economic Development Group in St. Louis at 9:30am. Fed's Bernanke speaks in Las Vegas at 12:00pm. Trades Ex-dividend: PEP 1.75, WMB 1.38.
Earnings
Before the Open: CMTL DYN GMTN IFO REM PKS TECD. After the Close: AHS BNT CWST CWTR GMST HRLY HUG IPAR KTO MIK SYKE TIVO WIND.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:04 PM 0 comments

Monday, March 06, 2006

Trading levels and reports for March 7th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 

I think that the bears have the upper hand now, at least for a bit. After making new high and failing very quickly on Friday, we were able to go ahead and push the market lower today. It will be quite interesting to see if there is any follow through tomorrow. The last week or two or this market has been quite choppy with out much of a direction and trading on what I call “counter trend” style was beneficial. However, we may see that change if we break the 1273 area.

 
LEVELS:
 
Contract (March 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1300.80 1718.17 11136.67 747.25
Resistance 2 1295.30 1706.33 11087.33 743.25
Resistance 1 1287.50 1690.67 11023.67 737.25
Pivot 1282.00 1678.83 10974.33 733.25
Support 1 1274.20 1663.17 10910.67 727.25
Support 2 1268.70 1651.33 10861.33 723.25
Support 3 1260.90 1635.67 10797.67 717.25
         
Contract (March 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7609 1.2081 107  6/32 111 20/32
Resistance 2 1.7577 1.2059 107  3/32 111 13/32
Resistance 1 1.7534 1.2041 106 30/32 111  2/32
Pivot 1.7502 1.2019 106 27/32 110 27/32
Support 1 1.7459 1.2001 106 22/32 110 16/32
Support 2 1.7427 1.1979 106 19/32 110  9/32
Support 3 1.7384 1.1961 106 14/32 109 30/32
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Tuesday, March 07, 2006

Economic
08:30am Final Q4 Nonfarm Productivity (last –0.6%), Unit Labor Costs (last 3.5%)
09:00am Bank of Canada Rate decision
03:00pm Jan Consumer Credit (last $3.3B)
Events
ICSC/UBSW Chain Store Sales (7:45, last 3.2%). Redbook Retail Sales (8:55, last 2.9%). Peripheral and Central Nervous System Drugs Advisory Committee meeting at 8:00am through 3/8(BIIB/ELN Tysabri is the topic). Morgan Stanley Semiconductor & Systems Conference in CA through 3/8. Raymond James Institutional Investors Conference in Orlando through 3/8. SG Cowen Healthcare Conference in Boston through 3/9. Citigroup Global Industrial Manufacturing Conference in NYC through 3/8. JMP Securities Research Conference in SF through 3/9. Bear Stearns Retail, Restaurants & Consumer Conference in NYC through 3/10. Fed's Moskow speaks at University of Chicago Business School at 6:45pm. ABC Consumer Confidence (last -12). Trades Ex-dividend: HD 1.42.
Earnings
Before the Open: ABS DKS EIX FCEL KFY KR LIFC NOVN PSTI SALM SEH TSA SRZ URI. After the Close: ADEX BLTI SAM COO CPRT FLML MATK OSIP PEGS PIXR SGDE TTWO.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:20 PM 0 comments

Trading levels and reports for March 6th

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 
 
 
LEVELS:
 
Contract (March 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1309.93 1727.67 11237.33 753.02
Resistance 2 1304.47 1718.83 11173.67 749.63
Resistance 1 1295.43 1702.17 11092.33 743.37
Pivot 1289.97 1693.33 11028.67 739.98
Support 1 1280.93 1676.67 10947.33 733.72
Support 2 1275.47 1667.83 10883.67 730.33
Support 3 1266.43 1651.17 10802.33 724.07
         
Contract (March 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7664 1.2121 107 20/32 112 12/32
Resistance 2 1.7626 1.2089 107 16/32 112  5/32
Resistance 1 1.7582 1.2064 107  9/32 111 24/32
Pivot 1.7544 1.2032 107  5/32 111 17/32
Support 1 1.7500 1.2007 106 30/32 111  4/32
Support 2 1.7462 1.1975 106 26/32 110 29/32
Support 3 1.7418 1.1950 106 19/32 110 16/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Monday, March 06, 2006

Economic
10:00am Jan Factory Orders (last 1.1%), Pending Home Sales (last –3.0%)
11:00am Treasury's 10-year Note funding announcement
Events
Anti-Infective Drugs Advisory Committee meeting at 8:30am. Morgan Stanley Semiconductor & Systems Conference in CA through 3/8. Raymond James Institutional Investors Conference in Orlando through 3/8. SG Cowen Healthcare Conference in Boston through 3/9. MRK Vioxx case in NJ scheduled to start. ALTR TXN mid-Q update.
Earnings
Before the Open: ALD GG IART SNHY. After the Close: CLHB CHCI ELGE JAS LEXR MEDX SMTC OVEN.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 5:32 AM 0 comments

Wednesday, March 01, 2006

Trading levels and reports for March 2nd

 
*To be removed, please reply with remove daytrading in subject line
 
Dear Trader,
 

I must admit that this was one of the weirdest sessions I have seen in a while, slow and tired up grind that still resulted in up 9 points for the day. I would look for a break of 1287 as a sell trigger of tomorrow and a break of 1296.25 as a buy trigger.

 
LEVELS:
Contract (March 2006)  SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell
Resistance 3 1311.17 1734.00 11148.33 761.83
Resistance 2 1302.33 1717.50 11113.67 753.17
Resistance 1 1301.17 1708.00 11084.33 748.83
Pivot 1292.33 1691.50 11049.67 740.17
Support 1 1291.17 1682.00 11020.33 735.83
Support 2 1282.33 1665.50 10985.67 727.17
Support 3 1281.17 1656.00 10956.33 722.83
         
Contract (March 2006) British Pound Euro Ten Years  US Bonds 
Resistance 3 1.7711 1.2058 108  8/32 113 17/32
Resistance 2 1.7653 1.2020 108  3/32 113  9/32
Resistance 1 1.7577 1.1973 107 29/32 112 29/32
Pivot 1.7519 1.1935 107 25/32 112 21/32
Support 1 1.7443 1.1888 107 19/32 112  9/32
Support 2 1.7385 1.1850 107 14/32 112  1/32
Support 3 1.7309 1.1803 107  8/32 111 21/32
 
REPORTS (EST): Provided by www.tradethenews.com audio news and interactive research directly from the pits
 

Thursday, March 02, 2006

Economic
7:45 ECB's Rate Decision
8:30 Initial Jobless Claims (last 278K)
10:30 Natural Gas Inventories
Events
Google Analyst day. Same-Store Sale Reports Before the Open - including ANN ANF BEBE BJ CHRS CHS COST CVS DDS DG FDO FD GPS GES GYMB JCP JOSB JWN KSS LTD NWY PIR PLCE PSUN ROST SKS SHRP SMRT TLB TGT TJX WMT. Fed's Olson speaks at New Orleans Banking Forum 9:30am. Trading Ex-split: BANF 2-1, PHLY 3-1.
Earnings
Before the Open: CRMT BIOS BWS CIEN COST DLM EGLE ECLG LONG GCO KCS LKQX OMG PEI REV SFCC SHOO TPC TLB TARO TNP VRX VISG WTI WMAR. After the Close: ANPI BBG CRAY CMOS FNSR HOMS IVII KCP KDE.KOPN NOVL OPSW PBY PIXR SHRP SHFL STAA TTWO UVN PAY.
 
Note all time are EST. ANY AND ALL TIMES AND DATES ARE SUBJECT TO CHANGE WITHOUT NOTICE. INFORMATION HAS BEEN TAKEN FROM SOURCES DEEMED TO BE RELIABLE, BUT NO ASSURANCES CAN BE MADE TO THE ACCURACY OF ANY OF THIS INFORMATION.
 
 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!

Sincerely,

Ilan Levy-Mayer, M.B.A

Vice President
Cannon Trading Co Inc.
http://www.cannontrading.com
http://www.E-Futures.com
ilan@cannoncapital.com

Yahoo IM ilanlevy1970
310-859-9572
800-454-9572
Fax 310-859-0547
9301 Wilshire Blvd. Suite #614
Beverly Hills, Ca 90210

The finest compliment I can receive is a referral from a trusted client.
 
* Important Please Note: 
Trading commodity futures and options involves substantial risk of loss. 
The recommendations contained in this letter is of opinion only and does not guarantee any profits.
These are risky markets and only risk capital should be used.
Past performances are not necessarily indicative of future results. 
 

posted by Cannon Trading at 1:31 PM 0 comments