September 15, 2017 - Issue #891
In This Issue
1. Trading 202: Commitment of Traders Report ( COT)
2. Hot Market report: Crude Oil Turning Bullish?
3. Economic Calendar
1. Trading 102: Commitment of Traders Report - What Lies beneath
In this 24 page PDF booklet, Gary Kamen of Trends in Futures reviews the commitment of traders report, what it means, how traders can utilize it and much more.
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* Why is this report important?
* The new COT report
* How can you use the information in this report?
* And much more....
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2. Crude Oil Turning Bullish?
By Cannon Trading StaffClick on image below to enlarge
A wild week for crude, the follow through selling Monday morning was met with buyers and have been up ever since. With increases to future demand released on Wednesday the bulls continued to push.
At the phycological 50 dollar mark would think the large current supplies along with overbought conditions should keep a lid on this.
Expect the bulls to let this back fill before they make a run at new highs.
3. Economic Calendar
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
|---|---|---|
| 09/15 Fri |
7:30 AM CDT - Empire Manufacturing(Sep)
7:30 AM CDT - Retail Sales(Aug) 7:30 AM CDT - Retail Sales Ex-Auto(Aug) 8:15 AM CDT - Capacity Util & Industrial Prod(Aug) 9:00 AM CDT - Business Inventories(Jul) 9:00 AM CDT - Mich Sentiment(Sep) 11:00 AM CDT - NOPA Crush |
LT: Sep E-Mini Dow(CME)
Sep E-Mini S&P 500(CME) Sep E-Mini NASDAQ(CME) Sep Russell(CME) Sep Lumber(CME) Sep E-Mini Dow Options(CME) Sep E-Mini S&P 500 Options(CME) Sep E-Mini NASDAQ Options(CME) Sep Russell Options(CME) Oct Cotton Options(NYM) Oct Crude Lt Options(NYM) Oct Orange Juice Options(ICE) Oct Sugar-11 Options(ICE) |
| 09/18 Mon |
3:00 PM CDT - Net Long-Term TIC Flows(Sep)
|
FN: Sep Lumber(CME)
LT: Sep Currencies(CME) Sep Eurodollar(CME) Sep Mx Peso(CME) Sep US Dollar Index(ICE) Sep Eurodollar Options(CME) |
| 09/19 Tue |
7:30 AM CDT - Building Permits & Housing Starts(Aug)
7:30 AM CDT - Current Account Balance(Q2) 7:30 AM CDT - Export Ex-Ag & Import Ex-Oil Prices(Aug) 2:00 PM CDT - Milk Production 3:30 PM CDT - API Energy Stocks |
FN: Sep US Dollar Index(ICE)
LT: Sep Canadian Dollar(CME) Sep Coffee(ICE) |
| 09/20 Wed |
6:00 AM CDT - MBA Mortgage Purchase Index
9:00 AM CDT - Existing Home Sales(Aug) 9:30 AM CDT - EIA Petroleum Status Report 1:00 PM CDT - FOMC Rate Decision(Sep) 2:00 PM CDT - Dairy Products Sales |
LT: Sep 10 Year Notes(CBT)
Sep Bonds(CBT) Oct Crude Lt(NYM) Oct Platinum & Palladium Options(NYM) |
| 09/21 Thu |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly 7:30 AM CDT - Philadephia Fed(Sep) 8:00 AM CDT - FHFA Housing Price Index(Jul) 9:30 AM CDT - EIA Natural Gas Report 3:30 PM CDT - Money Supply |
|
| 09/22 Fri |
2:00 PM CDT - Cattle On Feed
2:00 PM CDT - Cold Storage |
FN: Oct Crude Lt(NYM)
LT: Oct 2,5,10 Year Notes Options(CBT) Oct Bonds Options(CBT) Oct Canola Options(CBT) Oct Corn Options(CBT) Oct Wheat Options(CBT) Oct Oats Options(CBT) Oct Rough Rice Options(CBT) Oct Soybeans,Soymeal,Soyoil Options(CBT) |
| 09/25 Mon |
|
FN: Oct Cotton(NYM)
|
| 09/26 Tue |
9:00 AM CDT - Consumer Confidence(Sep)
9:00 AM CDT - New Home Sales(Aug) 3:30 PM CDT - API Energy Stocks |
LT: Oct Copper Options(CMX)
Oct Gold Options(CMX) Oct Silver Options(CMX) Oct Natural Gas Options(NYM) Oct RBOB & ULSD Options(NYM) |
| 09/27 Wed |
6:00 AM CDT - MBA Mortgage Purchase Index
7:30 AM CDT - Durable Goods-Ex Transportation(Aug) 7:30 AM CDT - Durable Orders(Aug) 9:00 AM CDT - Pending Home Sales(Aug) 9:30 AM CDT - EIA Petroleum Status Report 2:00 PM CDT - Diary Products Sales |
LT: Sep Copper(CMX)
Sep Gold(CMX) Sep Silver(CMX) Sep Platinum & Palladium(NYM) Oct Natural Gas(NYM) |
| 09/28 Thu |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly 7:30 AM CDT - GDP-Third Estimate(Q2) 7:30 AM CDT - GDP Deflator-Third Estimate(Q2) 9:30 AM CDT - EIA Natural Gas Report 2:00 PM CDT - Hogs & Pigs |
FN: Oct Natural Gas(NYM)
LT: Sep Feeder Cattle(CME) Sep Feeder Cattle Options(CME) |
| FN=First Notice, OE=Option Expiration, LT=Last Trade | ||
* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.
** The material 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.
*** 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!
