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June 22nd, 2018 Newsletter

Let the ALGOs do the heavy lifting! Featured Automated Trading Systems along with Copper Review

June 22nd, 2018 - Issue #925

In This Issue

1. iSystems - Let the ALGOs do the heavy lifting
2. Hot Market Report: Copper Futures Testing Support Levels
3. Economic Calendar

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1. iSystems - Let the ALGOs do the heavy lifting

iSystems is a trading platform that allows you the investor/trader to browse and view performance from over 1000 professionally designed systems.

You can browse statistics, performance, logic and much more.

A series 3 professional broker is here to assist you if you would like to evaluate any specific systems and even better how to create a diversified portfolio based on your risk profile and capital.

The capital requirements for each Algo range from just $1300.00 to $25,000.00 You can choose between day trading Algos and swing trading Algos.

Browse our iSystems menu here

To view our top 3 systems, we personally like here at Cannon along with the option to schedule a 15 minute consultation with a broker ( online meeting available as well), fill out the short form below:

 

View Systems

First Name:

Last Name:

Phone number:

Email address:

Cannon Trading respects your privacy and will never give this information to a 3rd party.

2. Hot Market Report: Copper Futures Testing Major Support level

By Ilan Levy-Mayer

Click on image below to enlarge

Silver futures; Copper belongs to the "metals family": Gold, Silver, Copper, Platinum, Palladium. All traded on the COMEX exchange.

Current copper fundamentals-
1. Global copper output up 7.1% in first three months of 2018! Output in Chile increased by 19%, mainly because production in 2017 was constrained by a strike at Escondida which is the world’s biggest copper mine.
2. Worries about the impact of a trade war between the US and China, responsible for almost half the world’s consumption of copper and other base metals, is behind the recent pullback.


Daily chart of Copper Futures for your review from this morning ( June 22nd 2018). You can see Copper has been trading between 296 to 330 for the last 18 months with more recent lows right at 301. Copper is "usually" volatile enough and liquid enough to be suitable for both day trading and swing trading. To access a free trial to the ALGOS shown in the chart visit and sign up for a free trial for 21 days with real-time data.
Copper Futures Specs
Hours: 05:00 PM previous day to 4:00 PM Central Time
Margins: $3080 initial, $1705 Maint. ( as of the date of this newsletter)
Point Value: full point = $250 ( Example: 3.0230 to 3.0330 ). Min fluctuation is 0.0005 = $12.5 ( Example: 3.0230 to 3.0235) Settlement: Physical Delivery
Months: Every Month Weekly Options:YES

Some of the basic fundamentals to keep in mind when you are considering trading the Copper for this matter:
1. Research supply side in major copper producing countries like Chile, Peru, China and United States.
2. Follow both the industrial demand and investment demand for copper
3. Focus in macroeconomics not microeconomics
4. Correlation to gold and silver
5. Correlation to US Dollar prices
6. Inflationary prospects
7. Geopolitical Stability
8. U.S. Fiscal and Monetary Stability

Our brokers here at Cannon will be happy to chat about the copper market, other metals, other futures, options, futures spreads and much more! Feel free to contact us at any time.

3. Economic Calendar

Source: Moore Research Center, Inc.

Date Reports Expiration & Notice Dates
06/22
Fri
2:00 PM CDT - Cattle On Feed
2:00 PM CDT - Cold Storage
 
 
FN: Jul Crude Lt(NYM)
LT: Jul 2,5,10 Year Notes Options(CBT)
Jul Bonds Options(CBT)
Jul Wheat Options(CBT)
Jul Corn Options(CBT)
Jul Oats Options(CBT)
Jul Rough Rice Options(CBT)
Jul Soybeans,Soymeal,Soyoil(CBT)
06/25
Mon
9:00 AM CDT - New Home Sales(May)
 
 
 
FN: Jul Cotton(NYM)
 
 
 
06/26
Tue
8:00 AM CDT - S&P Case-Shiller 20-City Index(Apr)
9:00 AM CDT - Consumer Confidence(Jun)
3:30 PM CDT - API Energy Stocks
 
LT: Jul Copper Options(CMX)
Jul Gold Options(CMX)
Jul Silver Options(CMX)
Jul Natural Gas Options(NYM)
Jul RBOB & ULSD Options(NYM)
06/27
Wed
6:00 AM CDT - MBA Mortgage Index
7:30 AM CDT - Durable Goods Ex-Transportation(May)
7:30 AM CDT - Durable Orders(May)
7:30 AM CDT - Adv Intl Trade In Goods(May)
7:30 AM CDT - Adv Wholesale Inventories(May)
7:30 AM CDT - Current Account Balance(Q1)
9:00 AM CDT - Pending Home Sales(May)
9:30 AM CDT - EIA Petroleum Status Report
2:00 PM CDT - Dairy Products Sales
LT: Jun Copper(CMX)
Jun Gold(CMX)
Jun Silver(CMX)
Jun Platinum(NYM)
Jun Palladium(NYM)
Jul Natural Gas(NYM)
06/28
Thu
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly
7:30 AM CDT - GDP-Third Estimate(Q1)
7:30 AM CDT - GDP Deflator-Third Estimate(Q1)
9:30 AM CDT - EIA Natural Gas Report
2:00 PM CDT - Quarterly Hogs & Pigs
3:30 PM CDT - Money Supply
FN: Jun Natural Gas(NYM)

 
 
06/29
Fri
7:30 AM CDT - PCE Prices(May)
7:30 AM CDT - PCE Prices-Core(May)
7:30 AM CDT - Personal Income & Spending(May)
8:45 AM CDT - Chicago PMI(Jun)
9:00 AM CDT - Univ of Mich Consumer Sentiment-Final(Jun)
11:00 AM CDT - Planted Acreage
11:00 AM CDT - Grain Stocks
FN: Jul Copper(CMX)
Jul Gold & Silver(CMX)
Jul Platinum & Palladium(NYM)
Jul Canola(CBT)
Jul Wheat(CBT)
Jul Oats(CBT)
Jul Corn(CBT)
Jul Rough Rice(CBT)
Jul Soybeans,Soymeal,Soyoil(CBT)
LT: Jun 2,5 Year Notes(CBT)
Jun Fed Funds(CME)
Jun Live Cattle(CME)
Jul RBOB & ULSD(NYM)
Jul Sugar-11(ICE)
Jun Fed Funds Options(CME)
Jul Lumber Options(CME)
07/02
Mon
9:00 AM CDT - Construction Spending(May)
9:00 AM CDT - ISM Index(Jun)
2:00 PM CDT - Cotton System
2:00 PM CDT - Grain Crushings
2:00 PM CDT - Fats & Oils
FN: Jul Orange Juice(ICE)
Jul Sugar-11(ICE)

 
07/03
Tue
9:00 AM CDT - Factory Orders(May)
1:00 PM CDT - Auto & Truck Sales(Jun)
3:30 PM CDT - API Energy Stocks
 
FN: Jul RBOB & ULSD(NYM)
LT: Jun Butter(CME)
Jun Milk(CME)
Jun Butter Options(CME)
Jun Milk Options(CME)
07/04
Wed
INDEPENDENCE DAY
 
 
 

 
 
 
07/05
Thu
6:00 AM CDT - MBA Mortgage Index
7:15 AM CDT - ADP Employment Change(Jun)
7:30 AM CDT - Initial Claims-Weekly
9:00 AM CDT - ISM Services(Jun)
10:00 AM CDT - EIA Pertroleum Status Report
2:00 PM CDT - Dairy Product Sales
3:30 PM CDT - Money Supply

 
 
 
FN=First Notice, OE=Option Expiration, LT=Last Trade

Disclaimer: This calendar is compiled from sources believed to be reliable. Moore Research Center, Inc. assumes no responsibility for any errors or omissions. It is meant as an alert to events that may affect trading strategies and is not necessarily complete. The release dates for certain economic reports may have been rescheduled.

* 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!

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