July 7, 2017 - Issue #883
In This Issue
1. July Special - Top iSystems Auto Trading Systems FREE during July
2. Hot Market report: Bearish Crude Oil Market Weighing Down Other Commodities
3. Economic Calendar
1. July Special - Top iSystems Auto Trading Systems FREE* during July
Cannon Trading is pleased to offer special pricing for it's clients and new clients who would like to participate in automated trading via the iSystem platform!
*Free means specific systems by the mentioned developers below will not charge the monthly subscription fee. Commissions, exchange fees will be charged per transaction.
The following system developers are waiving their monthly subscription fee for the month of July for new Cannon subscribers!
Addwins ( featured here is their gold intraday system)
BattleQuant ( featured here is their mini nasdaq day trading system)
Optimized trading ( featured here is one of their mini SP swing system)
Have all agreed to offer their professionally designed trading systems FREE for the month of July!
These system developers have some of the leading trade systems currently offered on our iSystems platform
Browse and choose day trading systems, swing trading systems, trend following systems, break out models and more. You can view performance, evaluate backtesting, forward testing and live results and the best part is if you need ANY help or second opinion - one of our professional, series 3 licensed brokers can do just that for you!
Automated trading equals trading 24 hours a day.
24 hours a day liquidity and 24 hours a day transparency!
The system places stops, targets, entry and trade management.
You have full control on which system to activate, when to start a system, when to stop a system and much more!
Existing clients can participate by filling out one additional form and can be active within one business day. Call or email your broker
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Read the full iSystems risk dislcosure
Don't wait... browse available systems along with results and much more information INSTANTLY
Browse Systems Now
Cannon Trading respects your privacy and will never give this information to a 3rd party.2. Hot Market report: Bearish Crude Oil Market Weighing Down Other Commodities
From our friend Jim Wyckoff at JimWyckoff.com
Click on image below to enlarge
The Nymex crude oil futures market remains in a downtrend, with the bears continuing to hold the firm overall near-term technical advantage.
As long as oil prices remain in a downtrend and remain well below $50.00 a barrel, the raw commodity market bulls will not have much to crow about.
3. Economic Calendar
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
|---|---|---|
| 07/07 Fri |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Ave Workweek & Hourly Earnings(Jun) 7:30 AM CDT - Nonfarm Payrolls(Jun) 7:30 AM CDT - Unemployment Rate(Jun) |
LT: Jul Cotton(CME)
Jul Canadian Dollar Options(CME) Jul Currencies Options(CME) Jul Mx Peso Options(CME) Jul Live Cattle Options(CME) Jul US Dollar Options(ICE) Aug Cocoa Options(ICE) |
| 07/10 Mon |
2:00 PM CDT - Consumer Credit(May)
|
|
| 07/11 Tue |
9:00 AM CDT - Wholesale Inventories(May)
9:00 AM CDT - JOLTS-Job Openings(May) 3:30 PM CDT - API Energy Stocks |
LT: Jul Orange Juice(ICE)
|
| 07/12 Wed |
6:00 AM CDT - MBA Mortgage Applications Index
9:30 AM CDT - EIA Petroleum Status Report 11:00 AM CDT - WASDE Report & Crop Production 1:00 PM CDT - Fed's Beige Book(Jul) 2:00 PM CDT - Dairy Product Sales |
|
| 07/13 Thu |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly 7:30 AM CDT - Core PPI & PPI(Jun) 9:30 AM CDT - EIA Natural Gas Report 3:30 AM CDT - Money Supply |
|
| 07/14 Fri |
7:30 AM CDT - Core CPI & CPI(Jun)
7:30 AM CDT - Retail Sales(Jun) 7:30 AM CDT - Retail Sales Ex-Auto(Jun) 8:15 AM CDT - Capacity Util & Industrial Prod(Jun) 9:00 AM CDT - Business Inventories(May) 9:00 AM CDT - Mich Sentiment(Jul) |
LT: Jul Canola(CBT)
Jul Wheat(CBT) Jul Corn(CBT) Jul Oats(CBT) Jul Rough Rice(CBT) Jul Soybeans,Soymeal,Soyoil(CBT) Jul Cocoa(ICE) Jul Lumber(CME) Jul Eurodollars Options(CME) Aug Coffee Options(ICE) |
| 07/17 Mon |
7:30 AM CDT - Empire Manufacturing(Jul)
11:00 AM CDT - NOPA Crush |
FN: Jul Lumber(CME)
LT: Jul Eurodollar(CME) Jul Lean Hogs(CME) Jul Mx Peso(CME) Jul Lean Hogs Options(CME) Aug Crude Lt(NYM) Aug Sugar-11(ICE) |
| 07/18 Tue |
7:30 AM CDT - Export Prices(ex-ag) & Import Prices(ex-oil)(Jun)
3:00 PM CDT - Net Long-Term TIC Flows(Jul) 3:30 PM CDT - API Energy Stocks |
|
| 07/19 Wed |
6:00 AM CDT - MBA Mortgage Purchase Index
7:30 AM CDT - Building Permits & Housing Starts(Jun) 9:30 AM CDT - EIA Petroleum Status Report 2:00 PM CDT - Dairy Products Sales |
LT: Jul Coffee(ICE)
Aug Platinum Options(NYM) Aug Palladium Options(NYM) |
| 07/20 Thu |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly 7:30 AM CDT - Philadelphia Fed(Jul) 9:30 AM CDT - EIA Natural Gas Report 2:00 PM CDT - Milk Production 3:30 PM CDT - Money Supply |
LT: Aug Crude Lt(NYM)
|
| 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!
