December 12th, 2014 - Issue #765
In This Issue
1. Gold Looking to Feel “Comfortable” in a New Neighborhood
2. 25 Proven Strategies for Trading Options
3. Economic Calendar
1. Gold Looking to Feel “Comfortable” in a New Neighborhood
By: Ilan Levy-Mayer, Cannon Trading VP @ Equities
December 12th, 2014
click on image below to enlarge
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Gold prices declined close to 40% from their highs around September 2011. The tail end of QE made deflationary fears the major factor in this slide, as well as the somewhat historical inverse correlation to stock market prices. The latter is the one responsible for the major rally this morning ( Dec. 9th, 2014) with gold up $32 and silver up almost a full $1!! This is a big move in the metals complex. From a technical perspective....
- Click on this link to see more of this article.
2. 25 Proven Strategies for Trading Options
By CME Group
If you are currently trading options on futures or are interested in exploring them further, check out our newly updated trading guide, featuring 25 commonly used options strategies, including butterflies, straddles, strangles, backspreads and conversions. Each strategy includes an illustration demonstrating the effect of time decay on the total option premium involved in the position.
Options on futures rank among our most versatile risk management tools, and are offered on most of our products. Whether you trade options for purposes of hedging or speculating, you can limit your risk to the amount you paid up-front for the option while maintaining your exposure to beneficial price movements.
Don't wait... Download the eBook "25 Proven Strategies for Trading Options" NOW!
3. Economic Calendar
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
| 12/15 Mon |
7:30 AM CST - Empire Manufacturing(Dec) 8:15 AM CST - Capacity Util & Industrial Prod(Nov) 9:00 AM CST - NAHB Housing Market Index(Dec) 11:00 AM CST - NOPA Crush 5:00 PM CST - Net Long-Term TIC Flows(Oct) | LT: Dec Currencies(CME) Dec Eurodollar(CME) Dec Cocoa(ICE) Dec US Dollar Index(ICE) Dec Eurodollar Options(CME) Jan Sugar-11 Options(ICE) |
| 12/16 Tues |
7:30 AM CST - Building Permits & Housing Starts(Nov) | FN: Dec US Dollar Index(ICE) LT: Dec Canadian Dollar(CME) Jan Crude Lt Options(NYM) |
| 12/17 Wed |
6:00 AM CST - MBA Mortgage Purchase Index
7:30 AM CST - Core CPI & CPI(Nov)
7:30 AM CST - Current Account Balance(Q3)
9:30 AM CST - API & DOE Energy Stats
1:00 PM CST - FOMC Rate Decision(Dec)
3:00 PM CST - Dairy Products Prices
|
LT: Jan Platinum Options(NYM) Jan Palladium Options(NYM) |
| 12/18 Thurs |
7:30 AM CST - USDA Weekly Export Sales 7:30 AM CST - Initial Claims-Weekly 9:00 AM CST - Leading Indicators(Nov) 9:00 AM CST - Philadelphia Fed(Dec) 9:30 AM CST - EIA Gas Storage 3:30 PM CST - Money Supply | LT: Dec Coffee(ICE) Dec NASDAQ(CME) Dec S&P 500(CME) Dec NASDAQ Options(CME) Dec S&P 500 Options(CME) |
| 12/19 Fri |
2:00 PM CST - Cattle On Feed | LT: Dec 10 Year Notes(CBT) Dec Bonds(CBT) Dec DJIA(CME) Dec E-Mini S&P 500(CME) Dec E-Mini NASDAQ(CME) Dec Russell(CME) Jan Crude Lt(NYM) Dec DJIA Options(CME) Dec E-Mini S&P 500 Options(CME) Dec E-Mini NASDAQ Options(CME) Dec Russell Options(CME) Jan Cotton Options(ICE) Jan Orange Juice Options(ICE) |
| 12/22 Mon |
9:00 AM CST - Existing Home Sales(Nov)
2:00 PM CST - Cold Storage
|
* 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!
