January 12, 2018 - Issue #905
In This Issue
1. Learn to Trade: Free, Interactive Futures Trading Tutorial
2. Hot Market report: British Pound Breaking Higher?
3. Economic Calendar
Martin Luther King Jr. Hoiliday this Monday. Markets will have modified trading hours and some are closed.
1. Learn to Trade: Free, Interactive Futures Trading Tutorial
An interactive tutorial on the basics ( and a little more) of futures trading.
Browse through the tutorial at your leisure and at your own pace. ) Please call us if you have any questions about implementing your strategy or requesting a live demo or have feedback
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2. Hot Market Report: CBOE Bitcoin Futures Contract
By Ilan Levy-Mayer, VPClick on image below to enlarge
British Pound has bounced nicely since lows made in November of 2017. Talks about extending the "Brexit transitional period" are helping the fundamental side and the chart is looking healthier.
Notice we got a recent buy signal ( blue slanted arrow) but in order for this rally to be significant,
this market needs to close above 137.50. As always, if you like to chat markets, have questions, please feel free to contact us at any time.
3. Economic Calendar
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
|---|---|---|
| 01/12 Fri |
7:30 AM CST - Core CPI & CPI(Dec)
7:30 AM CST - Retail Sales(Dec) 7:30 AM CST - Retail Sales Ex-Auto(Dec) 9:00 AM CST - Business Inventories(Nov) 9:00 AM CST - Mich Sentiment-Prelim(Jan) 11:00 AM CST - WASDE Report 11:00 AM CST - Crop Production & Annual 11:00 AM CST - Grain Stocks 11:00 AM CST - Winter Wheat Seedings |
LT: Jan Canola(CBT)
Jan Rough Rice(CBT) Jan Soybeans,Soymeal,Soyoil(CBT) Jan Mx Peso(CME) Jan Lumber(CME) Jan Eurodollar Options(CME) Feb Coffee Options(ICE) |
| 01/15 Mon |
MARTIN LUTHER KING, JR DAY
|
LT: Jan Eurodollar(CME)
|
| 01/16 Tue |
7:30 AM CST - Empire Manufacturing(Jan)
11:00 AM CST - NOPA Crush |
FN: Jan Lumber(CME)
LT: Feb Sugar-11(ICE) |
| 01/17 Wed |
6:00 AM CST - MBA Mortgage Applications Index
8:15 AM CST - Capacity Util & Industrial Prod(Dec) 9:00 AM CST - NAHB Housing Market Index(Jan) 3:00 PM CST - Net Long-Term TIC Flows(Jan) 3:30 PM CST - API Energy Stocks |
LT: Feb Crude Lt Options(NYM)
Feb Platinum Options(NYM) Feb Palladium Options(NYM) |
| 01/18 Thu |
7:30 AM CST - Initial Claims-Weekly
7:30 AM CST - Housing Starts & Building Permits(Dec) 7:30 AM CST - Philadelphia Fed(Jan) 9:30 AM CST - EIA Natural Gas Report 10:00 AM CST - EIA Petroleum Status Report 2:00 PM CST - Dairy Products Sales 3:30 PM CST - Money Supply |
|
| 01/19 Fri |
7:30 AM CST - USDA Weekly Export Sales
|
LT: Jan Nikkei Options(CME)
Jan Russell Options(CME) Feb Orange Juice Options(ICE) |
| 01/22 Mon |
|
LT: Feb Crude Lt(NYM)
|
| 01/23 Tue |
2:00 PM CST - Cold Storage
2:00 PM CST - Milk Production 3:30 PM CST - API Energy Stocks |
|
| 01/24 Wed |
6:00 AM CST - MBA Mortgage Applications Index
8:00 AM CST - FHFA Housing Price Index(Nov) 9:00 AM CST - Existing Home Sales(Dec) 9:30 AM CST - EIA Petroleum Status Report 2:00 PM CST - Dairy Products Sales |
FN: Feb Crude Lt(Feb)
|
| 01/25 Thu |
7:30 AM CST - USDA Weekly Export Sales
7:30 AM CST - Initial Claims-Weekly 7:30 AM CST - New Home Sales(Dec) 9:00 AM CST - Leading Indicators(Dec) 9:30 AM CST - EIA Natural Gas Report 3:30 PM CST - Money Supply |
LT: Jan Feeder Cattle(CME)
Jan Feeder Cattle Options(CME) Feb Copper Options(CMX) Feb Gold & Silver Options(CMX) |
| 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!
