In This Issue
By: Ilan Levy-Mayer
Trading is a constant learning experience - as you change as a trader, the markets evolve as well, and so does the technology. My inbox is full of "offers" that will teach me how to make money from the comfort of my home. I frequently laugh at these emails, or delete them if I get annoyed. Then, if I get really irritated by the ridiculous promises made, I will actually take the time to call them out.
Trading is one of the harder things I have done. Emotionally and mentally, it is a very tough endevour. One method I've found that helps me filter out trades and sometimes noise in the market, is a very simple one...using multiple time frames.
Source: Moore Research Center, Inc.
|Date||Reports||Expiration & Notice Dates|
Ê0:00 AM CDT - JOLTS-Job Openings(Mar)
11:00 AM CDT - WASDE Report & Crop Production
1:00 PM CDT - Treasury Budget(Apr)
|6:00 AM CDT - MBA Mortgage Purchase Index
7:30 AM CDT - Export(ex-ag) & Import(ex-oil) Prices(Apr)
7:30 AM CDT - Retail Sales(Apr)
7:30 AM CDT - Retail Sales(ex-auto)(Apr)
9:00 AM CDT - Business Inventories(Mar)
9:30 AM CDT - API & DOE Energy Stats
2:00 PM CDT - Dairy Products Sales
|LT: May Cocoa(ICE)|
|7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly
7:30 AM CDT - Core PPI & PPI(Apr)
9:30 AM CDT - EIA Gas Storage
3:30 PM CDT - Money Supply
|LT: May Corn(CBT)
May Rough Rice(CBT)
May Lean Hogs(CME)
May Lean Hogs Options(CME)
Jun Crude Lt Options(NYM)
|7:30 AM CDT - Empire Manufacturing(May)
8:15 AM CDT - Capacity Util & Industrial Prod(Apr)
9:00 AM CDT - Mich Sentiment(May)
11:00 PM CDT - NOPA Crush
3:00 PM CDT - Net Long-Term TIC Flows(Mar)
|LT: May Lumber(CME)
May Nikkei Options(CME)
May DJIA Options(CME)
May S&P 500 Options(CME)
May E-Mini S&P 500 Options(CME)
May NASDAQ Options(CME)
May E-Mini NASDAQ Options(CME)
May Russell Options(CME)
Jun Sugar-11 Options(ICE)
Jun Orange Juice Options(ICE)Ê
|Ê9:00 AM CDT - NAHB Housing Market Index(May)||FN: May Lumber(CME)
LT: May Eurodollar(CME)
* 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!