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March 9th, 2018 Newsletter

NASDAQ reaching all time highs and World trading Championship

March 9th, 2018 - Issue #913

In This Issue

1. World Cup Trading Championship
2. Hot Market Report: NASDAQ futures
3. Economic Calendar

Please be aware that Daylight Saving Time will begin in the U.S. on Sunday, March 11, 2018 at 2:00 am.

Front month for stock indices is now June. Example is ESM8.

1. World Cup Trading Championship

you think you can trade?;

2. Hot Market Report: NASDAQ futures bouncing back to all time highs!

By Ilan Levy-Mayer, VP

Click on image below to enlarge

nasdaq futures; After months of NO volatility in stock index futures, markets went into extreme volatility the past 6 weeks or so with the infamous days at the beginning of February. On February 5th the Dow suffered it's single largest losing day, on a per point basis ,in history.
Since then we have witnessed some large swings, intraday and overnight. Many caused by geopolitcal events. It is my opinion that volatility is here to stay for a while. Many things are taking place on the geo political front that can cause the markets to continue swinging both ways but in between, as I am writing this newsletter ,on the heels of the latest unemployment report NASDAQ is back and testing all time highs....
Our brokers here at Cannon will be happy to chat about different markets, swing trading as well as day-trading and much more! Feel free to contact us at any time.

3. Economic Calendar

Source: Moore Research Center, Inc.

Date Reports Expiration & Notice Dates
03/09
Fri
7:30 AM CST - Ave Workweek & Hourly Earnings(Feb)
7:30 AM CST - Nonfarm Payrolls(Feb)
7:30 AM CST - Unemployment Rate(Feb)
9:00 AM CST - Mich Sentiment(Mar)
9:00 AM CST - Wholesale Inventories(Jan)
LT: Mar Orange Juice(ICE)
Mar Canadian Dollar Options(CME)
Mar Currencies Options(CME)
Mar Mx Peso Options(CME)
Mar US Dollar Index Options(ICE)
Apr Cocoa Options(ICE)
Apr Coffee Options(ICE)
03/12
Mon
1:00 PM CDT - Treasury Budget(Feb)
 
 
 

 
 
 
03/13
Tue
7:30 AM CDT - Core CPI & CPI(Feb)
3:30 PM CDT - API Energy Stocks
 
 

 
 
 
03/14
Wed
6:00 AM CDT - MBA Mortgage Applications Index
7:30 AM CDT - Core PPI & PPI(Feb)
7:30 AM CDT - Retail Sales(Feb)
7:30 AM CDT - Retail Sales Ex-Auto(Feb)
9:00 AM CDT - Business Inventories(Jan)
9:30 AM CDT - EIA Petroleum Status Report
2:00 PM CDT - Diary Products Sales
2:00 PM CDT - Honey
LT: Mar Canola(CBT)
Mar Wheat(CBT)
Mar Corn(CBT)
Mar Oats(CBT)
Mar Rough Rice(CBT)
Mar Soybeans,Soymeal,Soyoil(CBT)
Mar Cocoa(ICE)
03/15
Thu
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly
7:30 AM CDT - Empire Manufacturing(Mar)
7:30 AM CDT - Export (ex-ag) & Import (ex-oil) Prices(Feb)
7:30 AM CDT - Philadelphia Fed(Mar)
9:00 AM CDT - NHB Housing Market Index(Mar)
9:30 AM CDT - EIA Natural Gas Report
11:00 AM CDT - NOPA Crush
3:00 PM CDT - Net Long-Term TIC Flows(Jan)
3:30 PM CDT - Money Supply
LT: Mar S&P 500(CME)
Mar S&P 500 Options(CME)
Apr Crude Lt Options(NYM)
Apr Sugar-11 Options(ICE)
03/16
Fri
7:30 AM CDT - Building Permits & Housing Starts(Feb)
8:15 AM CDT - Capacity Util & Industrial Prod(Feb)
9:00 AM CDT - JOLTS-Job Openings(Jan)
 
FN: Mar Lumber(CME)
LT: Mar E-Mini Dow(CME)
Mar E-Mini S&P 500(CME)
Mar E-Mini NASDAQ(CME)
Mar Russell(CME)
Mar E-Mini Dow Options(CME)
Mar E-Mini S&P 500 Options(CME)
Mar E-Mini NASDAQ Options(CME)
Mar Russell Options(CME)
Apr Orange Juice Options(ICE)
03/19
Mon

 
 
 
LT: Mar Currencies(CME)
Mar Eurodollar(CME)
Mar MX Peso(CME)
Mar US Dollar Index(ICE)
Mar Coffee(ICE)
Mar Eurodollar Options(CME)
03/20
Tue
2:00 PM CDT - Milk Production
3:30 PM CDT - API Energy Stocks
 
 
LT: Mar 10-Year Notes(CBT)
Mar Bonds(CBT)
Mar Canadian Dollar(CME)
Apr Crude Lt(NYM)

03/21
Wed
6:00 AM CDT - MBA Mortgage Applications Index
7:30 AM CDT - Current Account Balance(Q4)
9:00 AM CDT - Existing Home Sales(Feb)
9:30 AM CDT - EIA Petroleum Status Report
1:00 PM CDT - FOMC Rate Decision(Mar)
2:00 PM CDT - Dairy Product Sales
LT: Apr Platinum Options(NYM)
Apr Palladium Options(NYM)

03/22
Thu
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly
8:00 AM CDT - FHFA Housing Price Index(Jan)
9:00 AM CDT - Leading Indicators(Feb)
9:30 AM CDT - EIA Natural Gas Report
2:00 PM CDT - Cold Storage
3:30 PM CDT - Money Supply
FN: Apr Crude Lt(NYM)
 
 
 
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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