February 2, 2018 - Issue #908
In This Issue
1. Trading Alerts via Text Directly to Your Phone
2. Hot Market Report: Unleaded Gasoline Rally Over?
3. Economic Calendar
1. Trading Alerts via Text Directly to Your Phone
The real time trade alerts trial uses a combination of technical analysis, trading ALGOS, economic reports due in addition to other proprietary information.
You will receive entry levels along with suggested stops and targets and updates as the trade progress.
Text alerts available to US and Canada residents. Int'l clients will receive the alerts via email.
Real-time trade signals via text available for the following markets:
* Gold, silver, copper, platinum
* mini SP, mini Nasdaq, mini Dow, mini Russell
* Major currenciey pairs
* Wheat, Beans, Soymeal, Bean oil
* Crude oil, RBOB, Heating oil, Natural gas
* 30 year Bonds and 10 year Notes
* Hogs, Cattle
* Coffee, Sugar, Cocoa
Trading Alerts via Text
Cannon Trading respects your privacy and will never give this information to a 3rd party.
2. Hot Market Report: Unleaded Gasoline - Is the Rally Over?
By Ilan Levy-Mayer, VPClick on image below to enlarge
The impressive rally in crude oil brought unleaded gas along for the ride as well. The energy sector as a whole had an impressive rally these past few months.
Recently we got a potetnial sell signal on the unleaded gasoline from a chart, technical perspective as you can see in the chart marked by a red diamond and an arrow pointing downwards.
While trends usually don't flip instantly, it seems to me that the market has placed in a medium term top. The energy sector present some interesting spread possibilities
( such as long unleaded/short heating oil etc.) and our brokers here at Cannon will be happy to chat about the energy sector, trading strategies and much more!
please feel free to contact us at any time.
3. Economic Calendar
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
|---|---|---|
| 02/02 Fri |
7:30 AM CST - Ave Workweek & Hourly Earnings(Jan)
7:30 AM CST - Unemployment Rate(Jan) 7:30 AM CST - Nonfarm Payrolls(Jan) 9:00 AM CST - Factory Orders(Dec) 9:00 AM CST - Mich Consumer Sentiment-Final(Jan) |
FN: Feb RBOB & ULSD(NYM)
Feb Live Cattle Options(CME) Mar Cocoa Options(ICE) |
| 02/05 Mon |
9:00 AM CST - ISM Services(Jan)
|
FN: Feb Live Cattle(CME)
|
| 02/06 Tue |
7:30 AM CST - Trade Balance(Dec)
3:30 PM CST - API Energy Stocks |
|
| 02/07 Wed |
6:00 AM CST - MBA Mortgage Applications Index
9:00 AM CST - JOLTS-Job Openings(Dec) 9:30 AM CST - EIA Petroleum Status Report 2:00 PM CST - Consumer Credit(Dec) 2:00 PM CST - Dairy Products Sales |
|
| 02/08 Thu |
7:30 AM CST - USDA Weekly Export Sales
7:30 AM CST - Initial Claims-Weekly 9:30 AM CST - EIA Natural Gas Report 11:00 AM CST - WASDE Report & Crop Production 3:30 PM CST - Money Supply |
LT: Mar Sugar-16(ICE)
|
| 02/09 Fri |
9:00 AM CST - Wholesale Inventories(Dec)
|
FN: Mar Sugar-16(ICE)
LT: Feb Canadian Dollar Options(CME) Feb Currencies Options(CME) Feb Mx Peso Options(CME) Feb US Dollar Index Options(ICE) Mar Cotton Options(NYM) Mar Coffee Options(ICE) |
| 02/12 Mon |
1:00 PM CST - Treasury Budget(Jan)
|
|
| 02/13 Tue |
3:30 PM CST - API Energy Stocks
|
|
| 02/14 Wed |
6:00 AM CST - MBA Mortgage Purchase Index
7:30 AM CST - Core CPI & CPI(Jan) 7:30 AM CST - Retail Sales(Jan) 7:30 AM CST - Retail Sales Ex-Auto(Jan) 9:00 AM CST - Business Inventories(Dec) 9:30 AM CST - EIA Petroleum Status Report 2:00 PM CST - Dairy Products Sales |
FN: Mar Cocoa(ICE)
LT: Feb Lean Hogs(CME) Feb Lean Hogs Options(CME) Mar Crude Lt Options(NYM) |
| 02/15 Thu |
7:30 AM CST - USDA Weekly Export Sales
7:30 AM CST - Initial Claims-Weekly 7:30 AM CST - Core PPI & PPI(Jan) 7:30 AM CST - Empire Manufacturing(Feb) 7:30 AM CST - Philadelphia Fed(Feb) 8:15 AM CST - Capacity Util & Industrial Prod(Jan) 9:00 AM CST - NAHB Housing Market Index(Feb) 9:30 AM CST - EIA Natural Gas Report 11:00 AM CST - NOPA Crush 2:00 PM CST - Net Long-Term TIC Flows(Feb) 3:30 PM CST - Money Supply |
LT: Mar Sugar-11 Options(ICE)
|
| 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!
