May 5th, 2017 - Issue #874
In This Issue
1. Trading 102: Trading Education Videos
2. Hot Market report: E-Mini S&P Sees "Collapse in Volatility;" Bigger Move Coming Soon
3. Economic Calendar
1. Educational Videos
by: Cannon Trading Brokers
Cannon Trading is happy to share with you a few videos focusing on trading techniques, ideas and tools you can add to your trading arsenal. In this week's newsletter we are sharing the following 3 videos, about 5 minutes each, ready for immediate viewing on the following topics:
1. Identifying Support And Resistance Using A Line Chart.
2. Finding Levels of Support Resistance
3. Day Trading crude oil futures using fear and greed....
To view videos instantly, please fill out the form below.
Watch Videos.
Cannon Trading respects your privacy and will never give this information to a 3rd party.
2. Hot Market report: E-Mini S&P Sees "Collapse in Volatility;" Bigger Move Coming Soon
From our friend Jim Wyckoff at JimWyckoff.com
Click on image below to enlarge
The e-mini S&P stock index futures have recently seen a "collapse in volatility," where by three more more sessions in a row have experienced significantly smaller trading ranges.
This suggests a bigger price move is on the horizon.
The U.S. stock index bulls are still in firm technical control, even though the bull market run in the stock indexes is very mature. --Jim
3. Economic Calendar
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
|---|---|---|
| 05/05 Fri |
7:30 AM CDT - Nonfarm Payrolls(Apr)
7:30 AM CDT - Unemployment Rate(Apr) 7:30 AM CDT - Average Workweek & Hourly Earnings(Apr) 2:00 PM CDT - Consumer Credit(Mar) |
LT: May Canadian Dollar Options(CME)
May Currencies Options(CME) May Live Cattle Options(CME) May Mx Peso Options(CME) May US Dollar Index Options(ICE) Jun Cocoa Options(ICE) |
| 05/08 Mon |
|
LT: May Cotton(NYM)
|
| 05/09 Tue |
9:00 AM CDT - JOLTS-Job Openings(Mar)
9:00 AM CDT - Wholesale Inventories(Mar) 3:30 PM CDT - API Energy Stocks |
|
| 05/10 Wed |
6:00 AM CDT - MBA Mortgage Purchase Index
7:30 AM CDT - Export (ex-ag) & Import (ex-oil) Prices(Apr) 9:30 AM CDT - EIA Petroleum Status Report 11:00 AM CDT - WASDE Report & Crop Production 1:00 PM CDT - Treasury Budget(Apr) 2:00 PM CDT - Dairy Products Sales |
LT: May Orange Juice(ICE)
|
| 05/11 Thu |
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 Natural Gas Report 3:30 PM CDT - Money Supply |
|
| 05/12 Fri |
7:30 AM CDT - Core CPI & CPI(Apr)
7:30 AM CDT - Retail Sales(Apr) 7:30 AM CDT - Retail Sales(ex-auto)(Apr) 9:00 AM CDT - Business Inventories(Mar) 9:00 AM CDT - Mich Sentiment-Prelim(May) |
LT: May Canola(CBT)
May Wheat(CBT) May Corn(CBT) May Oats(CBT) May Rough Rice(CBT) May Soybeans,Soymeal,Soyoil(CBT) May Lean Hogs(CME) May Lean Hogs Options(CME) May Eurodollar Options(CME) Jun Coffee Options(ICE) |
| 05/15 Mon |
7:30 AM CDT - Empire Manufacturing(May)
11:00 AM CDT - NOPA Crush 3:00 PM CDT - Net Long-Term TIC Flows(May) |
LT: May Eurodollar(CME)
May Cocoa(ICE) May Lumber(CME) May Mx Peso(CME) Jun Sugar-11 Options(ICE) |
| 05/16 Tue |
7:30 AM CDT - Housing Starts & Building Permits(Apr)
8:15 AM CDT - Capacity Util & Industrial Prod(Apr) 3:30 PM CDT - API Energy Stocks |
FN: May Lumber(CME)
|
| 05/17 Wed |
6:00 AM CDT - MBA Mortgage Purchase Index
9:30 AM CDT - EIA Petroleum Status Report 2:00 PM CDT - Dairy Products Sales |
LT: Jun Crude Lt Options(NYM)
Jun Platinum Options(NYM) Jun Palladium Options(NYM) |
| 05/18 Thu |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly 7:30 AM CDT - Philadelphia Fed(May) 9:30 AM CDT - EIA Natural Gas Report 3:30 PM CDT - Money Supply |
LT: May Coffee(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!
