As a high risk trading type, futures trading is not for someone who is faint-hearted. Though there are a number of different ways of investing in futures , it is important to stick to what you know. Treading into unknown waters is not something that you should do when dealing in futures.
From managing margins to ordering trades to doing market analysis and more if you want to, you can do that all by yourself – but you may betaking double the risk. Therefore, when trading in futures, it may be better to seek advice from a professional trader.
Professional trading experts at Cannon Trading can help you with your futures trading. We are also there to keep you updated with the latest on futures trading and market news. All the news and latest articles on futures trading are published on our site under the category Archive Futures Trading News, which you are currently browsing through. Read more and the latest here and keep updated.
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Movers and shakers!
By John Thorpe, Senior Broker
What a reversal! After yesterday’s huge tech sell off initiated by a realization that a new AI app uses cheaper chips, The AI challenge from China shook the trading consciousness to the very roots of the U.S. AI talking points/ narrative. If true, what a breath of fresh air, think about it, the barriers to entry for innovation have been lowered 10 fold or more!, More competition in the A.I. zeitgeist is critical to reaching innovative success.
Tomorrow is FED Rate decision day, followed by Chairman Powell’s presser at 1PM CDT and 1:30 PM CDT respectively.
According to CME’s FEDWATCH tool , expectations are for no change from the current 4.25-4.50 fed funds rate, the rate charged to borrowing banks. Higher inflation, leads to higher Bond yields, Higher Yields lead to lower bond prices, and greater hesitancy by the FED to lower rates anytime soon.
Watch out for post cash close Earnings tomorrow and a number of other events.
Today’s Movers
**US December Advanced Durable Goods: -2.2%; prior -1.2%
**US December Advanced Durable Goods ex Trans: +0.3%; prior -0.1%
**US December Advanced Durable Goods ex Def: -2.4%; prior -0.3%
Redbook Weekly US Retail Sales Headline Recap
**Redbook Weekly US Retail Sales were +4.5% in the first four weeks of January 2025 vs January 2024
**Redbook Weekly US Retail Sales were +4.9% in the week ending January 25th vs yr ago wee
Case Schiller 20 US Metro-Area Home Prices Recap
**Case Schiller 20 US metro area home prices for November Y/Y: +4.3% from the year ago month
**Case Schiller 20 US metro area home prices for November M/M: +0.4% vs prior month
Richmond Fed Manufacturing Index Headline Recap
**Richmond Fed January Manufacturing Index: -4.0 ; prior -10.0
**Richmond Fed January Manufacturing Shipments Index: -9.0 ; prior -11.0
**Richmond Fed January Manufacturing New Orders: -4.0 ; prior -11.0
**Richmond Fed January Manufacturing Employees: +3.0 ; prior -8.0
**Richmond Fed January Manufacturing Prices Paid: +2.37 ; prior +2.86
**Richmond Fed January Manufacturing Prices Received: +1.21 ; prior +1.71
**Richmond Fed January Service Sector Index: +4.0 ; prior +23.0
Tomorrow’s Movers and Shakers:
7:30 AM CST Goods Trade Balance and Retail/Wholesale inventories.
1:00 PM CDT Fed Rate Decision
1:00 PM CDT Fed Press Conference
Earnings:
(95 rpts) Pre-Open Alibaba, MSFT, META, TSLA, IBM all after the cash close.
About: Cannon Trading is an independent futures brokerage firm established in 1988 in Los Angeles. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Listen to our podcast: Subscribe on Apple, Spotify, Amazon, or wherever you listen to podcasts!
Discover the right gold investment for you
US stocks gapped lower after Chinese AI competitor DeepSeek rose to the top spot on US app stores over the weekend, supplanting OpenAI. The NASDAQ plunged ~4% before the opening bell. Nvidia shares were routed, loosing some $500B in market cap falling below its 200-day moving average for the first time since fall 2023. The entire AI stack including semiconductors, nearly all things related to data centers, and electrical power generation saw whipsaw pullbacks on worries that a significantly cheaper, opensourced AI model could upend the boom in spending seen around US LLMs. Defensive flows into staples, healthcare, and some small caps could not offset the selling seen across the AI ecosystem, but breadth was much more positive relative to the declines seen in the S&P and NASDAQ. US Treasury markets saw prices surge too, and rates fell ahead of the FOMC meeting. The US 10-year yield fell back to 4.5% before bouncing. The US dollar index remained heavy. Crude and natural gas prices fell.
If you’re considering investing in gold, you might be wondering whether Gold futures or gold ETFs are the better fit for your portfolio. Our latest article delves into the key differences between these two investment options, helping you make an informed decision.
About: Cannon Trading is an independent futures brokerage firm established in 1988 in Los Angeles. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Listen to our podcast: Subscribe on Apple, Spotify, Amazon, or wherever you listen to podcasts!
Discover the right gold investment for you
If you’re considering investing in gold, you might be wondering whether Gold futures or gold ETFs are the better fit for your portfolio. Our latest article delves into the key differences between these two investment options, helping you make an informed decision.
About: Cannon Trading is an independent futures brokerage firm established in 1988 in Los Angeles. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Listen to our podcast: Subscribe on Apple, Spotify, Amazon, or wherever you listen to podcasts!
What you need to know before trading futures on Jan. 23rd:
By Mark O’Brien, Senior Broker
Stock Indexes:
Equity index futures rose today, powered by a rise in technology stocks after the new administration announced mammoth spending plans for artificial intelligence infrastructure, while the U.S. Dollar Index traded to a two-week low as tariffs were delayed.
Late on Tuesday, Pres. Trump announced that OpenAI, Japan’s SoftBank and Oracle will form a joint venture and invest up to $500 billion to build data AI centers. Shares of SoftBank surged 10.6% in Tokyo, Oracle gained 7.6% on Wall Street, adding to Tuesday’s 7.2% jump. The March E-mini Nasdaq lead U.S. stock index futures with a ±1.45% / ±300-point ascent, while the March E-mini S&P 500 gained ±.7% / ±40 points. The March E-mini Dow lagged somewhat with a ±.25% / 120-poing upswing.
Energy:
Oil prices eased to a fresh one-week low today as the market considers how the new administration’s proposed tariffs could affect global economic growth and demand for energy.
March West Texas Intermediate crude (WTI) traded 39 cents, or 0.5%, lower to settle at $75.44.
That puts WTI down for a fourth day in a row for the first time since November. Both crude benchmarks – WTI and Brent – closed at their lowest since Jan. 9 for a second day in a row.
Crude Oil numbers will be out tomorrow due to MLK holiday this past Monday.
Metals:
Gold futures (Feb.) prices traded to near three-month highs Tuesday, fueled in part by the weaker dollar and a seemingly lack of clarity around the new administration’s policy plans, which investors fear could trigger trade wars and elevate market volatility.
Feb. Gold added ±$7 to $2,766 per ounce as of this typing. Prices were at their highest since Nov. 5 when they hit their intraday high of $2,782.8.
About: Cannon Trading is an independent futures brokerage firm established in 1988 in Los Angeles. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Listen to our podcast: Subscribe on Apple, Spotify, Amazon, or wherever you listen to podcasts!
Movers and shakers!
By John Thorpe, Senior Broker
Post MLK Holiday and the 60th U.S. Presidential Inauguration the markets are on the move.
The U.S.Dollar is getting whacked, down 1.35 ( Crypto headlines emanating from the Whitehouse perhaps?)
From the Energy Markets giving back some of their gains “Drill baby Drill” from the past few trading sessions, to the Precious metals , inching a little higher after a tremendous downward push last night producing a Bullish engulfing pattern after today’s session. (lower lows , higher highs and closing on the high side during the same trading session)
Soybeans, really took off, up 33 plus cents in the front months (old Crop) along with all the row crops, Corn, Wheat, Oats. The deferreds were strong as well, Novemebr and Jan 2026 up 20 cents
Equities have re asserted their rally maintaining the bullish push from the day election rally.
About: Cannon Trading is an independent futures brokerage firm established in 1988 in Los Angeles. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
The March dollar is correcting after it satisfied its second upside PriceCount objective. At this point, IF the chart can resume its rally with new sustained highs, the third count would project a possible run to the 114.94 area.
The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com
Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.
About: Cannon Trading is an independent futures brokerage firm established in 1988 in Los Angeles. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Listen to our podcast: Subscribe on Apple, Spotify, Amazon, or wherever you listen to podcasts!
Bullet Points, Highlights, Announcements
By Mark O’Brien, Senior Broker
General:
While inflation has cooled substantially since the middle of 2022 – when it hit a four-decade high of more than 9 percent – more recently progress has slowed, or even stopped outright as evidenced by the Labor Department’s report this morning that the Consumer Price Index rose 0.4 percent from November, the fastest one-month increase in overall prices since February. But in the same report, the “core” measure of inflation, which strips out volatile food and fuel prices to give a better sense of the underlying trend, rose 3.2 percent from a year earlier after three straight months of 3.3 percent gains. Forecasters had not expected core inflation to show signs of slowing.
Going into the fed’s next meeting later this month investors widely expect the central bank to hold interest rates steady, breaking a streak of three consecutive rate cuts. Some forecasters now believe policymakers may not lower rates at all this year.
Stock Indexes:
Stock index futures took this morning’s news positively with the March E-mini S&P 500 soaring over 100 points as of this typing, posting a ±2% gain. The E-mini Nasdaq scaled up ±500 points, over 2.25%, the E-mini Russell 2000 posted a gain of ±2% with a ±45-point climb and the E-mini Dow thrust up over 700 points/±1.75%.
More General:
The CME group has taken an almost unprecedented step and reduced their exchange fees on one of the fastest growing futures contracts by volume. Starting Feb. 1 Micro Bitcoin futures exchange fees will drop over 50% from $2.50 to $1.15.2025
Micro Ether futures, already with on for the CME Group’s lowest fees at $0.20, is dropping half to $0.10
With efficient price discovery in transparent futures markets, prices based on the regulated CME CF Bitcoin Reference Rate (BRR) and easily traded on your supported trading platform.
Energy:
WTI crude oil futures (Feb.) rose almost 3% today and traded over $80 per barrel for the first in six months on the heels yesterday’s Energy Information Administration (EIA) report showing crude oil stocks fell last week to their lowest since April 2022 as exports rose and imports fell. Excluding the Strategic Petroleum Reserve stocks fell by 2 million barrels to 412.7 million barrels in the week ended Dec. 10, about 6% below the five-year average for this time of year.
About: Cannon Trading is an independent futures brokerage firm established in 1988 in Los Angeles. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Listen to our podcast: Subscribe on Apple, Spotify, Amazon, or wherever you listen to podcasts!
Movers and shakers!
By John Thorpe, Senior Broker
Today was a reversal day in a majority of the markets we all follow.
From the Energy Markets giving back some of their gains from the past few trading sessions, to the Precious metals , inching a little higher after a tremendous downward push yesterday.
Soybeans, while still in a strong up trend saw profit taking along with Corn and KC Wheat.
Equities have been struggling to maintain the election rally. The Bond markets slide was halted for a day.
Perhaps all this uncertainty is a result of the anticipation of tomorrow mornings CPI release.
This Economic data point has been one of the most talked about by the voting members of the FED and may portend a shift in policy..
Do keep an eye on changes in the CME FedWatch data (FedFund Futures) tomorrow, this will give traders an insight into future market direction. Higher inflation, leads to higher Bond yields, Higher Yields lead to lower bond prices, and greater hesitancy by the FED to lower rates anytime soon.
Lower CPI numbers are favorable to lower rates in the near term, therefore Higher Equity prices.
Plan your trade and trade your plan.
Today’s Movers
Today’s News:
Updated: January 14, 2025 6:23 am
**NFIB December US small business optimism index: 105.1 ; prior month 101.7 ; expected 100.0
Updated: January 14, 2025 7:31 am
US Producer Price Index (PPI) Headline Recap
**US December Producer Price Index (PPI) Final Demand: +0.2%; expected +0.3%
**US December Producer Price Index, ex. Food & Energy (PPI): 0.0%; expected +0.3%
**US December Personal Consumption: +0.3%
**US November Producer Price Index (PPI) Final Demand revised: +0.4% from +0.4%
Updated: January 14, 2025 7:55 am
Redbook Weekly US Retail Sales Headline Recap
**Redbook Weekly US Retail Sales were +4.0% in the first two weeks of January 2025 vs January 2024
**Redbook Weekly US Retail Sales were +4.0% in the week ending January 11th vs yr ago week
Watch Tomorrow’s Movers and Shakers:
7:30 AM CST CPI Consumer Price Index!
Here is Econoday.com’s consensus view
Fed Speakers:
Barkin 8:20 CST, Kashkari 9 am CST, Williams 10 am CST, Goolsbee 11 am CST
Earnings:
(162 rpts) Pre-Open JP Morgan Chase, Wells Fargo, Goldman Sachs, Black Rock, Citigroup, Bank of NY, Oracle after the close
About: Cannon Trading is an independent futures brokerage firm established in 1988 in Los Angeles. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
Martin Luther King 2025 Holiday Schedule for CME Exchange Hours (including Globex & ICE Exchange)
*Dates and times are subject to change
If you have any questions, please call the CME Global Command Center at +1 800 438 8616, in Europe at +44 800 898 013 or in Asia at +65 6532 5010
Globex® Martin Luther King Holiday Schedule for CME Exchange Hours (including Globex & ICE Exchange)
More details at: http://www.cmegroup.com/tools-information/holiday-calendar.html
Detailed holiday hours for ICE Futures: https://www.theice.com/holiday-hours
The above sources were compiled from sources believed to be reliable. Cannon Trading 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 closing times for certain contracts may have been rescheduled.
Improve Your Trading Skills
Get access to proprietary indicators and trading methods, consult with an experienced broker at 1-800-454-9572.
Explore trading methods. Register Here* 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 here in 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 judgement in trading.
If you like a demo ( and did not have a demo of StoneX Futures yet) CLICK HERE
In the mean time, your E-Futures platform will stay active until a date no earlier than Fri., Dec. 27th, with a firm decommission date to be announced
Important Notices – Next Week Highlights:
The Week Ahead
By John Thorpe, Senior Broker
766 corporate earnings reports as the season swings into action with the largest U.S. Banks! A number of meaningful Economic data releases including CPI, PPI and There will be a series of FED Speakers throughout the week.
Earnings Next Week:
Mon. Quiet (59rpts mid and smallcaps)
Tue. Quiet (25rpts Mid and smallcaps)
Wed. (162 rpts) Pre-Open JP Morgan Chase, Wells Fargo, Goldman Sachs, Black Rock, Citigroup, Bank of NY, Oracle after the close
Thu. ( 186 rpts) Pre-open Tiawan Semiconductor, United HealthCare, BofA, Morgan Stanley, US Bank.
Fri. Quiet (108 mid and small caps rpts)
FED SPEECHES:
Mon. Quiet
Tues. Schmid 9 am CST, Williams 2:05 CST
Wed. Barkin 8:20 CST, Kashkari 9 am CST, Williams 10 am CST, Goolsbee 11 am CST
Thu. Quiet
Fri. Quiet
Economic Data week:
Mon. Consumer Inflation Expectations,
Tues. RedBook, PPI
Wed. CPI, NY Empire State Manufacturing Index
Thur. Jobless claims, Philly Fed, Retail Sales, Business Inventories, NAHB Housing Market Index
Fri. Building Permits, Housing Starts, Industrial Production
Futures 102: World Cup Trading Championship
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Launch Your Trading Career
Top finishers may be invited to have their trading featured on WorldCupAdvisor.com. Subscribers may pay to follow their trades automatically.
Hot market of the week is provided by QT Market Center, A Swiss army knife charting package that’s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.
The March 10 year treasury notes have resumed their break into a new low. At this point the chart is taking aim at its third downside PriceCount objective to the 106^24 area.
PriceCounts – Not about where we’ve been , but where we might be going next!
The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com
Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.
Broker’s Trading System of the Week
With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.
The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.
Would you like to get weekly updates on real-time, results of systems mentioned above?
About: Cannon Trading is an independent futures brokerage firm established in 1988 in Los Angeles. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.
*Dates and times are subject to change
If you have any questions, please call the CME Global Command Center at +1 800 438 8616, in Europe at +44 800 898 013 or in Asia at +65 6532 5010
