FOMC Sparks True Futures Market Reaction, November 4th 2010

FOMC Sparks True Futures Market Reaction, November 4th 2010

FOMC came and gone. market had its normal volatile two sided action but finished on the highs.

I have said this before, many times you can see the “true market reaction” the day after FOMC.

Tomorrow and Friday (monthly un-employment figures) should be interesting and perhaps volatile trading days.GOOD TRADING!

TRADING LEVELS

futures-trading-levels-20101103

This Week’s Calendar from Econoday.Com
All reports are EST time

Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php

Thursday, November 4th 2010 – http://mam.econoday.com/byweek.asp?cust=mam

Chain Store Sales

Monster Employment Index
6:00 AM ET

Jobless Claims
8:30 AM ET

Productivity and Costs
8:30 AM ET

EIA Natural Gas Report
10:30 AM ET

3-Month Bill Announcement
11:00 AM ET

6-Month Bill Announcement
11:00 AM ET

10-Yr TIPS Auction
1:00 PM ET

Treasury STRIPS
3:00 PM ET

Fed Balance Sheet
4:30 PM ET

Money Supply
4:30 PM ET

Disclaimer:
Trading commodity futures and options involves substantial risk of loss. The recommendations 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 futures 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!

Tags: > > > > > > > > > Posted in: Future Trading News   | Future Trading Platform   | Futures Broker   | Futures Exchange   | Futures Trading  

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