Futures Market Volatility News


Weekly Newsletter 1077: Adjust your Trading with Volatility & Futures Levels for the Week Ahead

December 3rd, 2021 Filed under Future Trading News, Index Futures, Indices, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Letter Issue # 1077

Dear Traders,

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Trading 201: Adjust your Trading with Volatility

Unemployment report along with Omicron along with an already “very spicy markets” encouraged me to share some of the following pointers.
Hope it helps.
*While I have no idea were the market is going from day to day, minute to minute, week to week etc. I do know that in the past, some of the sharpest and largest rallies were short covering after a large sell off. More often than not market sell offs and volatility like we are seeing do not end up as V type of action but more like U or W when it is all said and done.
*Expect the unexpected…
* Have an idea of what you are looking to do, keep in mind possible risk and have a game plan. Now more than ever, plan your trade and than trade your plan!
* Think money management, hedging risk while you are still trying to figure out how to profit.
* Know what is going on, reports, current margins, current limits and more.
  • Consider short term options instead of futures and/or MICROS
*Trade smaller. The bands are much larger. Watch the VIX.
* DO NOT assume anything…if you are not sure, contact us and we will try our best to assist with the combined, vast experience we have here as a team.
* Wash hands, take this seriously and do your best to stay healthy….
My colleague, John Thorpe, Ex floor broker, contributed the following on the VIX and the VVIX:
We recommend all stock indices intraday traders to keep an eye on the VIX for directional clues and study, many of you have access through other means to view this critical trading barometer, VIX now trades 5 days per week ,23 hours per day. if you need to add the VIX data to your trading platforms , it’s 3 bucks per month, penny wise and pound foolish if you don’t. Contact your broker on how to add the Volatility Index traded through the CBOE to your trading platform

Good 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 when it comes to Futures Trading.

 

Futures Trading Levels

12.05.2021

Futures Trading Support & Resistance Levels 12.05.2021

 

Weekly Levels

Futures Trading Support & Resistance Weekly Levels

 

Reports, First Notice (FN), Last trading (LT) Days for the Week:

https://mrci.com

Date Reports/Expiration Notice Dates

MRCI Reports

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


Volatility Returns to Stock Index Futures – Levels & reports for August 5th

August 4th, 2014 Filed under Financial Futures, Future Trading News, Futures Trading, Index Futures | Comment (0)

Hello Traders,

For 2014 I would like to wish all of you discipline and patience in your trading!

As I do from time to time, I like to share resources I feel are worthy of exploring, such is the one below by www.factset.com :

Overview:

  • US equities came under pressure this week as the S&P 500 suffered its biggest weekly pullback in over two years. Despite the magnitude of the move, there was not an overriding theme that captured the price action.
  • Widely cited headwinds included Fed angst, geopolitical tensions, disappointing earnings, the latest flare-up on the Eurozone periphery, the slowdown in the housing recovery, Argentina’s default, fatigue, technical and continued worries about stretched valuations and crowded trades.
  • However, there were notable pockets of reprieve surrounding some of these concerns, particularly when it came to monetary policy and earnings. In addition, geopolitics has not proved to be a sustainable directional driver, while the tipping point search has been in play for a while.
  • While largely on the backburner, there were some positive dynamics at work this week. The pickup in strategic M&A activity continued, while there more signs of stabilization in China, where the Shanghai Composite bucked the sell off in global equities with a nearly 3% rally.
  • There did not seem to be any great signals from the sector performance this week with the broad-based nature of the risk-off trade and company-specific takeaways from a very busy week of earnings. Energy and industrials put in the worst performance, while telecom held up the best.

Fed angst finds some reprieve:

  • Worries about the Fed being behind the curve and the potential for an earlier and more aggressive start to the policy normalization process continued to get a lot of attention as a source of market angst this week. There were two particular areas of focus. One was the 4% growth in Q2 GDP, which was a full point ahead of the consensus. The other was the 0.7% increase in the Q2 employment cost index (ECI), which was ahead of the 0.5% consensus and marked the fast growth in six years. The hotter ECI print was of particular interest because it followed on the heels of an FOMC statement that hedged an upgrade of the assessment of the labor market by noting that a range of indicators suggest a significant underutilization of labor resources. However, there was some reprieve late in the week as average hourly earnings were flat in July, leaving them up just 2.0% y/y. This compared to expectations for a 0.2% m/m and 2.2% y/y increase. In addition, while a sixth straight month of nonfarm payrolls growth above 200K kept the recovery traction theme in focus, the 209K was slightly below expectations and not robust enough to impact liftoff expectations. Finally, despite the hype surrounding Fed fears, yields in the front and belly of the curve were actually lower on the week.

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Futures Market Volatility News 4.29.2014

April 28th, 2014 Filed under Commodity Trading, Future Trading News, Futures Trading | Comment (0)

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1. Market Commentary
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3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Tuesday April 29, 2014

Hello Traders,

For 2014 I would like to wish all of you discipline and patience in your trading!

TradeTheNews.com Weekly Market Update: Russia Menaces Ukraine, Squelches Earnings Enthusiasm

Fri, 25 Apr 2014 16:08 PM EST- US equity markets bounced erratically between earnings enthusiasm and Ukraine-induced fear this week in a low-volume, post-Easter holiday environment. Strong quarterly results from major tech names and Dow components helped push indices higher, with Apple and Facebook the particular standouts. In addition, several huge merger deals in the pharmaceutical space also helped risk appetite. But the steady deterioration in the Ukraine situation dragged things lower and the continuing rotation out of momentum names whipped around the Nasdaq all week. For the week, the DJIA is down 0.3%, the S&P500 is off 0.1% and the Nasdaq fell 0.5%.

– The Ukraine crisis deepened this week as Kiev pressed its “anti-terrorist” operations in Eastern Ukraine and Russia conducted “military exercises” along the border. At one point, Russian armor was said to have moved in force to within one kilometer of the border, inspiring real fears that the invasion was imminent. Russia President Putin called the use force against pro-Russian forces in Ukraine “a crime” that will have consequences, while Russia’s UN ambassador went as far as invoking a nation’s right to self-defense under the UN charter as a justification for potential direct intervention in Ukraine. Officials in Kiev warned that any Russian incursions would be met directly with military force, while the Western powers convened on Friday to discuss arranging possible sanctions on the broader Russian economy.

– New home sales in the US tumbled to eight-month low in March, dropping 14.5% y/y. However the January and February totals were revised up 3% and 2%, respectively. Affordability is likely becoming a big factor for the market: the median new home price rose to a record high of $290K, up 13% y/y.

– Front month WTI crude lost over 3% this week, dropping from nearly $104 to just above $100 on profit taking. Concerns about further builds in US crude oil inventories overshadowed tensions between Russia and Ukraine. Last Wednesday, the EIA weekly report showed that US crude inventories were only 3.4 million barrels below the peak reached in May 2013. This week’s EIA report pushed US crude oil inventories above the 2013 high to 397.7 million barrels, levels not seen in 80 years.

– Excellent earnings from Apple, Facebook and Netflix could not save the Nasdaq from Amazon and the continuing rotation out of hot tech stocks this week. Both Facebook and Apple beat earnings and revenue targets, while Apple crushed expectations for iPhone shipments and boosted capital returns to shareholders. Facebook saw solid gains in user metrics and an 82% y/y gain in advertising revenue. Netflix sustained decent metrics and met expectations. Apple sustained 8% gains on the week, while gains in FB and NFLX evaporated rapidly. Amazon dropped 5% on the week after operating income shrank y/y and the firm’s second quarter revenue guidance fell short of consensus expectations. Microsoft offered solidly in-line, vanilla results.

– Results from the big US automakers were hampered, like everything else, by bad weather, although there were some self-inflicted wounds as well. General Motors beat earnings forecasts, despite a big decline in profits due to its recent recalls. Ford’s first quarter profit was down from the same period last year and missed expectations. Caterpillar posted a quarterly profit that topped analysts estimates and raised its full-year outlook on a stronger-than-expected rebound in sales in the construction industry.

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