Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Market is acting a bit funny….reason i am saying that is that we are trading at relatively HIGH prices, over 52 weeks highs, yet the volatility is at a very low level….
What i have noticed over the years is the wave pattern of volatility….from extremely high volatility to extremely low volatility and goes again….so now the question is when is the next wave of higher volatility starts?
Have a great weekend, successful trading week ahead ( only 4 trading days next week, with Thursday packed with economic numbers).
I will be out of the office until Jan. 3rd but you will receive levels and reports published by colleague here at cannon.
happy Holidays and great trading in 2011!
Economics Report Source: http://www.forexfactory.com/calendar.php
Monday, December 20, 2010
Treasury Currency Report
Wednesday, December 22, 2010
Final GDP q/q
Final GDP Price Index q/q
Existing Home Sales
Crude Oil Inventories
Thursday, December 23, 2010
Core Durable Goods Orders m/m
Core PCE Price Index m/m
Durable Goods Orders m/m
Personal Spending m/m
Personal Income m/m
Revised UoM Consumer Sentiment
Revised UoM Inflation Expectations
New Home Sales
Natural Gas Storage
Friday, December 24, 2010
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Company, 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!