Cannon Futures Weekly Newsletter Issue # 1177
Join our private Facebook group for additional insight into trading and the futures markets!
In this issue:
- Important Notices
- Trading Alerts Via Email
- Broker’s Trading System of the Week – Mini Nasdaq Day Trading System
- Trading Levels for Next Week
- Trading Reports for Next Week
-
Important Notices
-
- We are not seeing any Fed Speakers on the Calendar for next week, this could change.
- Volatility should be a feature mid to late week
- Wholesale trade (Wed), CPI (Thur), jobless claims(Thur), PPI (Fri) All@ 7:30 a.m. CST
- Over 1 Trillion $$ in Market Cap report Q4 ’23 earnings on Friday the 15th.
- Those reporting: JPM(Chase), UNH (United Healthcare), BAC (Bank of America), WFC (Wells Fargo), C (Citibank), BLK (BlackRock)
- In the Ag sector, what is touted as “the biggest USDA data dump of the year, presenting the opportunity for the most market-moving surprises” by Arlan Suderman StoneX lead Ag analyst.
- USDA Supply/Demand and Annual Crop production numbers to be released @11:00 a.m. CST
-
-
Real Time Email Alerts
Directly to your Phone!
- You will receive an email each time there is an entry or exit in a simple language along with the current price for that specific market.
- A licensed series 3 broker at your fingertips
- Email alerts available to US and Canada and Int’l clients
- Alerts available for: Stock Indices, Grains, Metals, Rates, Currencies, Meats & Softs
- Open an account* and receive the Trade Alerts free for 3 months ($357 value)
- See an example of a recent trade alert for Gold Futures in the image below
-
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.
PRODUCT
Mini NASDAQ 100
SYSTEM TYPE
Intraday
Recommended Cannon Trading Starting Capital
$20,000.00
COST
USD 50 / monthly
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.
Sign Up for a Free Personalized Consultation with a Broker from Cannon Trading Company
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.
-
Trading Levels for Next Week
Daily Levels for January 8th, 2024
Trading Reports for Next Week
- click above for a LIVE demo, streaming prices
First Notice (FN), Last trading (LT) Days for the Week: www.mrci.com
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.
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.