Market News
Grain Spreads: Beans Hit 50% Retracement
Walsh TradingWed Apr 24, 5:15PM CDT
Beans Hit Target and Fail for Now
Crude Oil Volatility with Geopolitical Events
OptionMetricsWed Apr 24, 4:56PM CDT
How might geopolitical event affect crude oil and other commodities? Since implied volatility is a measure of future uncertainty and anxiety, it can be used to help to understand the long term effects of geopolitical events on the market, both current, and for months in the future (using the implied volatility forward curve). The shape of the curve, as well how much it has shifted, can then imply how seriously the market might be taking each geopolitical event.
Shootin' the Bull about a lot to consider
Swift Trading CompanyWed Apr 24, 3:03PM CDT
No rest for the weary in this market. Nellie is nervous and with the continual issues of the bird flu being examined, there is likely to be more restraints placed until we can get a handle on this issue.
Egypt's Wheat Imports Expected to Rise as Economy Stabilizes: USDA
HedderWed Apr 24, 10:00AM CDT
Egypt's wheat imports are forecast to climb in the 2024/25 marketing year as the country's economy stabilizes and access to foreign currency improves, according to a report by the Foreign Agricultural Service of the US Department of Agriculture (USDA) released on Tuesday.
High Gas Inventory Levels Point to Easing Market Fundamentals: IEA
HedderWed Apr 24, 9:10AM CDT
Following a mild winter with subdued demand, gas storage facilities in both the European Union and the United States have concluded the 2023/24 heating season with inventory levels significantly exceeding their five-year averages.
IEA Forecasts 2.3% Growth in Global Gas Demand, Driven by Asian Markets
HedderWed Apr 24, 8:53AM CDT
Following a period of relative stability in natural gas markets during the mild 2023/24 winter, the International Energy Agency (IEA) predicts a 2.3% increase in global gas demand for 2024. This growth will be primarily driven by the expanding economies of Asia, with industrial and residential/commercial sectors leading the demand surge.
Three Ways to Transition Into E-mini S&P 500 Equal Weight Futures
CME GroupWed Apr 24, 8:12AM CDT
Explore three strategies traders can use to transition existing positions in Equity Index markets into S&P 500 Equal Weight futures.
$YM_F Dow Futures Reacting Higher After Double Correction Lower
Elliott Wave ForecastWed Apr 24, 7:36AM CDT
This technical blog will look at the past performance of the 4-hour Elliott Wave Charts of Dow futures ticker symbol: $YM_F.
Elliott Wave Calling for FTSE to Extend Higher
Elliott Wave ForecastWed Apr 24, 7:25AM CDT
Short Term Elliott Wave view on FTSE suggests that rally from 8.18.2023 low is unfolding as a 5 waves impulse. Up from 8.18.2023 low, wave 1 ended at 7745.82 and pullback in wave 2 ended at 7279.86. Up from there, wave ((i)) ended at 7764.37 and wave ((ii)) pullback ended at 7404.08.
AUDNZD Pair Is Approaching Resistance, While Finishing A Correction
WavetradersWed Apr 24, 1:48AM CDT
AUDNZD Pair Is Approaching Resistance, While Finishing A Correction from technical perspective and by Elliott wave theory.
Behind the Renewed Interest in Lumber Markets
CME GroupWed Apr 24, 12:12AM CDT
Limited supply and rising demand for lumber are increasing participation in CME Group Lumber futures. Following a record wildfire season in Canada in 2023 and lower European imports, market participants with exposure to physical lumber prices are showing record interest in futures.
Shootin' the Bull about getting full
Swift Trading CompanyTue Apr 23, 5:55PM CDT
Futures traders were quick to relinquish their buying today. I think that when you delve inside the business, you'll find that importers are no longer chasing the bid for imported inventory.
Wheat Bottom Came Right At A 78.6% Fibonacci Retracement, 50 Cent Rally Follows
ONE44 AnalyticsTue Apr 23, 5:51PM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis
IGV play as a proxy for MSFT earnings
Archna TradesTue Apr 23, 11:59AM CDT
IGV is a software internet ETF. Using this ETF, I can play MSFT earnings without risking a lot.