Archive

Monthly Archives: October 2011

October 17, 2011

Trade the News Market Internals Update at 12:00ET

Dow -132 S&P -13.5 NASDAQ -27 ***Economic Data*** – (BR) Brazil Central Bank Weekly Economists Survey: 2011 GDP growth at 3.42% v 3.50% prior – (CA) Canada Aug Int’l Securities Transactions: C$7.9B v C$10.0Be – (US) Oct Empire Manufacturing: -8.5 v -4.0e – (US) Sept Industrial Production: 0.2% v 0.2%e; Capacity Utilization: 77.4% v 77.5%e […]

Continue reading
October 17, 2011

day traders look for manufacturing and industrial production to get crude oil futures moving this morning

————————————————————————————— The James’ Report:  Professional Resources for Professional Traders ————————————————————————————— – Crude oil futures are trading with a very interesting price structure this morning, with a large GAP Up over the weekend, Bullish price channel, Price wedge and an outside day.  The GAP over the weekend from the G20 Summit Reports has given this market […]

Continue reading
October 14, 2011

Retails Sales Expected to Move Markets Early this morning, G20 Summit Begins

————————————————————————————— The James’ Report:  Professional Resources for Professional Traders ————————————————————————————— – crude oil futures trading inside the range from Thursday, and it recently failed at the PHOD which is a strong bearish clue this morning.  We are inside a price wedge with sideways ranges giving us support below and resistance overhead.  If price moves higher […]

Continue reading