Category Archives for "Uncategorized"

October 18, 2011

Trade the News US Market Update

Dow +28 S&P +5.3 NASDAQ +4.4 ***Economic Data*** – (US) ICSC/GS weekly chain store sales w/e Oct 15th: +0.1% w/w; +3.6% y/y – (PD) Poland Sept Employment M/M: -0.1% v 0.0%e; Y/Y: 2.8% v 2.9%e – (PD) Poland Sept Avg Gross Wages M/M: -0.3% v 0.0%e; Y/Y: 5.2% v 5.5%e – (US) Sept Producer Price […]

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October 18, 2011

Day Traders waiting for Big Ben and his Long Term Outlook for our Global Economy

————————————————————————————— The James’ Report:  Professional Resources for Professional Traders ————————————————————————————— – the dollar index is finally breaking the overhead resistance that prevented the move higher on Monday resulting in the potential selloff we were expecting on Crude, Russell, euro currency futures, and gold futures.  Now the DOLLAR INDEX is breaking new higher-highs and we can […]

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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 […]

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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 […]

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