Crude Oil Tumbles ahead of FOMC Day as Traders Fear QE3

————————————————————————————— The James’ Report:  Professional Resources for Professional Traders ————————————————————————————— – FOMC decision later today: Traders wonder if the Fed will go ahead with QE3??? – China inflation comes hot at +6.5%, highest since 2008 – Hang Seng, FTSE 100Index enter bear market territory – ECB back in buying Spanish & Italian gov’t bonds – […]

Almost never made our goal today, use this strategy tomorrow

Monday’s during the months of July and August are expected to be a slower start for the same reasons you and I want to sleep in a little longer after a summer weekend as well.  So we don’t see the early morning volume and often we wait until after 930am to take our first trade. […]

Trade the News Market Internals Update at 15:30ET

DJIA -335 S&P500 -47 Nasdaq -93 ***Economic Data*** – (BR) Brazil July FGV Inflation IGP-DI: -0.1% v 0.0%e – (CL) Chile July CPI M/M: 0.1% v 0.2%e; Y/Y: 2.9% v 2.9%e; CPI Ex Perishables & Fuel M/M: 0.2% v 0.2%e – (CL) Chile July Trade Balance: $1.2B v $1.3Be – (CL) Chile July Copper Exports: […]

Ignore the News, trade the Reaction to News

To Use the News or Not to Use the News? This morning we knew there was news @ 830am, so we know that we need to avoid trading from 825-835 and then use the market reaction to the news to make educated decisions. I ‘traded the news’ by simply knowing when the news was coming […]

US Downgrade sends Gold throught he Roof and Crude Oil hits the Floor

————————————————————————————— The James’ Report:  Professional Resources for Professional Traders ————————————————————————————— – The US Entering the era of the “US of AA+” as its credit rating is downgraded – Dealers note the S&P downgrades of the US was probably has more political fallout than economic  – G20 affirms commitment to take necessary initiatives to support financial […]

Another weekly wrap with our Favorite Grandpa-Jim

Equities tumble and bring Crude Oil demand down along with it!

Oil prices slumped on New York and London markets Aug. 4 upon concerns about the global economy, fueled by a combination of the European Central Bank’s resuming bond purchases and diving US stock values. European leaders face a widening debt crisis that started in Greece and spread to Italy and Spain. Analysts report rising concerns […]

Does WallStreet see a double-dip?

WALL STREET is betting on a double-dip recession. All financial-market signs now point to a return to economic contraction. The S&P 500 has dropped 9% in two weeks. American government borrowing costs are plummeting, which could conceivably be construed as a result of increased confidence in America’s finances in the wake of the debt-ceiling deal, […]

Trade the News Market Internals update at 12:00ET

Dow -73 S&P -9.8 NASDAQ -31 ***Economic Data*** – (CA) Canada July Net Change in Employment: 7.1K v 15.0Ke; Unemployment Rate: 7.2% v 7.4%e – (BR) Brazil July IBGE Inflation IPCA M/M: 0.2% v 0.2%e; Y/Y: 6.9% v 6.9%e – (PD) Poland Official Reserves: $106.7B v $109.1B prior – (US) July Change in Nonfarm Payrolls: […]

Trade any market you choose with this Simple Strategy

Changing your trading style to fit other markets. This trading method will work for Swing Traders, Day traders, scalpers, anything will work. This method works on ANY other market you want to use it with? ·         ES…Yes! ·         Euro….Yes! ·         Corn/Wheat….Yes! ·         YM….Yes! ·         Bonds / Notes…Yes! ·         FDAX/FESX….Yes! ·         Hang Seng ·         Kospi The […]