Category Archives for "Uncategorized"

February 28, 2011

Pending Home Sales index

Definition.. -The National Association of Realtors developed the pending home sales index as a leading indicator of housing activity. As such, it is a leading indicator of existing home sales, not new home sales. A pending sale is one in which a contract was signed, but not yet closed. It usually takes four to six […]

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February 25, 2011

US Market Up-Date

***Economic Data*** – (GE) Germany Feb Preliminary Consumer Price Index M/M: 0.5% v 0.5%e; Y/Y: 2.0% v 2.1%e – (GE) Germany Feb Preliminary CPI EU Harmonized M/M:0.6 % v 0.5%; Y/Y: 2.2% v 2.1%e – (GE) Germany Feb CPI Baden Wuerttemberg M/M: +0.5 v -0.4% prior; Y/Y: 2.4 v 2.1% prior – (BR) Brazil Primary […]

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February 25, 2011

Difference between Forex and Futures Day Trading

Futures vs. Forex –          Forex trades 24/5 it never closes b/c there is NO REAL MARKET, its called synthetic –          Futures trades deal direct to the market in real time.  –          45 minutes a day the market is closed for EVERYONE (pit and electronic), for maintenance on the servers. –          Tax advantages are HUGE for […]

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February 24, 2011

Day Trading the news with Crude Oil, Gold, Euro and Russell Futures

830am EST –          Durable goods come out much lower than expected without the auto industry, lets see how the market reacts to this –          Jobless claims come out flat, as expected –          Remember these news events are juggled around for Thursday because of the holiday on Monday 835am est –          We check the dollar index […]

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February 24, 2011

US Market Up-Date

***Economic Data*** – (BR) Brazil Jan Unemployment Rate: 6.1% v 6.0%e – (BR) Brazil Jan Total Outstanding Loans (BRL): 1.7T v 1.7T prior; Private Banks Lending: 993.0B v 987B prior – (US) Jan Chicago Fed National Activity Index: -0.16 v 0.09e – (US) Initial Jobless Claims: 391K v 405Ke; Continuing Claims: 3.790M v 3.880Me – […]

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