Archive for August, 2008

Daily News Digest

By Kristina Zurla Landgraf • Aug 29th, 2008 • Category: Commodity News Digest

U.S. Economy: Spending Slows, Inflation Accelerates - Bloomberg
Coffee Rises on Concern Storm to Damage Supplies in New Orleans - Bloomberg
Wheat Heads for Biggest Weekly Drop Since March on Bigger Crops - Bloomberg
September: The Horror Story. Does it Deserve its Reputation of Being Bad for Stocks? - MarketWatch
Gold Ends Slightly Lower…Biggest Monthly Loss in 25 Years [...]



Labor Day Holiday Trading Schedule

By Kristina Zurla Landgraf • Aug 29th, 2008 • Category: Market Updates

What follows is a consolidated schedule for trading on some of the most popular North American futures markets for the Labor Day 2008 holiday, including early closes on Friday, August 29. All times are CST (Chicago time). The schedule is taken from sources that Lind-Waldock believes are accurate and are subject to [...]



Theme of the Day: Thin and Choppy Markets

By Kristina Zurla Landgraf • Aug 29th, 2008 • Category: Broker Commentary, Market Updates

S&P futures were down in early trade a worse-than-expected corporate earnings report from Dell, an uptick in oil prices, and a report showing personal spending in July dropped from June’s pace. The Commerce Department reported a 0.2 percent rise in consumer spending, slower than the 0.6 percent increase in June. Personal income fell 0.7 percent [...]



Daily News Digest

By Kristina Zurla Landgraf • Aug 28th, 2008 • Category: Commodity News Digest

Best Farm Economy Since 1970s Comes With Expense Risks - Bloomberg
European Retail Sales Fall for Third Month - Bloomberg
Bernanke, Aiming to Curb Market Risks, Met NYSE, CME Chiefs - Bloomberg
Fed May be Pressed for More Liquidity Steps - Reuters
U.S. Economy Shows Vigor in Q2, But May be Flagging - Reuters
Freezer Prices Climb as Food Prices [...]



Daily News Digest

By Paul Nowak • Aug 27th, 2008 • Category: Commodity News Digest

Oil Rises Above $117 as Gustav Threatens Gulf - RealClearMarkets
Dollar on the Rise, For Now - Financial Times
Record Drop for Home Prices - RealClearMarkets
Credit Crunch Deeper and Wider - BusinessWeek
FDIC: 117 Troubled Banks - RealClearMarkets
Don’t Believe the Fed Hike Hype - TechTicker/Yahoo Finance
Durable Goods Post Strong Increases in June/July - AP/Yahoo Finance
Why Fannie & Freddie [...]



Month-End Window Dressing in S&P?

By Kristina Zurla Landgraf • Aug 27th, 2008 • Category: Broker Commentary, Market Updates

The latest fundamental reports are indicating the U.S. economy is getting perhaps little stronger, giving a boost to stock index futures in early trade. The Commerce Department reported U.S. durable goods orders rose 1.3 percent in July, higher than analysts had expected. September S&P futures were last trading at 1271.50.
Senior Market Strategist Jeff Friedman said [...]



Why Sugar Isn’t Following Other Commodities

By Paul Nowak • Aug 26th, 2008 • Category: Webinars

By Frank D. Cholly
The U.S. dollar’s rally, which started in mid-July and has continued through August, has led many commodities lower in the past few weeks. However, there is one unique commodity that hasn’t fallen with the rest, and that commodity is sugar. Read mor or watch the video below.

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Daily News Digest

By Kristina Zurla Landgraf • Aug 26th, 2008 • Category: Commodity News Digest

Fed Officials Agree Next Rate Move Will Be Increase - Bloomberg
Dollar Rises to Six-Month High on Bets Global Economy Slowing - Bloomberg
Consumer Confidence Bounces - Reuters
Fannie, Freddie Capital Can Absorb Losses: Report - Reuters
Corn Falls Into Third Day as Dollar Strengthens - MarketWatch
Housing Hasn’t Bottomed Yet, Don’t Bother Chilling the Champagne - MarketWatch
Oil Prices Rise [...]



Daily News Digest

By Kristina Zurla Landgraf • Aug 25th, 2008 • Category: Commodity News Digest

Will U.S. Follow Up Japan into a Decade of Stagnation - The Economist
Markets Stuck in a Vortex of Volatility - The New Yorker
It’s Deflation, Stupid - RealClearMarkets
Recessions are Good for the Economy - Telegraph
U.S. Treasuries Climb on Concern Credit-Market Turmoil Widening - Bloomberg
U.S. Economy: Home Resales Rose More than Forecast - Bloomberg
Gold Falls on Speculation [...]



Thirsty Corn Setting up For Bounce

By Kristina Zurla Landgraf • Aug 25th, 2008 • Category: Broker Commentary, Market Updates

Thirsty Corn Setting up For Bounce
By Phil Streible
Corn futures are ticking higher this morning, as a late start to planting and dry August weather could be setting up for a fall bounce. From a technical point of view, the chart pattern looks set up for a move above the 50-day moving average, which should put [...]