Archive for July, 2009

Commodity News Digest

By Paul Nowak • Jul 31st, 2009 • Category: Commodity News Digest

GDP Contracts 1% in Q2 - Reuters
Why Investors Should Ignore GDP - RealClearMarkets
Government Revises GDP Growth for the Last 70 Years - Crossing Wall Street
Cash for Clunkers Out of Cash - Wall Street Journal
Government Adds $2B for Clunkers Plan - Bloomberg
CFTC’s Gensler Determined to Act - Reuters
U.S. Housing Turning Corner - New York Times
Home Prices [...]



Is the Recession Worse Than We Thought?

By Paul Nowak • Jul 31st, 2009 • Category: Market Updates

GDP Has Fallen Four Straight Quarters

The Commerce Department reported on Friday, July 31, that the U.S. economy contracted at a 1.0 percent annual rate in the second quarter. U.S. GDP, which measures total goods and services output within U.S. borders, has fallen for four straight quarters for the first time since government records started in [...]



Commodity News Digest

By Kristina Zurla Landgraf • Jul 30th, 2009 • Category: Commodity News Digest

U.S. Gold Closes Strong as Dollar Drops, Oil Rallies - Reuters
Earnings Drive Wall St. Rally, Jobless Claims Help - Reuters
Crude Jumps More Than 5 Pct on Economic Hope - Reuters
Oil Giants Hit Hard by Recession - MarketWatch
Treasurys Gain After 7-Year Auction - MarketWatch
Commodities Soar as Investors’ Risk-Appetite Grows - AP
Sugar Extends Rally to Three-Year High as [...]



An Early Fall for S&P 500, Dow and Nasdaq

By Kristina Zurla Landgraf • Jul 30th, 2009 • Category: Broker Commentary, Market Updates

An Early Fall for the S&P 500, Dow and Nasdaq
by John Caruso
The stock market has staged an impressive rally over the past 14 trading sessions.  Could it be due to the fact that earnings season is upon us, or maybe the impressive leap in the housing market data over the past month? You be the [...]



Commodity News Digest

By Kristina Zurla Landgraf • Jul 29th, 2009 • Category: Commodity News Digest

Demand Fears Rattle Markets - WSJ
CFTC Chief Gains Support for Oil Trading Curbs - WSJ
Commodities Sell Off Amid “Perfect Storm - MarketWatch
Oil Futures Fall Nearly 6% as Crude Supplies Surge - MarketWatch
Gold Back on the Dollar Seasaw - Mineweb
China - The Gorilla of Commodities Demand - Mineweb
How do You Say “Bubble” in Mandarin? - CNNMoney
Durable [...]



When Trading Futures, What’s “Priced in?”

By Kristina Zurla Landgraf • Jul 29th, 2009 • Category: Broker Commentary, Educational

When Trading Futures, What’s Priced in?
by Matt Krupski
When trading futures, it is important to ask yourself the question of: “What’s priced in?” The concept of something being “priced in” refers to the fact that prices for futures do not reflect only current economic realities, but the expectation of market conditions at some point in the [...]



Think it’s Time for a Correction? Consider an S&P Calendar Spread

By Kristina Zurla Landgraf • Jul 29th, 2009 • Category: Broker Commentary, Market Updates

The S&P Calendar Spread
by Mike Sabo
Many people are familiar with options strategies such as bull call spreads or bear put spreads, but I’d like to discuss the use of a calendar options spread to take advantage of a potential pullback in the S&P 500. The stock market has undergone a significant rally, and although I’d [...]



Commodity News Digest

By Kristina Zurla Landgraf • Jul 28th, 2009 • Category: Commodity News Digest

Drop in Consumer Confidence Weighs on Commodities - AP/Cattlenetwork
Attitudes on Risk Put Dollar on Heels - WSJ
India, Brazil Worries Lift Sugar - WSJ
Oil Futures Fall as BP Sees Little Evidence of Demand Growth - MarketWatch
Platinum to Rise 16% as Car Sales ‘Whammy’ Ends - Bloomberg
Aluminum Heads for Longest Gain in at Least 22 Years on [...]



CFTC Testimony on Speculation, Position Limits Begins

By Kristina Zurla Landgraf • Jul 28th, 2009 • Category: Market Updates, Trader Viewpoints

Three days of CFTC hearings are underway on the topic of speculation in the futures markets, and the impact on market pricing.
“This hearing is an opportunity to determine how speculative position limits could be used to address excessive speculation, not how we can eliminate speculation,” said CFTC Chairman Gary Gensler, adding that the CFTC “must [...]



Commodity News Digest

By Kristina Zurla Landgraf • Jul 27th, 2009 • Category: Commodity News Digest

U.S. New Home Sales Rise Sharply in June - Reuters
World Oil Demand to Rise in 2010, Supply Still High - Reuters
CFTC To Tackle Position Limits, Exemptions - Reuters
Dollar Trades Near 2009 Low as Economy Reduces Refuge Demand - Bloomberg
Platinum May Rise to $1,500 on Supply Disruptions, Merrill Says - Bloomberg
Oil Rises for 9th Day, Gasoline [...]