Emini FuturesCast / The Daily Pod 09/22/11
Live Emini Trading Room Results
dtPro Chart Class / Rescheduled for Monday October 3rd
Our dtPro Chart Class has been rescheduled for Monday October 3rd, 2011. If you have already registered you do not need to sign up again. If you do wish to sign up, send an email to education@cfrn.net with "sign me up" in the subject line.
Emini FuturesCast / The Daily Pod 09/21/11
Fed Day Fallout - We cautioned you last night about playing outside on Fed Day. It was ok, then it was quiet, then it was late, then it snarled, then it dropped and then it really got ugly. And then it got bad.
We busted out the bottom of the Weekly Trading Zones so we are Free Falling on the overnight. If the Europeans can climb this wall of worry and get us back over 1168 before Wall Street wakes up we could see a turn around Thursday. Just in case, carry an umbrella... the sky really might be falling.
FOMC Day / High Volatility Alert
As previously announced there was a live broadcast today but since I was out of the studio we were unable to produce our regular Emini Podcast. We will broadcast and record tomorrow.
FOMC DAYFed Funds Rate is a short-term rate objective of the Federal Reserve Board. The actual Fed Funds Rate is the interest rate at which depository institutions lend balances at the Federal Reserve to other depository institutions overnight. The real rate changes daily but is usually close to the target rate desired by the Federal Reserve. Adjustments to the Federal Funds Target Rate are made by the Federal Open Market Committee (FOMC) usually at regularly scheduled meetings; but can also be adjusted at any time with an emergency meeting. The rates reported below are based upon the Fed Funds Target Rates on the first day of each respective month. We report the Target Rate. The Effective Fed Funds Rate (Market Rate) can be found here.
Emini FuturesCast / The Daily Pod 09/19/11
E-Mini S&P 500: A proliferation of contagion?
At the risk of sounding redundant, the day was constrained by fear of default by Greece! The first part of the day was bracing for a potential default and later, the slight relief rally came as Greece’s Finance Ministry stated that they were near an accord with their international lenders to continue to receive bailout funds. Athens was encouraged to decrease its public sector and step up on tax collection. Finance Minister Evangelos Venizelos reported a “productive and substantive” dialect with the leaders of the European Union and the International Monetary Fund. Without the secured loans, the Greek nation would perhaps run out of funding by mid-October. It would in a sense be like a house of cards. Italy may for example hold Greek bonds and fall prey to the effects of a potential default. A larger economy may lead to further weakness in the Euro Zone,....
Emini FuturesCast / The Daily Pod 09/16/11
Live Trading Room Results
New Training Class starts Monday. Make sure you have your charts and indicators installed before the opening bell. If you need assistance call 415-857-5654 or email tech@cfrn.net. Get Started Now