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May 8, 2011 at 12:38 AM Please feel free to share this. "My wife has Ninja and within two hours of experimenting with dtPro demo this morning it is night and day difference versus Ninja. dtPro is so intuitive and offers so many more features. My weekend will be watching the many video tutorials."
Allen
learn to trade, sp emini May 5, 2011 at 6:39 PM E-Mini S&P 500: A few snags and the market sags!
The E-Mini S&P 500 has hit a few snags as current reports do not support a strong economic recovery! The allocations clearly seem to go back into the Treasuries and the US Dollar. The stronger US Dollar may be partially attributed to our Federal Government not showing any signs of printing a floating more dollars any time soon. The Euro FX had sold off against the dollar today as ECB President Jean Claude Trichet has not introduced any rate hikes for the near term. The stronger dollar pressured the tangible commodity markets and the liquidation snowballed on many to almost historically noted sell-offs. To add to the mix, the Initial Jobless claims came out with an increase of 43,000 claims for jobless benefits to 474,000. This is the highest that we have seen since August.
learn to trade emini, sp emini May 5, 2011 at 12:08 AM Today we cover all the markets in just 1 hour and 18 minutes. I then rambled on for at least another half hour about something. Keep those cards and letters coming. I found the link to the interview from last year with Michael X. He is our friend who trades in size most of us can't imagine. He's a low key genuinely nice guy. He will be back to chat next week and answer questions, but in the meantime - read the article I wrote last year and then listen to our interview from last August. Michael will be back with us next week. I'll let you know which day as soon as we confirm.
TraderX, learn to trade emini, sp emini May 4, 2011 at 10:23 PM E-Mini S&P 500: The neckline is revisited!
The E-Mini S&P 500 seems to be revisiting the neckline of our previous head and shoulders formation! $1341.00 is about 38 % of a retracement. The chart is temporarily still in a buy mode, but a potential sell mode may be anticipated. This week is all about the jobs, now that the announcement of the raid on terrorist leader Osama Bin Laden is behind us. It still remains to be seen as to the details of the raid. Today, the ISM Non-manufacturing Index fell to 52.8 last month from March’s 57.3, below analysts’ expectations. We needed 50 to show growth. Applied Materials Inc., a chip equipment maker, is offering to buy Varian Semiconductor Equipment Associates Inc. for $53 per share to upgrade their technology. Varian shares were up 51 % while Applied Materials slipped 1.1%. ConAgra Foods Inc. upped their offer to buy Ralcorp Holdings Inc.
learn to trade emini, sp emini May 3, 2011 at 5:45 PM E-Mini S&P 500: Will we return to prices of 10 years ago?
The onslaught of news that Osama Bin Laden has finally been neutralized takes me back to May of 2001and does the market cycle? Well the high of May 2001 was $1335.00 and from the E-Mini S&P 500 chart of today, we may be heading back to that zone. Hopefully, we will not have any other repeated occurrences of that year. Today, the US March Factory Orders were up +3.0 % showing a more healthy recovery as this was the fifth straight month reflecting an increase. The increases in the Crude Oil actually had more of a positive note in our earnings reports as US Automakers, GM and Ford Motors have increased sales due to sales of fuel efficient cars. Other earnings reports due out later by Toyota and some Japanese Car makers may not bode as well with the earthquake in Japan having impeded the production of parts. Earnings reports were mixed today as MasterCard Inc.
learn to trade emini, sp emini May 2, 2011 at 11:00 PM You've been listening to our programming for a while now and we want to hear from you. Not an email. We actually want to hear from you!
learn to trade emini, sp emini May 2, 2011 at 5:29 PM WARNING: This podcast contains language that has absolutely nothing to do with Wall Street, the financial markets or the practice of trading. However, after de-constructing the long form and burying the dead (at sea) we do touch briefly on the S&P, Gold, Silver, Wheat, Soybeans, T-Bills and the Euro. Go figure...
sp emini May 2, 2011 at 5:09 PM Or Is He?
S&P 500 Emini: The E-Mini S&P 500 had a spike last evening on the news of a dispatched leading terrorist “Osama Bin Laden” by US Forces, who has been known for such attacks as 911. The market took the news as a positive for the US Government. President Barrack Obama had a boost for his next political campaign. Some Americans may be skeptical as no US Government pictures, videos or body have been released. It was said that the body of the deceased had been buried at sea. It is the demise of one terrorist that created our rally last evening and even as it was short-lived, one terrorist at a time may still help investor sentiment. President Obama may re-structure the US involvement within the Middle East with this last deployment. It is likely that we will be seeking to unite all people in peace to combat any adverse thoughts toward this military action. It is May and we did not go away! It will be crucial to see some positive economic reports this week. US ISM Index was 60.4 in April verses the 61.2 in March. Construction Spending was up 1.4 % to an annual rate of $768.9 billion. It has been feared that the high prices of Crude Oil and other products may in fact keep spending down. We look to monitor the inflation during these times as often it will lead to hindered profits for companies.
learn to trade emini, sp emini April 28, 2011 at 4:10 PM E-Mini S&P 500: The stirrings on the earnings foster the surge up!
The E-Mini S&P 500 is in the whirlwind of earnings reports coming in to inspire and elate traders! The Dow Jones Transportation Average was up 1.2 percent to 5,510.06 which is made up of airlines, shippers, railroads and truckers. This particular area is of concern with the rising oil costs and a positive report is very appealing in this inflationary environment. PepsiCo Inc. and Coca Cola reflected earnings above the forecasts. Other companies such as Procter & Gamble lowered their profit forecast due to the higher cost of doing business. We are encountering an array of mixed economic reports and earnings report. It is important to keep up with market sentiment, but not to over analyze the fundamentals as the market may act independently of these reports. Insurance companies are reporting stronger earnings beyond analyst expectations.
learn to trade emini, sp emini April 27, 2011 at 7:19 PM E-Mini S&P 500: Beware the rubber band!
The E-Mini S&P 500 extended yet another day on Federal Chairman Ben Bernanke’s words of continued support today! He suggested that the moderate pace of the recovery with the light inflationary concerns was still on target. The $600 billion dollar bond-buying program will expire June 30, but the money should be reinvested again perhaps. The “extended period” is still in place and with the US Federal Government support, the rally ensued in the E-Mini S&P 500. The US Federal Government is aware of the warning from Standard & Poor’s potential downgrade, but is modestly optimistic with the long-term plan and potential progress. In the midst of some fairly positive earnings reports, up seemed like the only way to go. General Electric rose 3.2% to $20.75. Boeing Co. rose 0.8% to $76.17. Whirlpool rose 0.3% to $88.14. About 220 companies of the S&P 500 reported earnings of which 73% were above expectations.
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