by admin | Sep 12, 2018 | Uncategorized
Our cautious bullish policy and exposure remains intact with protective sell-stops placed just below 3.55 for shorter-term traders and below 3.50 for long-term players. Strength above 16-Aug’s 3.82 high remains required however to render Aug’s...
by admin | Sep 12, 2018 | Uncategorized
Commodity Calendar – Wednesday 9/12/2018 Date Time Event Survey Prior 9/12/2018 10:30 DOE Total Fuel Ethanol Inventory 7-Sep — 22703k 9/12/2018 10:30 DOE Fuel Ethanol Total Production 7-Sep — 1087k 9/12/2018 10:30 DOE U.S. Crude Oil Inventories 7-Sep...
by admin | Sep 12, 2018 | Uncategorized
US 0700 ET Weekly MBA mortgage applications, previous -0.1% to 343.5 with purchase sub-index up +0.6% to 231.4 and refi sub-index down -1.4% to 940.0. 0830 ET Aug PPI final demand expected +0.2% m/m and +3.2% y/y, Jul unch m/m and +3.3% y/y. Aug PPI ex food &...
by admin | Sep 12, 2018 | Uncategorized
Fed’s Beige Book is expected to show a strong U.S. economy that demands more Fed rate hikes PPI expected to remain near recent 6-3/4 year high 10-year T-note yield rises to 5-week high ahead of today’s auction Weekly EIA report Fed’s...
by admin | Sep 10, 2018 | Uncategorized
In Fri’s Technical Blog we discussed the languishing price action at the extreme lower recesses of the past couple months’ range that warns of a resumption of not only Aug’s relapse, but the broader slide from 02-Mar’s 10.83...
