In This Issue

Memorial Day Futures Trading Schedule

Recommended Article: The Quiet Coup

Economic Reports and Expiration Notices

May 20th, 2009 - Issue #481

Memorial Day Futures Trading Schedule

All times are CST

Friday, May 22

CME Group
Floor:
12:00 pm Close: Foreign Exchange and Interest Rate products
* All other products regular close

GLOBEX
3:15 pm Close: Foreign Exchange, CBOT Financial, CME Interest Rate, GCSI, NYMEX/COMEX/DME products on Globex, GCSI and Forestry products
* All other products regular close

NYMEX
Floor:
Regular Close

NYMEX Electronic Trading
Regular Close

ICE
12:00 pm Close: Financial Products (open outcry)
3:15 pm Close: Financial and Index products
Regular Close: Soft products

EUREX
Regular Close

OneChicago
Regular Close

NYSE
Regular Close

Sunday, May 24

CME Group
Floor:
Closed

GLOBEX
* Regular evening open (excluding: CME Commodity, GSCI, Weather, CBOT/KCBT/MGEX Grains, CBOT Ethanol, TRAKRS, Dow AIG ER and ETF products)

NYMEX
Floor:
Closed

NYMEX Electronic Trading
* Regular evening open

ICE
* Regular evening open (excluding: Soft products)

EUREX
Regular Close

OneChicago
Closed

NYSE
Closed

Monday, May 25

CME Group
Floor:
Closed

GLOBEX
10:30 am Close: Equity products
12:00 pm Close: Foreign Exchange, CBOT Financial, CME Interest Rate, Real Estate and Forestry products
12:15 pm Close: NYMEX/COMEX/DME products on Globex
* Regular evening open for trading date of Tuesday, May 26 for all GLOBEX products

NYMEX
Floor:
Closed

NYMEX Electronic Trading
Regular Close

ICE
Closed: Soft and open outcry products
10:30 am Close: Index products
12:00 pm Close: Finacial products

EUREX
Closed: US Equity Derivatives

OneChicago
Closed

NYSE
Closed

The above calendar is compiled from sources believed to be reliable. Cannon Trading assumes no responsibility for any errors or omissions. It is meant as an alert to events that may affect trading strategies and is not necessarily complete. The closing times for certain contracts may have been rescheduled.

If you have any questions please contact your broker.

More More Information: Schedules by Exchange

CME Group
Eurex
ICE
EuroNext

Recommended Article: The Quiet Coup

The Cannon Trading staff recommends the following article from the Atlantic Monthly on the relationship between the financial industry and the United States government.

"The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF's staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we're running out of time."

Click here to continue reading the article on the Atlantic Monthly website →

Economic Reports and Expiration Notices

Source: Moore Research Center, Inc.

Date Reports Expiration & Notice Dates
05/21
Thu
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly
9:00 AM CDT - Leading Indicators(Apr)
9:00 AM CDT - Philadelphia Fed(May)
9:35 AM CDT - EIA Gas Storage
3:30 PM CDT - Money Supply
FN: Jun Crude Oil(NYM)
LT: May Feeder Cattle(CME)
May Feeder Cattle Options(CME)
05/22
Fri
7:30 AM CDT - Dairy Products Prices
2:00 PM CDT - Cattle on Feed
2:00 PM CDT - Cold Storage
 
LT: Jun 2,5,10 Yr Notes Options(CBT)
Jun Bonds Options(CBT)
Jun Wheat Options(CBT)
Jun Corn Options(CBT)
Jun Oats Options(CBT)
Jun Rough Rice Options(CBT)
Jun Soybeans Options(CBT)
Jun Soymeal Options(CBT)
Jun Soyoil Options(CBT)



05/25
Mon
Memorial Day Holiday
 
 
 

 
 
 
 
05/26
Tue
7:30 AM CDT - Durable Orders(Apr)
8:00 AM CDT - Consumer Confidence(May)
 
 
LT: May Pork Bellies(CME)
Jun Copper Options(CMX)
Jun Gold Options(CMX)
Jun Silver Options(CMX)
Jun Heating Oil Options(NYM)
Jun RBOB Gasoline Options(NYM)
Jun Natural Gas Options(NYM)
05/27
Wed
9:00 AM CDT - Existing Home Sales(Apr)
9:35 AM CDT - API & DOE Energy Stats
 
 
LT: May Silver(CMX)
May Copper(CMX)
May Gold(CMX)
May Platinum(CMX)
May Palladium(CMX)
Jun Natural Gas(NYM)
05/28
Thu
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly
9:00 AM CDT - New Home Sales(Apr)
9:35 AM CDT - EIA Gas Storage
3:30 PM CDT - Money Supply
FN: Jun Natural Gas(NYM)
 
 
 

* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.

** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.

*** This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!