In This Issue

Independence Day / 4th of July Trading Schedule

10 Key Questions on Measuring Your Trading Progress & Success

Economic Reports and Expiration Notices

July 1st, 2009 - Issue #487

Independence Day / 4th of July Trading Schedule

Thursday, July 2

CME Group
Floor: Regular Close

GLOBEX
Regular Close (Includes NYMEX/COMEX contracts traded on Globex)
* Regular evening open
(Exceptions: Commodity, GSCI and Weather products will remain closed until 5:00 pm on Sunday / Grain products will remain closed until 6:00 pm on Sunday / TRAKRS, Dow AIG ER and ETF products will remain closed until their regular scheduled open on Monday)

NYMEX/COMEX
Floor: Regular Close

ICE
3:15 pm Close: Financial and Index products
* All other products regular close

EUREX
Regular Close

OneChicago
Regular Close

NYSE
Regular Close

Friday, July 3

CME Group
Floor: Closed

GLOBEX
Closed
10:30 am Close: Equity products
12:00 pm Close: Interest Rate, Foreign Exchange, Real Estate, Forestry and Financial products
12:30 pm Close: NYMEX/COMEX/DME products
* Regular evening open on Sunday, July 5

NYMEX/COMEX
Floor: Closed

ICE
10:30 am Close: Index Products
12:00 am Close: Finacial Products
Closed: Softs and Open Outcry Products

EUREX
Closed: US and Weather Derivatives

OneChicago
Closed

NYSE
Closed

For more information:

CME Schedule (PDF)
Eurex Schedule
The ICE Schedule (PDF)
Euronext Schedule

*All times listed in Central Time

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 at 800-454-9572.

Precious Metals Report

Cannon Trading is pleased to offer our clients free research from MF Global. In this precious metals report, you'll receive trade recommendations, upcoming metals and dollar events, global economic and dollar news, and market analysis. A preview is below. Fill out the form to download the full report (in PDF format) for free.

Preview: Price Outlook/Trade Recommendations

Precious metals are expected to trade in a mixed direction today. The zig-zag nature of the commodities markets and the dollar index in recent days indicates that they have reached some kind of short-term equilibrium that's made worse by the light summer volumes. It's difficult to discover a trend in that environment, so we expect gold prices to maintain the recent $913-$949 trading range. Focus today will be on car sales and potential indications of investment allocation at today's start of Q3. The seasonal trend at the start of a new quarter is generally negative after today's close, as we discuss below. We favor trading precious metals as a trading affair.

Download the entire Precious Metals Report for free. Enter your name, email, and phone number to continue.

Name

Phone number

Email address


Cannon Trading respects your privacy and will never give this information to a 3rd party.

Economic Reports and Expiration Notices

Source: Moore Research Center, Inc.

Date Reports Expiration & Notice Dates
07/02
Thu
7:30 AM CDT - Dairy Products Prices
7:30 AM CDT - Ave Workweek & Hourly Earnings(Jun)
7:30 AM CDT - Nonfarm Payrolls(Jun)
7:30 AM CDT - Unemployment Rate(Jun)
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly
9:00 AM CDT - Factory Orders(May)
9:35 AM CDT - EIA Gas Storage
3:30 PM CDT - Money Supply
FN: Jul Heating Oil(NYM)
Jul RBOB Gasoline(NYM)
LT: Jun Canadian Dollar Options(CME)
Jun Currencies Options(CME)
Jun US Dollar Index Options(ICE)
Jun Live Cattle Options(CME)
Jun Pork Bellies Options(CME)
Aug Cocoa Options(ICE)
07/03
Fri
Independence Day(Observed)
 
 
 

 
 
 
07/06
Mon
9:00 AM CDT - ISM Services(Jun)
 
 
 
FN: Jul Pork Bellies(CME)
 
 
 
07/07
Tue

 
 
 

 
 
 
07/08
Wed
9:35 AM CDT - API & DOE Energy Stats
2:00 PM CDT - Consumer Credit(May)
 
 

 
 
 
07/09
Thu
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly
9:00 AM CDT - Wholesale Inventories(May)
9:35 AM CDT - EIA Gas Storage
3:30 PM CDT - Money Supply
LT: Jul Cotton(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!