In This Issue
2010 Thanksgiving Day Trading Schedule
S&P 500 Index
Economic Calendar
*All times listed in Central Time
CME Group (Floor)
Regular Close
NYMEX (Floor)
Regular Close
GLOBEX
Regular Close
ICE
Regular Close
EUREX
Regular Close
OneChicago
Regular Close
NYSE
Regular Close
Forex
Regular Close
CME Group (Floor)
Closed
NYMEX (Floor)
Closed
GLOBEX
Closed: Livestock, GSCI, Palm Oil, Weather, Grain, Ethanol, TRAKRS, ETF and Dairy products
10:30 am Close: Equity products
12:00 pm Close: Interest Rate, CBOT Financial, Foreign Exchange, Real Estate and Forestry products
12:15 pm Close: NYMEX, COMEX and DME products
*Trading Resumes at the times listed below*
5:00 pm Open: Equity, Interest Rate, Foreign Exchange, Crude Palm Oil, Livestock, GSCI, Forestry, Weather, Real Estate and NYMEX/COMEX/DME products
5:30 pm Open: Financial products
6:00 pm Open: CBOT/KCBT/MGEX Grain and Ethanol products
*Dairy products will remain closed until their regularly scheduled open on Sunday, November 28th
ICE
Closed: Soft and Open outcry products
10:30 am Close: Index products
12:00 pm Close: Financial products
EUREX
Closed: US and Brazilian Equity Derivatives (No cash payment in USD) and Hurricane Futures
*All other products regular close
OneChicago
Closed
NYSE
Closed
Forex
Regular Close
CME Group (Floor)
Closed: Dairy
12:00 pm Close: Foreign Exchange, Interest Rates, Commodities, GSCI, Weather and Real Estate products
12:15 pm Close: Equity products
NYMEX (Floor)
12:30 pm Close
GLOBEX
Closed: Dairy products
12:00 pm Close: Agricultural, CBOT Grain, Ethanol, KCBT Grain, Forestry, Weather, GSCI and TRAKRS products
12:15 pm Close: Equity, Interest Rate, Financial, Foreign Exchange, Real Estate, ETF, MGEX Grain and KOSPI 200 products
12:45 pm Close: NYMEX/COMEX/DME products
ICE
Regular Close
EUREX
Regular Close
OneChicago
12:00 pm Close
NYSE
12:00 pm Close
Forex
Regular Close
*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 customer service.
For more information, see the CME's Thanksgiving Day Trading Schedule
by JS Services
DEC'10 SP500 INDEX ** NEUTRAL DIGESTION **
- The MKT has a slight negative bias in a difficult "choppy" trade. On the SELL side DP BREAKOUT strategies are valid but should expect a laborious trade. UP and UT1 FADE and REVERSAL strategies are recommended but profit should be taken at initial targets. The probability is to the downside today but is not a day to press it.
- On the BUY side avoid UP BREAKOUT strategies but rather FADE a negative reaction after a positive breakout signal at the DIR. DP REVERSAL strategies are recommended over FADE strategies as "sloppy" trading conditions are expected. Any DP FADE trades should get confirmation before executing. Position management adjustments should be anticipated for all longs as sideways trading conditions can quickly erase profits.
Daily | High | Low | Close | Change | Trend | MIN - UP | 12123 |
EPZ0 | 1197.75 | 1174.75 | 1178.25 |
|
| INT - UP | 1167.75 |
EPH1 | 1192.25 | 1169.75 | 1173.00 |
|
| MAJ - UP | 1081.75 |
Click the image to enlarge
Disclaimer:
Trading commodity futures and options involves substantial risk of loss. The recommendations 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 futures 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!
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
| 11/24 Wed |
6:00 AM CST - MBA Mortgage Applications 7:00 AM CST - Census Crush 7:00 AM CST - Cotton Consumption 7:30 AM CST - Initial Claims-Weekly 7:30 AM CST - Durable Orders(Oct) 7:30 AM CST - Personal Income & Spending(Oct) 7:30 AM CST - PCE Prices-Core(Oct) 8:55 AM CST - Michigan Sentiment-Final(Nov) 9:00 AM CST - New Home Sales(Oct) 9:00 AM CST - FHFA Home Price Index(Q3) 9:30 AM CST - API & DOE Energy Stats 12:00 PM CST - EIA Gas Storage 1:00 PM CST - FOMC Minutes 3:30 PM CST - Money Supply |
LT: Dec Natural Gas(NYM) Dec Heating Oil Options(NYM) Dec RBOB Gasoline Options(NYM) |
| 11/25 Thu |
THANKSGIVING DAY | |
| 11/26 Fri |
7:30 AM CST - Dairy Products Prices 7:30 AM CST - USDA Weekly Export Sales |
FN: Dec Natural Gas(NYM) LT: Nov Copper,Silver,Gold(CMX) Nov Platinum,Palladium(NYM) Dec 2,3,5 & 10 Year Notes Options(CBT) Dec Bonds Options(CBT) Dec Oats,Corn Options(CBT) Dec Rough Rice Options(CBT) Dec Soybean,Soymeal,Soyoil Options(CBT) Dec Chi Wheat Options(CBT) |
| 11/29 Mon |
||
| 11/30 Tue |
8:00 AM CST - Case-Shiller 20-City Index(Sep) 8:45 AM CST - Chicago PMI(Nov) 9:00 AM CST - Consumer Confidence(Nov) |
FN: Dec 2,3,5 & 10 Year Notes(CBT) Dec Bonds(CBT) Dec Copper,Gold,Silver(CMX) Dec Platinum,Palladium(NYM) Dec Oats,Corn(CBT) Dec Soyoil,Soymeal(CBT) Dec Wheat(CBT) LT: Nov Fed Funds(CME) Dec Heating Oil(NYM) Dec RBOB Gasoline(NYM) Nov Fed Funds Options(CME) Dec Lumber Options(CME) |
| 12/1 Wed |
6:00 AM CST - MBA Mortgage Applications 7:30 AM CST - Productivity-Rev(Q3) 9:00 AM CST - Construction Spending(Oct) 9:00 AM CST - ISM Index(Nov) 9:30 AM CST - API & DOE Energy Stats 1:00 PM CST - Auto & Truck Sales(Nov) 1:00 PM CST - Fed's Beige Book(Dec) |
|
| 12/2 Thu |
7:30 AM CST - Initial Claims-Weekly 7:30 AM CST - USDA Weekly Export Sales 9:30 AM CST - EIA Gas Storage 3:30 PM CST - Money Supply |
FN: Dec Heating Oil(NYM) Dec RBOB Gasoline(NYM) LT: Nov Milk(CME) Nov Milk Options(CME) |
| 12/3 Fri |
7:30 AM CST - Dairy Products Prices 7:30 AM CST - Ave Workweek & Hourly Earnings(Nov) 7:30 AM CST - Nonfarm Payrolls(Nov) 7:30 AM CST - Unemployment Rate(Nov) 9:00 AM CST - Factory Orders(Oct) 9:00 AM CST - ISM Services(Nov) |
LT: Dec Butter Options(CME) Dec Canadian Dollar Options(CME) Dec Currencies Options(CME) Dec US Dollar Index Options(ICE) Dec Live Cattle Options(CME) Jan Cocoa Options(ICE) |
| 12/6 Mon |
FN: Dec Butter(CME) Dec Live Cattle(CME) |
|
| 12/7 Tue |
2:00 PM CST - Consumer Credit(Oct) |
* 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!