May 25th, 2011 - Issue #585

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In This Issue

1. Memorial Day Trading Schedule
2. Real-Time Day Trading Signal Service
3. Economic Calendar

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1. Memorial Day Trading Schedule

Friday, May 27

CME Group (Floor)

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

NYMEX (Floor)

Regular Close

GLOBEX

3:15 pm Close: Interest Rate, Foreign Exchange, GSCI, Wood Pulp, Crude Palm Oil and Green Exchange products * All other products regular close

ICE

12:00 pm Close: Open Outcry Financial products 3:15 pm Close: Financial and Index products * All other products regular close

EUREX

Regular Close

OneChicago

Regular Close

NYSE

Regular Close

Forex

Regular Close

Sunday, May 29

CME Group (Floor)

Closed

NYMEX (Floor)

Closed

GLOBEX

Regular Open * Exceptions - Dairy, Crude Palm Oil, Livestock, GSCI, Lumber, Weather, CBOT/KCBT/MGEX Grains, Ethanol, TRAKRS and Dow UBS ER products closed

ICE

Regular Open * Exceptions - Soft and Open outcry products closed

EUREX

Regular Open * Exceptions - US, British, Brazilian, Canadian Equity Derivatives, Russian Equity and Equity Index Derivatives, Gold and Silver Derivatives and Hurricane Futures

OneChicago

Closed

NYSE

Closed

Forex

Regular Open

Monday, May 30

CME Group (Floor)

Closed

NYMEX (Floor)

Closed

GLOBEX

Closed: Dairy, Crude Palm Oil, Livestock, GSCI, Lumber, Weather, CBOT/KCBT/MGEX Grains, Ethanol, TRAKRS and Dow UBS ER products
10:30 am Close: Equity products
12:00 pm Close: Interest Rate, Financial, Foreign Exchange, Real Estate, and Wood Pulp products
12:15 pm Close: NYMEX/COMEX/DME and Green Exchange products

*Trading Resumes at the times listed below*
5:00 pm Open: Equity, Interest Rate, Foreign Exchange, Dairy, Crude Palm Oil, Livestock, GSCI, Lumber, Weather, Real Estate, Wood Pulp, NYMEX/COMEX/DME and Green Exchange products
5:30 pm Open: Financial products
6:00 pm Open: CBOT/KCBT/MGEX Grain and Ethanol products

ICE

Closed: Softs and Open outcry products 10:30 am Close: Index products 12:00 pm Close: Financial products

EUREX

Closed: US, British, Brazilian, Canadian Equity Derivatives, Russian Equity and Equity Index Derivatives, Gold and Silver Derivatives and Hurricane Futures *No cash payment in USD and GBP

OneChicago

Closed

NYSE

Closed

Forex

Regular Close *All times listed in Central Time

For a more detailed holiday schedule read the CME Group report.

The above calendar is compiled from sources believed to be reliable. Cannon Trading Company 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.

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2. Real-Time Day Trading Signal Service

Your GPS to the Futures Market

We invite you to a free two week trial of our Real-Time Day Trading Signal Service, a streaming visual of trading signals overlaid on live charts of three key markets: the E-Mini S&P 500, Crude Oil, and the Euro.

1.) Live charts with trading signals

2.) Trade management commentary by Ilan Levy-Mayer, Vice President of Cannon Trading and President / AP of LEVEX Capital Management Inc., a registered commodity trading advisor, who explains his response to the trade signals during periods of high market volatility.


Please see the disclaimer about futures trading at the bottom of the page.


Register for a free 2-week trial of the Live Signal Service below.

Name

Phone number

Email address

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

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3. Economic Calendar

Source: Moore Research Center, Inc.

Date Reports Expiration & Notice Dates
05/25
Wed		 6:00 AM CDT - MBA Mortgage Purchase Index
7:30 AM CDT - Durable Orders(Apr)
9:00 AM CDT - FHFA Housing Price Index(Mar)
9:30 AM CDT - API & DOE Energy Stats 		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)
05/26
Thu		 7:00 AM CDT - Census Crush
7:00 AM CDT - Cotton Consumption
7:30 AM CDT - Initial Claims-Weekly
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - GDP-Second Estimate(Q1)
7:30 AM CDT - GDP Delfator-Second Estimate(Q1)
9:30 AM CDT - EIA Gas Storage
3:30 PM CDT - Money Supply 		LT: May Copper(CMX)
May Gold(CMX)
May Silver(CMX)
May Platinum(CMX)
May Palladium(CMX)
May Feeder Cattle(CME)
Jun Natural Gas(NYM)
May Feeder Cattle Options(CME)
05/27
Fri		 7:30 AM CDT - Dairy Prodcuts Prices
7:30 AM CDT - PCE Prices-Core(Apr)
7:30 AM CDT - Personal Income & Spending(Apr)
8:55 AM CDT - Michigan Setiment-Final(May)
9:00 AM CDT - Pending Home Sales(Mar) 		FN: Jun Natural Gas(NYM)
05/30
Mon		 MEMORIAL DAY  
05/31
Tue		 8:00 AM CDT - Case-Shiller 20-City Index(Mar)
8:45 AM CDT - Chicago PMI(May)
9:00 AM CDT - Consumer Confidence(May) 		FN: Jun 2,3,5,10 Year Notes(CBT)
Jun Bonds(CBT)
Jun Copper(CMX)
Jun Gold(CMX)
Jun Silver(CMX)
Jun Platinum(CMX)
Jun Palladium(CMX)
LT: May Fed Funds(CME)
Jun Heating Oil(NYM)
Jun RBOB Gasoline(NYM)
May Fed Funds Options(CME)
May Lumber Options(CME)
06/01
Wed		 6:00 AM CDT - MBA Mortgage Purchase Index
6:30 AM CDT - Challenger Job Cuts(May)
7:15 AM CDT - ADP Employment Change(May)
9:00 AM CDT - Construction Spending(Apr)
9:00 AM CDT - ISM Index(May)
2:00 PM CDT - Auto & Truck Sales(Jun) 		 
06/02
Thu		 7:30 AM CDT - Initial Claims-Weekly
7:30 AM CDT - Productivity-Rev(Q1)
7:30 AM CDT - Unit Labor Costs-Rev(Q1)
9:00 AM CDT - Factory Orders(Apr)
9:30 AM CDT - EIA Gas Storage
10:00 AM CDT - API & DOE Energy Stats
3:30 PM CDT - Money Supply 		FN: Jun Heating Oil(NYM)
Jun RBOB Gasoline(NYM)
LT: May Milk(CME)
May Milk Options(CME)
06/03
Fri		 7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Dairy Products Prices
7:30 AM CDT - Ave Workweek & Hourly Earnings(May)
7:30 AM CDT - Nonfarm Payrolls(May)
7:30 AM CDT - Unemployment Rate(May)
9:00 AM CDT - ISM Services(May) 		LT: Jun Canadian Dollar Options(CME)
Jun Currencies Options(CME)
Jun Live Cattle Options(CME)
Jun US Dollar Index Options(ICE)
Jul Cocoa Options(ICE)
06/06
Mon		 FN: Jun Live Cattle(CME)  
06/07
Tue		 2:00 PM CDT - Consumer Credit(Apr)  

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* 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!