August 24th, 2012 - Issue #649

In This Issue

1. Trader's Resource Corner - Options 101 WEBINAR
2. Chart of the Week: What Next for Grains? by CQG.com
3. Economic Calendar

Featured Articles This Week

a. "The Commodity Markets Take No Prisoners" Do you have what it takes to succeed despite losing trades? Peter Brandt does -- and shares some of his insights in this FREE report. Elliott Wave International

B. Sentiment Measure Shows No Fear of Major U.S. Stock DeclineIf investors are climbing a "wall of worry," where's the evidence?

1. Traders Resource Corner

2. Scorching Heat in Corn Belt Powers Grain Bulls

By Jim Wyckoff

3. Economic Calendar

Source: Moore Research Center, Inc.

Date Reports Expiration & Notice Dates
07/09
Mon
2:00 PM CDT - Consumer Credit(May) LT: Jul Cotton(NYM)
07/10
Tues
   
07/11
Wed
6:00 AM CDT - MBA Mortgage Purchase Index
7:30 AM CDT - Dairy Products Prices
7:30 AM CDT - WASDE Report & Crop Production
7:30 AM CDT - Trade Balance(May)
9:00 AM CDT - Wholesale Inventories(May)
9:30 AM CDT - API & DOE Energy Stats
1:00 PM CDT - FOMC Minutes
LT: Jul Orange Juice(ICE)
07/12
Thurs
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly
7:30 AM CDT - Export & Import Prices(Jun)
9:30 AM CDT - EIA Gas Storage
1:00 PM CDT - Treasury Budget(Jun)
3:30 PM CDT - Money Supply
 
07/13
Fri
7:30 AM CDT - Core PPI & PPI(Jun)
8:55 AM CDT - Mich Sentiment(Jul)
LT: Jul Corn(CBT)
Jul Wheat(CBT)
Jul Oats(CBT)
Jul Rough Rice(CBT)
Jul Soybeans,Soyoil,Soymeal(CBT)
Jul Lumber(CME)
Jul Eurodollar Options(CME)
Aug Coffee Options(ICE)
07/16
Mon
7:30 AM CDT - NOPA Crush
7:30 AM CDT - Empire Manufacturing(Jul)
7:30 AM CDT - Retail Sales(Jun)
9:00 AM CDT - Business Inventories(May)
FN: Jul Lumber(CME)
LT: Jul Eurodollar(CME)
Jul Lean Hogs(CME)
Jul Lean Hogs Options(CME)
Aug Sugar-11 Options(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!