In This Issue
1. New Day Trading Signals Newsletter -FREE limited time
2. Hot Market report:
3. Economic Calendar
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From our friend Jim Wyckoff at JimWyckoff.com
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Safe-haven demand and short covering have boosted February gold futures to a seven-week high. Bulls have gained good upside near-term technical momentum to begin to suggest that at least a near-term market bottom is in place. A close this Friday at or near the weekly high would be a better technical clue that gold has bottomed out. Make 2016 a great year!!
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
| 01/11 Mon |
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| 01/12 Tues |
11:00 AM CST - WASDE Report & Crop Production Annual 11:00 AM CST - Grain Stocks 11:00 AM CST - Winter Wheat Seedlings |
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| 01/13 Wed |
6:00 AM CST - MBA Mortgage Purchase Index 9:30 AM CST - API & DOE Energy Stats 1:00 PM CST - Fed's Beige Book(Jan) 1:00 PM CST - Treasury Budget(Dec) 2:00 PM CST - Dairy Products Sales |
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| 01/14 Thurs |
7:30 AM CST - USDA Weekly Export Sales 7:30 AM CST - Initial Claims-Weekly 7:30 AM CST - Export Prices(ex-ag) & Import Prices(ex-oil)(Dec) 9:30 AM CST - EIA Gas Storage 3:30 PM CST - Money Supply |
LT: Jan Canola(CBT) Jan Rough Rice(CBT) Jan Soybeans(CBT) Jan Soymeal (CBT) Jan Soyoil(CBT) Feb Crude Lt Options(NYM) |
| 01/15 Fri |
7:30 AM CST - Core PPI & PPI(Dec) 7:30 AM CST - Empire Manufacturing(Jan) 7:30 AM CST - Retail Sales(Dec) 7:30 AM CST - Retail Sales Ex-Auto(Dec) 8:15 AM CST - Capacity Util & Industrial Prod(Dec) 9:00 AM CST - Business Inventories(Nov) 9:00 AM CST - Mich Sentiment(Jan) 11:00 AM CST - NOPA Crush |
LT: Jan Lumber(CME) Jan Nikkei Options(CME) Jan DJIA Options(CME) Jan E-Mini DJIA Options(CME) Jan NASDAQ Options(CME) Jan E-Mini NASDAQ Options(CME) Jan S&P 500 Options(CME) Jan E-Mini S&P 500 Options(CME) Jan Russell Options(CME) Jan Eurodollar Options(CME) Feb Orange Juice Options(ICE) Feb Sugar-11 Options(ICE) |
| 01/18 Mon |
MARTIN LUTHER KING, JR DAY |
LT: Jan Eurodollar(CME) |
* 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!