* DATA HIGHPOINTS FOR THE WEEK: — Japan Tankan Report…US ISM Manufacturing Data… US, Eurozone PMI Data… Reserve Bank Australia, ECB, Bank of England monetary policy meetings, rate announcements… US, Eurozone Employment Data US MARKET HOLIDAY SCHEDULE -EARLY CLOSES WEDNESDAY JULY 3RD…US MARKETS CLOSED THURSDAY JULY 4TH Data in italics-high potential to influence markets *Tuesday-4:30 […]
GREAT PACIFIC TRADING LAS VEGAS -ECONOMIC CALENDAR & MARKET OUTLOOK- June 13th-14th, 2013 You can reach me at rroscelli@gptc.com for questions, comments, and information about opening an account with Great Pacific Trading Las Vegas. Follow me on Twitter @richardroscelli **The information and opinions contained herein comes from sources believed to be reliable, but are […]
Hogs have seen a very steep decline in the past few weeks, but we are now approaching a strong support level and expect to see this market turn back up in the near term. Many indicators like stochastics and RSI are about to issue buy signals and our proprietary model is showing a high probability […]
December corn futures saw a rally during the first half of October that pushed prices well up from what is now strong technical support at the early-October low of $3.35 a bushel. However, prices have backed off just recently and are now right in the middle of a well-defined trading range between $3.35 and strong […]
November crude oil prices recently hit a fresh contract high above $82.00 a barrel. Prices then backed off on some profit-taking pressure and challenged trendline support from an uptrend line drawn off the August low, but could not punch below it. Bulls are still in firm technical command of crude oil and the price uptrend […]
The Fed. did surprise the investment world with its .50 rate cut last week. The reason we are in the mess we are in is low interest rates, so could someone please explain to me how lowering rates is going to fix this problem? The FOMC is supposed to be primarily concerned with inflation. Gold […]
Cocoa has seen a long term up trend for all of 2007. In just the last few weeks we have seen a nice pullback in this rally and we are using this pullback to reposition ourselves long this market. Technically we have just gotten a strong buy signal from the Williams %R indicator show in […]
August NYMEX crude oil futures had been knocking on the door of strong technical resistance at $70.00 a barrel recently, and on Thursday opened the door and walked right through it. Now, the next major upside price objective for the bulls is to challenge major psychological resistance at $75.00 a barrel. The crude oil futures […]
How many of you actually believed that there would be a market upset, inspired by the sub-par loan portfolios? Much of the problem comprised with anticipation, as the consequence of knowing the event was necessarily forth-coming, was the very long lag-time required for the mess to bubble to the surface of the debt pool. (more…)
Alpha Magazine Ranks the World’s Biggest Hedge Funds PMorgan receives top honors in Alpha’s 2007 Hedge Fund 100 ranking of the world’s heftiest hedge funds. New York, NY (PRWEB) May 25, 2007 — With a combined $1 trillion in assets under management — a 39 percent increase over last year’s total — the firms in […]
