Michael Paulenoff - MPTrader.com - Mon May 21, 1:25PM CDT
If Friday's early-session upside reversal attempt in Apple (AAPL) was a headfake, then what are we to make of today's upside reversal effort? Right now, my overall work is warning me that today's strength may be nothing other than a potent relief rally ahead of another loop to the downside... (full story)
Timothy Hughes - The PRICE Futures Group - Mon May 21, 10:17AM CDT
DRY HEAT Timothy Hughes | 602-859-4100 | thughes@pricegroup.com 5/18/12 General Comments The flight to safety in the dollar may have run it’s course for the moment. The dollar rally of the last few weeks also acted to help pressure some other commodities that had been in rally... (full story)
by Bob Short, PFGBEST 1 800 280 4566 rshort@PFGBEST.com Monday, May 21, 2012 at 11 19 AM We lost $1.20 on pork product Friday, but did put 93 cents on product for the week against a two year average of (full story)
Precious Metals Market Comments by Mike Daly, PFGBEST 1 877 294 4669 mdaly@PFGBEST.com Monday, May 21, 2012 at 1 42 PM Gold Settles $3.20 Lower … ($1588.70) Today’s June Gold futures traded a very subdued $14.50 range. The day session (full story)
Currency Analysis By Paul Kavanaugh, PFGBEST 1 888 439 6033 pkavanaugh@pfgbest.com 35th straight week of net long US dollar bets Euro hit new 4 month low Friday May 18th Large speculators added to massive net short Euro bets, net shorts (full story)
Jack Scoville - The PRICE Futures Group - Mon May 21, 9:32AM CDT
COTTON General Comments: Futures were higher on positioning for the weekend. Traders remain bearish the market after the USDA supply and demand estimates that were very bearish last week. Weather could become a more important issue soon. Some parts of the Delta and Texas are too dry for best... (full story)
Jack Scoville - The PRICE Futures Group - Mon May 21, 9:43AM CDT
05/21 01:40a CST DJ Table Of China April Oilseed, Vegoil, Grain Imports Table Of Imports By Grain, Oil Type And Origin (All figures in metric tons) Apr Change Jan-Apr Change in Tons on Year in Tons on Year Wheat Total 293,376 +2760.98% 1,414,394 +442.47% Australia 273,004 +2711.89% 1,046,928... (full story)
The Daily Market Update provides some insight into the significant fundamental and technical developments from the previous and overnight sessions and how they could effect the current session's market action. (full story)
Kevin Klombies - TraderPlanet.com - Mon May 21, 8:43AM CDT
This is definitely a two-handed market. On the one hand the trend for equities and commodities remains lower. The commodity currencies are melting down, money is fleeing towards the Japanese yen and U.S. dollar, and a bid for gold has emerged. On the other hand... the ratio between the S&P... (full story)
Robert Colby - TraderPlanet.com - Mon May 21, 8:06AM CDT
Highlights based on trading on Friday, May 18, 2012: Both stocks and commodities have demonstrated trend weakness in recent weeks, while U.S. Treasury Notes and Bonds demonstrated trend strength. Investors have been choosing safety over risk. With the stock market downtrend well established and... (full story)
David Moenning - StateoftheMarkets.com - Mon May 21, 7:36AM CDT
Stocks have been down twelve of the last thirteen sessions and the mood is getting dismal. So, isn't it about time for something good to happen? (full story)
Jim Wyckoff - TraderPlanet.com - Mon May 21, 8:12AM CDT
* JIM'S MARKET THOUGHT OF THE DAY * The world market place is a bit calmer to start the new trading week, as there were no big surprises during the weekend--either from the Group of Eight world leaders meeting at Camp David, or from the fallout from the JP Morgan trading loss debacle, or from the... (full story)