Recent content by arturo1

DAILY TRADING ADVISORY 23-September-2009 Home prices in the U.S. increased .3% during July. Markets continue to fluctuate trading in a narrow range. ECONOMIC DATA 10:35 AM Crude Inventories 2:15 PM FOMC Rate Decision and Policy Statement YESTERDAY’S MARKET With the markets trading higher...

DAILY TRADING ADVISORY 21-September-2009 Michigan Sentiment index up in early September, markets fluctuate after posting new highs for the year. WEEKLY PIVOTS FOR WEEK ENDING 25-September-2009 R3 1098.50 R2 1089.00 R1 1073.00 PP 1052.50 S1 1048.50 S2 1033.25 S3 1018.00 ECONOMIC...

DAILY TRADING ADVISORY 18-September-2009 Housing Starts at the highest in the last nine months, Initial Claims lower than expected and Philadelphia Fed higher than expected gave way to new highs and a flat close. ECONOMIC DATA None YESTERDAY’S MARKET After trading at new highs during the...

DAILY TRADING ADVISORY 15-September-2009 Stocks started the day lower on Lehman’s collapse anniversary but turned up closing with moderate gains. ECONOMIC DATA 8:30 AM Core PPI 8:30 AM PPI 8:30 AM Retail Sales 8:30 AM Retail Sales, exclude auto 8:30 AM NY Empire Manufacturing Index 10:00 AM...

DAILY TRADING ADVISORY 10-September-2009 ROLLOVER DAY IS TODAY 10 SEPTEMBER 2009 ALL MY NUMBERS ARE BASED IN THE DECEMBER CONTRACTS Markets continue to press higher, Fed’s Beige Book: worst recession since 1930 may be over. ECONOMIC DATA 8:30 AM Initial Claims 8:30 AM Trade Balance...

DAILY TRADING ADVISORY 08-September-2009 Unemployment rate at 26 year high, 9.7%, Nonfarm payrolls minus 216K; markets rallied in front of the Labor Day extended holiday weekend. ROLLOVER DAY IS ON THURSDAY 10 SEPTEMBER 2009 WEEKLY PIVOTS FOR WEEK ENDING 08-September-2009 R3 1073.00 R2...

DAILY TRADING ADVISORY 02-September-2009 ISM manufacturing Index grew for the first time since January 2008 and Pending Home sales up; markets sold off on bank concerns. ECONOMIC DATA 8:15 AM ADP Employment Change 8:30 AM Productivity-Rev. 10:00 AM Factory Orders 10:30 AM Crude Inventories...

DAILY TRADING ADVISORY 31-August-2009 Personal Spending up .2%, Personal Income and PCE Inflation flat gave way to new highs that get sold, later in the day markets recovered closing neutral and mixed. WEEKLY PIVOTS FOR WEEK ENDING 28-August-2009 R3 1063.25 R2 1051.00 R1 1039.25 PP...

DAILY TRADING ADVISORY 28-August-2009 DAILY TRADING ADVISORY 28-August-2009 2Q GDP minus 1%, Initial Claims at 570K, Continuing Claims at 6.13 million and Boeing jumping 8% gave way to an initial sell off that was reversed to push markets up into the close posting a positive close. ECONOMIC...

DAILY TRADING ADVISORY 27-August-2009 DAILY TRADING ADVISORY 27-August-2009 Senator Edward Kennedy dies, rest in peace. Durable Good Orders jumps 4.9% for July, New Home Sales jumps 9.6% in signs that economy may be recovering, markets fluctuate and consolidate for another day. ECONOMIC DATA...

DAILY TRADING ADVISORY 25-August-2009 DAILY TRADING ADVISORY 25-August-2009 Markets consolidated Friday’s rally and fluctuated posting new intraday highs. ECONOMIC DATA 9:00 AM S&P CaseShiller Home Price Index 10:00 AM Consumer Confidence YESTERDAY’S MARKET Markets trade higher during...

DAILY TRADING ADVISORY 20-August-2009 DAILY TRADING ADVISORY 20-August-2009 World markets opened under pressure but managed to turn up on higher Crude oil prices. ECONOMIC DATA 8:30 AM Initial Claims 10:00 AM Leading Indicators 10:00 AM Philadelphia Fed YESTERDAY’S MARKET Markets opened...

DAILY TRADING ADVISORY 18-August-2009 Japan’s lower than expected growth, worries about consumer spending, Global stock’s sell off and NY Empire manufacturing Index better than expected gave way to a sharply lower opening. Later, Homebuilders Sentiment index rises for the month of August...

DAILY TRADING ADVISORY 17-August-2009 CPI unchanged; Industrial Production rises for first time since October 2008. Michigan sentiment falls giving way to an early sell off on concern the rally is overdone, markets closed in the red. WEEKLY PIVOTS FOR WEEK ENDING 21-August-2009 R3 1032.00...

DAILY TRADING ADVISORY 13-August-2009 FED leaves rates unchanged and stretch its long term bonds acquisitions which will end in October, recession easing. Markets rallied but gave back some of their gains. ECONOMIC DATA 8:30 AM Initial Claims 8:30 AM Retail Sales 8:30 AM Retail Sales ex-auto...