Category: Charts
Varner Bros. – Cotton Row Journal
Strange Spread Action There is more movement in spreads in the last 2-3 weeks than outright price, and some weird directional moves. The July/Dec is a very good barometer of […]
Prospect of Lower Rates Lifts Gold
As widely anticipated, the Fed did not change its target rate today. Instead, the Fed set the stage for cuts possibly later this year. Overall, the market’s response was a […]
Fed Holds Rates Unchanged, Will Cut If Economic Outlook Dims
Index Futures Net Changes and Settlements: Contract Settlement Net Change +/-% S&P 500 (ESU19:CME) 2933.50 +7.25 +0.24% DowJones (YMU19:CBT) 26,536 +34 +0.12% Nasdaq 100 (NQU19:CME) 7702.00 +28.50 +0.37% Russell 2000 […]
Varner Bros. – Cotton Row Journal
Going Up Backwards One major weather service said India’s monsoon will make a show, but will be 2 weeks late. It stalled due to direct pressure from the cyclone off […]
Double Whammy; ECB To Lower Rates And Trump To Meet Xi At G20
Index Futures Net Changes and Settlements: Contract Settlement Net Change +/-% S&P 500 (ESU19:CME) 2926.25 +29.75 +1.02% DowJones (YMU19:CBT) 26,504 +366 +1.40% Nasdaq 100 (NQU19:CME) 7673.50 +112.25 +1.48% Russell 2000 […]
Costco Corp. (COST): Finding Opportunity in Five Minutes or Less
Costco Corp. (COST): Finding Opportunity in Five Minutes or Less Our FREE video shows how wave clarity is the first step to identifying a high-probability trade set-up. By Elliott Wave […]
Varner Bros. – Cotton Row Journal
Cert stocks jumped to 93.7 kb, with 8 kb just added. This probably caused weakness in the July/Dec spread, tumbling beneath par to -50. Options expired on Friday, and open […]
S&P 500 Has Declined 9 of Last 10 Fed Days
As of approximately 2:00 p.m. eastern, CME Group’s FedWatch Tool was reporting an 77.5% chance the Fed will not change the Fed Funds rate on Wednesday and a 22.5% chance that they […]
Technology Stocks Lead The S&P Higher
Index Futures Net Changes and Settlements: Contract Settlement Net Change +/-% S&P 500 (ESU19:CME) 2896.25 +1.25 +0.04% DowJones (YMU19:CBT) 26,138 +10 +0.03% Nasdaq 100 (NQU19:CME) 7561.25 +56.60 +0.75% Russell 2000 […]
June Option Expiration Can Be Volatile
The second Triple Witching Week (Quadruple Witching if you prefer) of the year brings on some volatile trading with losses frequently exceeding gains. NASDAQ has the weakest record on the […]