Commodities

Stock Market Futures Trading Outlook For June 28

Stock Market Futures Trading Outlook for June 28, 2016 – S&P 500 futures are in the process of bouncing off extended support regions and are now testing resistance from prior days. Though there is a definite bearish undercurrent, the charts seem ready to hold higher lows today, as we settle into…

US Corn Weekly Outlook: Prices Fall As Dollar Surges

The corn market was reduced to a standing eight count last Monday and Tuesday. Over that 2-day stretch, December corn futures closed down a combined 40-cents per bushel. The summer corn rally gave way to strong selling pressure last week. This was likely attributed to two key price drivers: A…

S&P 500 Futures Trading Outlook For June 27

Stock Market Futures Outlook for June 27, 2016 – S&P 500 futures bounced on Friday but has failed to hold gains as markets across the seas are down again in the wake of the EU referendum in Britain. If S&P 500 futures dip below 1999, we see another support level near 1994.5,…

Stock Market Update: The Fallout From Brexit

The UK voted to leave the European Union on Thursday which has resulted in turmoil in the global financial markets. Although the outcome of the Brexit vote was seen as close, it nevertheless came as a surprise given the level of pressure by the political powers in Europe. And this has…

Top Trading Links: Markets Exit On BREXIT

The financial markets rallied hard early last week after receiving information on polls showing that the UK would likely stay in the EU. But that proved to be misinformation (i.e. wrong). And stocks and financial markets used BREXIT to exit after the UK voted to leave the EU. What’s so crazy…

S&P 500 Futures Trading Outlook For June 24

S&P 500 Futures Trading Outlook for June 24, 2016  (ES_F) The EU Referendum (Brexit) surprised the market with a Britain vote to exit the EU. The currency markets are roiling as the British Pound falls in the wake of the news. And global stock markets are trading lower. S&P 500…

Global Market Review: Equities Trading Strong Into BREXIT

Mild gains across US equities come on the heels of European strength. The DAX and UK are leading. At the same time, the S&P 500 has trudged higher by only about 12 points in the last 4 days (but regained about 50% of what was lost since 6/8-6/16) In general, most…

S&P 500 Futures Trading Outlook For June 22

Futures Trading Outlook for June 22, 2016 – The S&P 500 futures (ES_F) chart continues to hold higher lows. Price support levels appear to develop in the 2075.75 region. Resistance sits in the 2086.25 to 2094.5 region. Bullish chart formations are currently in charge at this time, but charts have…

Bull Market Receives Stay Of Execution; But For How Long?

The following first appeared as the June 2016 edition of the J. Lyons Fund Management, Inc. Newsletter at www.jlfmi.com Positive developments in recent months may have extended the life of the bull market — but for how long?   “One more day to complete my service. One more high to…