US Markets

Historic Brexit Vote Rattles Markets; Treasury Bonds Gain

Last Thursday the markets were upbeat on the expectation that UK voters would vote to remain a part of the European Union. Then on Friday morning we learned that the ‘consensus’ was wrong and that the people of the UK voted to once again control their country’s destiny. The historic Brexit vote caught…

S&P 500 Futures Trading Outlook For June 21

S&P 500 Futures Trading Outlook for June 21, 2016 (ES_F) – In S&P 500 futures trading, the charts continue to bounce showing higher lows, and a push to resistance for a second day. For lunar and cycle folks, today is the summer solstice. We will see the most sunlight of the…

Aaron Jackson: My Favorite Financial Market Follows

I put together a list of my favorite financial market follows, in no particular order. This wasn’t an easy task, but it also comes with a caveat. There are a lot of great resources out there on Twitter and StockTwits and the like.  Please feel free to share some of yours….

S&P 500 Futures Trading Outlook For June 14

S&P 500 Futures Trading Outlook for June 14, 2016  (ES_F) Charts dipped yesterday and that dip has held as we begin Tuesday, and the FOMC meetings begin. As a reminder, all classes of options expire this week. This environment usually sends us into at least one day of big volatility….

Financial Markets Update: Brexit Adds To Currency Concerns

May was an eventful month, as moderate oil prices and continued US Dollar strength took their toll around the world. Crude oil exporters such as Venezuela, Saudi Arabia, Nigeria, the United Arab Emirates, have devalued their currencies or are concerned that they must. Other nations below the radar are also facing…

Will 2016 Government Spending Be Bullish For Stocks?

2016 Government Spending Set To Rise At Fastest Rate Since 2009 Economic stimulus typically takes one of two forms: monetary policy via central banks or fiscal policy via governments. Central banks have been left to do the heavy lifting in recent years. That may be on the verge of changing…

Labor Market Momentum Fades As Hiring Cools Down

Key Takeaway: Reported jobs growth fell short of expectations in May, but monthly jobs report data are noisy. Slowing jobs growth and rising compensation may reflect labor supply issues rather than weaker labor demand. Broader measures of labor market health have cooled, and this could keep the Federal Reserve on…

S&P 500 Futures Update: Can Bulls Keep The Momentum?

S&P 500 futures outlook for June 8, 2016 – ES_F –Breakout formations grinding higher this morning after a day of consolidation at these breakout levels, and momentum continues to hold higher levels, but is now flattening. Overall, patterns still look bullish, with the best behavior of removing at targets above…

Finding Your Trading Edge… And Using It!

Want one of the quickest and easiest ways to quantify your edge? Every time you place an initial stop, place an initial profit target symmetrically on the other side of the trade. So if you go long at 110 and your stop is at 105, place your profit target at…

U.S. Corn Weekly Report: Fundamentals Lagging Prices

Corn summary WEEK ENDING 6/3/2016:  As of Friday’s closes (6/3), December corn futures traded up 6 ¼-cents per bushel week-on-week, closing at a new 2016 calendar year high of $4.19 ¾. Monday’s Crop Progress report showed U.S. corn planting progress improving to 94% as of May 29th versus 94% in…