Commodities – Record U.S. Beef Sales Seen as Japan Reviews Curbs on Cattle

February Cattle are currently trading 120 higher @ 125.77 U.S. farmers, poised to ship record beef cargoes for a second straight year, may get a further boost as Japan, once their biggest overseas customer, considers easing trade curbs imposed after an outbreak of mad-cow disease. Sales to Japan may jump 43 percent to 202,100 metric tons, [...]

Webinar By John Crane ; Action-Reaction, With Market Timing Intelligence

  Action-Reaction, With Market Timing Intelligence Join us for a Webinar on December 15 Space is limited. Reserve your Webinar seat now at: https://www1.gotomeeting.com/register/213336344 Join us for a live webinar, where veteran trader, John Crane, uses real-time charts to teach his Action/Reaction trading strategy. Learn how John uses time, price and patterns along with a [...]

Jobless claims top top the 400,000 mark…again!

Claims for unemployment insurance unexpectedly rose last week, climbing past the psychologically important 400,000 mark as the jobs market showed signs of more weakness.  Weekly applications for unemployment benefits rose 6,000 to a seasonally adjusted 402,000, the Labor Department said Thursday. Applications had been below 400,000 for three straight weeks.  http://www.cnbc.com/id/45506837

Join us for a Webinar – Swing Trading, Market Timing

Join us for live webinars, where veteran trader, John Crane, teaches you his Action/Reaction trading strategy. Learn how John uses time, price and patterns along with a selective set of Elliott Wave and Fibonacci principles to analyze the market action and project future market swings.Now you can Unlock John Crane’s Reversal Timing magic.John says, “The [...]

Traders News – Morning update

Euro Increases Versus Dollar as Italy Meets Maximum Target at Bill Auction   The euro rose against the dollar after yesterday’s biggest drop in more than a year as Italy raised the full amount it planned at a bill sale, easing concern the nation is struggling to fund itself.  http://www.bloomberg.com/news/2011-11-09/euro-drops-to-two-week-low-versus-yen-before-italy-auctions-one-year-bills.html   Crude Rises Near Three-Month High [...]

MF Global fails and Traders Network shines

For those of you who have had accounts with MF Global, I’m sure you have experienced stress with their bankruptcy and may be wondering what to do or where to turn. Having gone through a similar experience in 1989, when Stotler & Company, a large FCM, filed for bankruptcy, I was relieved to find a futures brokerage [...]

Grain Report : Future Broker, Future Trading

US ’11/12 corn end stocks 7 pct larger than expected * Soy stocks 12 pct below trade, wheat 14 pct larger * USDA corn, soy crop estimates down 1 pct, as expected * Lowest corn yield since 2005, soy second lowest since 03