futuresinsightblog.com » Market Analysis

Swing Trader’s Insight Futures Watch List for September 8

Scott Hoffman — Wed, 08 Sep 2010 13:16:57 +0000

Japanese stocks were down two percent last night as the Yen hit a 15 year high against the USD. European financial stocks are down for the second day on worries about the health of Europe’s banking sector and sovereign debt. There’s also talk that world banking regulators are working on a deal to raise bank [...]

Swing Trader’s Insight Futures Watch List for September 7

Scott Hoffman — Tue, 07 Sep 2010 13:04:26 +0000

Concerns about the European financial system are resurfacing after reports that German banks will need to raise a large amount of capital to meet Basel II guidelines. PIMCO said Greece still faces ‘substantial’ default risk; the Greek Bond / German Bund spread rose to its highest level since the IMF bailout was crafted. This news [...]

Swing Trader’s Insight Futures Watch List for September 3

Scott Hoffman — Fri, 03 Sep 2010 13:06:31 +0000

The NFP report was market friendly. Overall August payrolls fell by 54K, but private sector payrolls rose by 67K. The private sector number was what traders focused on; helping to allay fears about a double dip. An improving employment picture could help many of the other economic problems. At 9 AM we get the ISM [...]

Swing Trader’s Insight Futures Watch List for September 2

Scott Hoffman — Thu, 02 Sep 2010 13:08:01 +0000

Asian stocks had a good night as the US manufacturing PMI report gave some confidence about the world economy. The ECB announced it will extend emergency lending operations to aid lending; this gave equities and the Euro a short term boost. In the US, jobless claims fell to 472K, this close enough to expectations and [...]

Follow Up on eMini S&P Futures

Scott Hoffman — Wed, 01 Sep 2010 14:44:28 +0000

Yesterday I wrote about the Buy day in the eMini S&P futures. Proving that the markets try to get you to do the wrong thing at the wrong time, late in the session they broke back to around where they opened, rather than the strong close we anticipate on a Buy day. The cautious move [...]

Swing Trader’s Insight Futures Watch List for September 1

Scott Hoffman — Wed, 01 Sep 2010 12:59:35 +0000

Chinese and Euro Zone PMI reports both came in better than expected. The Chinese PMI keeps hopes alive for the world economy. The EZ PMI along with decent auction results of Portuguese debt is giving the euro big strength. In the US, The Challenger report showed that planned layoffs are at their lowest level in [...]

Were You Selling When You Should Have Been Buying?

Scott Hoffman — Tue, 31 Aug 2010 18:22:13 +0000

The Taylor Trading Technique does a good job of highlighting how markets fool us into doing wrong thing at the wrong time. Today’s Buy day signal in the S&P futures was a good example of this. The daily chart for the September eMini S&P futures is below. Yesterday had bearish price action-it had the widest [...]

Swing Trader’s Insight Futures Watch List for August 31

Scott Hoffman — Tue, 31 Aug 2010 13:35:10 +0000

The Case/Shiller Home Price Index for June rose; this was stronger than expected and gave stocks a bit of a boost. Yesterday saw the slowest stock volume of the year. At 8:45 we get the Chicago PMI, the consensus is for a drop of 6.3 to 56.0. With a drop this big expected, a positive [...]

Swing Trader’s Insight Futures Watch List for August 30

Scott Hoffman — Mon, 30 Aug 2010 13:04:42 +0000

The BOJ held an emergency meeting; afterward they announced it will expand the size of its bank lending program in an effort to stimulate their economy. That move, combined with Bernanke’s “we’ll do all we can” speech on Friday started things out on a good foot last night. The good feelings faded this morning on [...]

Taylor Technique Buy day in eMini S&P Futures

Scott Hoffman — Fri, 27 Aug 2010 17:20:35 +0000

Today was a Taylor Trading Technique (TTT) Buy day for the S&P futures. It turned out to be a great example of what a Buy day should look like. (I write a futures trading advisory called Swing Trader’s Insight using the TTT. See more about STI here). The daily chart for the September eMini S&P [...]