Bill Cara’s Blog for Dec 24, 2012
CTA Trading Desk Morning Report
[7:00am ET] Good morning, Geoff here.
Stock futures are lower this morning which may be the start of the dip that I mentioned in the weekend report. We shall see if buyers come in like they did on Friday.
Gold is a few dollars higher, which is good news for those of us looking for a Daily swing low to form in order to place some long orders. When QEternity hits or is anticipated to hit the streets, precious metals will rally very hard to the upside and you want to be on that train when it leaves the station.
Many traders will not be working this week, so volume will be light.
While many children will be dreaming of the following tonight:
Have a wonderful and safe Holiday week!
Here are the 7:00am ET snapshots of the latest equity market trading results for Europe, and futures prices plus 5-minute charts of the futures for S&P 500, 30-year US Treasury Bond, US Dollar index, Gold and Crude Oil.
|Symbol||Name||Last Trade||Change||Related Info|
||7.40 (0.31%)||Components, Chart, More|
||7.80 (0.31%)||Components, Chart, More|
||9.33 (0.25%)||Components, Chart, More|
||35.87 (0.47%)||Components, Chart, More|
||0.39 (0.11%)||Components, Chart, More|
|^OSEAX||OSE All Share||494.90
||2.68 (0.54%)||Components, Chart, More|
||0.00 (0.00%)||Components, Chart, More|
||23.25 (0.34%)||Components, Chart, More|
||6.87 (0.12%)||Components, Chart, More|
||2.59 (0.25%)||Chart, More|
||3.18 (0.21%)||Chart, More|
|GD.AT||Athex Composite Share Price Index||896.88
||16.18 (1.84%)||Chart, More|
The team will check in during the day, reporting in the Discourse when there is a new entry.
Enjoy your day.