Commodity Clues & News You Can Use for the week starting 5/31/2011

Aside from Tornadoes, Earthquakes, Floods, commodity prices still move on: Supply and Demand. Government Reports and other Economic Releases. Option Expiration's, First Delivery Days, and Last Trading Days.
By: Quant Trade
 
May 31, 2011 - PRLog -- Find out more at: http://www.fractalfinance.com


Last Weeks HEADLINES That Moved Markets

Mother Nature Still Angry! Deadly Tornadoes Hit a Dozen States More Storms Predicted

The Dollar Index on the Week Higher With a Range of $74.895-76.54

Crude Range for the Month of May at This Point $94.63-$114.83 With High Volatility

Flight to Quality as Usual Offers Support to Gold; Silver Still Hurt by Margin Increases

Flight to Quality Trade in Bonds, Swiss and Aussie see Strength as Well

European Sovereign Debt Concerns PushMost Markets Lower

Indices Have Four Down Weeks in a Row

Rating Agencies Down Grade Belgium as if Greece and Portugal Weren't Enough

10 Year Note Yields Move Closer to the 3% Mark ... Go As Low As 3.08%

Speculation is Wild Over What the Fed May Say as the End of QE2 Nears

Slow Economic Growth Globally Weighs on Traders Minds

Chicago Fed, Final Q1 GDP, Construction, Housing Data, Weekly Claims, and Durable Goods all Disappoint this Week.

Moody Announces They May Cut Ratings on 14 European Banks and Warns on Greece

Comments and Opinions:

Be "Fractal 4 Warned!!" Typical of Holiday weeks volume is light, volatility swings, and ranges can be sharp. Many Traders have and are working into old crop/new crop Bean spreads. The July/Nov spread, most widely used, can be very volatile and typically carries quite a bit of risk. I think to defend a position of this nature a good amount of risk capital
should be on hand. Weather conditions are critical to Ag's at this time. I.E. Soft Spring Wheat (Chicago) and corn has planting behind due to floods and heavy precipitation where as the Hard Red Winter Wheat (K.C.) is having its problems with drought like conditions.

Dramatic and sharp swings in open interest continue as uncertainty grows over European Debt. I think this will carry forward while Fund Managers typically move to re-balance, as the June Cycle rolls to Sep., QE2 nears its end, and the Third Quarter gets underway.

Stocks and Commodities can have "knee Jerk" reactions to the likes of Rajatnam's insider
trading, or Strauss-Kahn's indictment, or other headlines. You can use the news to try and anticipate how the fundamentals may move markets, or you can take emotions and headline risk out of your trading.

Be "FF4 Armed", trade wisely and with care ... Pete

Find out more at: http://www.fractalfinance.com

Weekly Release of NEWS YOU CAN USE

Economic Releases (All Times EST)

May 30, through June 03, 2011

 Monday, 05/30/11

U.S. Memorial Day: In Remembrance of all who have fallen, served, and continue to serve

 Tuesday, 05/31/11

• 9:00 AM: S&P Case-Shiller Home Price Index
• 9:45 AM: Chicago PMI
• 10:00 AM: Consumer Confidence, State Street Investor Confidence index
• 11:00 AM: 4-Week Bill Announcement
• 11:30 AM: 3&6 Month Bill Auction
• 3:00 PM: Farm Prices

 Wednesday, 06/01/11

• 7:00 AM: MBA Purchase Applications
• 7:30 AM: Challenger, Gray, and Christmas Job-Cut Report
• 7:45 AM: ICSC-Goldman Store Sales
• 8:15 AM: ADP Employment Report
• 8:55 AM: Redbook
• 10:00 AM: ISM Manufacturing Index, Construction Spending
• 11:30 AM: 4-Week and 52-Week Bill Auctions

 Thursday, 06/02/11

• 6:00 AM: Monster Employment Index
• 8:30 AM: Weekly Jobless Claims, Productivity Costs
• 9:00 AM: 3&10 Year Note Announcement, 30 Year Bond Announcement
• 10:00 AM: Factory Orders
• 10:30 AM: EIA Natural Gas Report
• 11:00 AM: EIA Petroleum Status Report
• 11:00 AM: 3&6 Month Bill Announcement
• 4:30 PM: Fed Balance Sheet & Money Supply

 Friday, 06/03/11

• 8:30 AM: U.S. Employment Situation

Find out more at: http://www.fractalfinance.com

WEEKLY RELEASE OF COMMODITY CLUES

“Praemonitus, Preaeumnitus”

Quant Trade's Version: "4WARNED IS 4ARMED"

May 30 TO June 03, 2011 (all times CEN)

 Monday, 05/30/11 Memorial Day

• Remember All Who Have Fallen, Served, and Continue to Serve!
• Spring Bank Holiday U.K.
• LTD: Hang Seng, H-shares Futures & Options

 Tuesday, 05/31/11

• Chicago PMI, Consumer Confidence 9:00 AM
• Export Inspections 10:00 AM
• Crop Progress 3:00 PM
• FND: June Notes, Bonds, and Metals
• LTD: May Fed Funds, June Brazilian Real, Heating Oil, RBOB Gas,
• LTD: LDN Coffee, Tocom Crude, SICOM Rubber
• LTO: May Fed Funds, June Brazilian Real
• LTO: Euro Bobl, Euro Bund, Euro Schatz, Lumber
• LTO: TOCOM Gold, TSE JGB

 Wednesday, 06/01/11

• Dairy Products 7:30 AM
• Construction Spending, ISM Manufacturing Index 9:00 AM
• API Energy Stocks 9:30 AM

 Thursday, 06/02/11

• Export Sales, Weekly Initial Jobless Claims 7:30 AM
• Factory Orders 9:00 AM
• EIA Gas storage 9:30 AM

 Friday, 06/03/11

• Dairy Product Prices 7:30 AM
• May Employment Situation 7:30 AM
•ISM Non-Manufacturing Index 9:00 AM
• LTO: June Aussie 90 Day Bills, Currencies, Gas Oil, Cattle, U.S. Dollar, Jul ICE Cocoa

Government and Exchange dates can change without notice, for 2 Yr. Notes Dates are Subject to change based on U.S. Treasury choice on Note Issue Day.

Quant Trade LLC provides this for informational purposes only. The information contained herein has been compiled from sources deemed to be reliable and accurate to the best of our knowledge. Quant Trade LLC cannot guarantee its accuracy. This information is subject to change at any time. All information contained should be independently verified. Quant Trade does not accept any liability for any loss or damage caused by reliance on this information.

Risk Disclosure Statement:

The risk of loss in trading commodity futures contracts can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. You may sustain a total loss of the initial margin funds and any additional funds that you deposit with your broker to establish or maintain a position in the commodity futures market. Past performance is not indicative of future results. We recommend that you learn more from the Commodity Futures Trading Commission (CFTC) or the National Futures Association.

# # #

Quant Trade Technologies, Inc. is a trading technology and consulting firm. Our specialty is the application of Chaos theory to the financial markets. We are dedicated to bringing unique services to the marketplace that are applicable in the real world.

Find out more at: http://www.fractalfinance.com
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Source:Quant Trade
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