TradingFloorCom asked:

www.tradingfloor.com Trading Floor editor Andrew Arnold speaks to equity strategist Christian Blaabjerg about the FOMC meeting minutes and what they say about the state of the US economy. Also: gold and why the equities market might be taking an early Christmas holiday … Forex Trading “Commodity Trading” “Currency Trading” “FX Analysis” “FX Market News” “Trading Analysis” “Saxo Bank” “Futures Trading” “Equity Analysis” “Economic Calendar” “Economic Forecast” stocks bondscommodities …

It all started November 21st, to be exact. But by Wednesday and Friday of the week before last the market again saw institutions starting to buy shares of beaten down stocks by way of follow-through action, and we noted some solid action among breakout stocks.

Now, we’ve seen fizzled rallies before during the recent downturn, so before we break out the party favors, let’s realize that a substantial, unfavorable news story or two could destroy all the glad tidings.

But the simple fact that the market rallied despite a horrid employment report indicating that 533,000 jobs were lost– 1.3 million lost in the last 3 months– indicates that the market is looking beyond the current headlines to potentially better times.

It almost seems as though the naysayers have beaten the same drum for so long, that the market is rallying on anything even remotely suggesting better times.

Still unsure? So are we. But consider this. We’ve seen unprecedentedly awful employment numbers, woeful consumer spending, plunging consumer confidence, contracting manufacturing and fears– no, likelihood– of a global recession, and still, here we are with a market that’s following through.

Let’s take a closer look at the “glass half full” part of the equation. We have the prospect of breakthrough negotiations in handing the “big 3″ automakers their badly needed infusion, a democratic party-conceived stimulus package shortly after Obama enters the White House in January, drastically declining oil prices, interest rates near zero, and companies for whom the earnings bar has been set so low that they almost can’t help but exceed expectations.

Perhaps one of the most telling harbingers of better things to come is the action of leading stocks, which, one by one are starting to set up in double bottoms, cup and handle patterns and such. Leading stocks are the proverbial canaries in the coal mine. They’re typically the first stocks out of the chute when conditions start to improve. You’ve doubtless heard the old saw that the market tends to “climb a wall of worry.” Well maybe. Just maybe, that’s starting to happen.

Already, we’ve seen several stocks break out, and hold onto their gains. There are more lining up as we speak. Continued action along these same lines will tell us if the current rally has any staying power, so pay attention! Don’t expect the market to give you any more by way of a “sneak preview” before it starts moving up again.



By: Paul Johnson

About the Author:

Susiepolls2008 asked:


Obama?

Should public offices be traded like a commodity for endorsements and support of a candidate like this?

anilwyd asked:


I am interested in investing in Jeera futures. Now Jeera September contract trades at 13000. what is the outlook /
will it go up further ?

Mike asked:


Is trading commodities smiliar to trading stock option contracts? Calls, puts, exercising, expirations, etc.?

socrates asked:


My main account is with Scottrade.It is fine for stocks but trading options with them is more expensive than buying stocks. I would like to be able to sell naked puts and calls(for buying spreads,straddles,etc) Suggestions? Also,are there firms that allow you to buy otions of commodity futures or do you have to open a commodity account?

farafenni10 asked:


The triangular slave trade was betweem the USA, United Kingdom and Africa

daytradetowin asked:

point profit hit … “online day trading” “live trading” “live day trading” “online daytrading” profits “at the open” indicators “john paul” daytrade “day trade” “daytrading online” “daytrading live” “stock trading” commodities commodity “commodity trading” emini “Daytrading S&P” “S&P e-mini” “S&P emini” investing “ninja trader” tradestation ninjatrader “free ebook” “candlestick charts” “price action” money proftis daytrader trader “making money” “how to day trade” “day trading the emini …

vj2651 asked:


I currently import data from my trading software into excel (column A). The problem is that commodities trade in 1/8ths instead of 1/10′s. What I mean by this is that when the imported data shows 300.4 it is really 300.5. When it shows 300.2 it is really 300.25. When it shows 300.7 it is really 300.875. I currently manually change all the numbers myself to convert them to 1/10′s. I figured out a equation that will convert the numbers =INT(D18)+(D18-INT(D18))*10/8 for me. Right now I just insert the formula in column B and get the numbers I need.

My question is would it be possible to write a macro that will convert the numbers for me and replace the old numbers with the revised numbers? Basically I want to replace the imported data in column A with the new numbers created from the formula in column A. I know it would be easy to just use the numbers in column B and paste them over into column A but I like the idea of just importing the data and clicking a button to convert them to 1/10′s.

I know this sounds confusing so let me know if you need any more details. Basically I want the numbers created from the formula above to replace the numbers in column A. I do not want to use column B to convert the numbers. Thanks
Thanks again cozmosis. You just made me work life much easier (saved me about 20 min a day). Thanks again for the original formula and the macro

J.B. Holiday asked:


In Corn Country, McCain Says No To Ethanol Support

DES MOINES, Iowa – Republican presidential candidate John McCain didn’t mince words Friday at the Iowa State Fair, telling corn producers he didn’t want to subsidize their ethanol but was eager to help market farm products around the world.

“My friends, we will disagree on a specific issue and that’s healthy,” McCain said as he stood near bales of straw at one of the nation’s premier farming showcases. “I believe in renewable fuels. I don’t believe in ethanol subsidies, but I believe in renewable fuels.”

McCain has never been shy about speaking against subsidizing ethanol when he is in farm country, though that stand helped to make him unpopular enough in Iowa that he skipped participating in its leadoff presidential caucuses in 2000 and put much less emphasis on them in 2008 than many of his opponents.

In a brief speech at the fairgrounds — where he viewed a 1,253-pound boar named Freight Train and looked for pork chop on a stick, a fair delicacy — McCain pledged to negotiate trade deals favorable to farm commodities.

“My mission and my job as president of the United States will be to make sure every market in the world is open to your products,” he said.

McCain met with Iowa Agriculture Secretary Bill Northey during his fairgrounds tour and promoted expanded pork exports as a boon to the nation’s leading hog-producing state. He said a free-trade deal with South Korea could boost profits by $10 a hog.

“Agriculture products here in the state of Iowa can feed the world and we’re not afraid to compete with anybody,” he said.

McCain said his visit gave him a chance to “meet and greet the real America.”

“This is the heartland of America, this is what America is all about, this is the people I want to know and meet,” he said.

Democrats in the state said McCain’s opposition to ethanol subsidies and the $300 billion farm bill would make it difficult for the Republican to win Iowa’s seven electoral votes and would hurt him throughout the Midwest. McCain called the bipartisan farm bill “bloated” and an example of the kind of spending measure he would veto as president.

“He voted against ethanol subsidies, he’s opposed to the farm bill,” Iowa Democratic Chairman Scott Brennan said. “What it proves is he doesn’t care about what’s important to Iowa.”

http://news.yahoo.com/s/ap/20080808/ap_on_el_pr/mccain;_ylt=AqyuE0quOMnntkBft6weBBADW7oF