Currently viewing the tag: "Meats"

The Windy City Trader. 05/23/17

On May 23, 2017 - 1:15 PM By

With Memorial Day approaching next week I for one offer my greatest thanks and gratitude to all of our military personal past, present and future and pray for their sacrifice and safety on this coming Memorial Day and always. I guess 18 year olds in past generations weren’t allowed the luxury of “safe spaces” to […]

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The Windy City Trader 05/02/17

On May 2, 2017 - 9:35 AM By

Hello Fellow Traders,
Yesterday was May Day and what better way to celebrate workers rights and the right to work than by taking the day off from work to protest for rights you already have.
Metals: Gold is holding up nicely near recent lows while silver has been bludgeoned for a $1.70 break […]

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The Windy City Trader. 04/11/17

On April 11, 2017 - 12:10 PM By

OK folks, with baseball season starting we can now say for the first time since 1909…. The World Champion Chicago Cubs !!!!!!!!
Metals: At this point it does not appear that we will see any huge moves for metals. Gold held up better than silver on the late break Friday and yesterday and copper […]

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The Windy City Trader 03/06/17

On March 6, 2017 - 2:20 PM By

Last fall into winter the LaNina’ pattern was entrenched along the Western US coast in the Pacific. This usually leads to nasty Midwest winters with plenty of cold and snow. By early December we had already seen temps in the single digits and a pair of 8 inch snowfalls. But then ……. A vicious polar […]

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The Windy City Trader 02/14/17

On February 14, 2017 - 9:53 AM By

February 14. I know I was supposed to do something today. Now what was that again. Birthday, no. Anniversary, no. It seems like something important but I just can’t put my finger on it. Oh well I’m sure I’ll remember when I get home tonight. This Week’s Commentary. Metals: I have been writing for weeks […]

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The Windy City Trader Report. 02/06/17

On February 6, 2017 - 4:59 PM By

Congrats to the New England Patriots as for a change the game overshadowed the much ballyhooed new commercials hype. OK all, two weeks until major league baseball players report to spring training, always a psychological boost to Midwesterners. This Week’s Commentary Metals: As expected the Fed did not raise rates last week and this extended […]

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The Windy City Trader. 01/23/17

On January 23, 2017 - 2:15 PM By

We are a mere two weeks ago from this year’s Super Bowl and everyone wants to know…. Will Tom Brady have deflated balls again….. or will they rise to the (13.0 psi) occasion? Deflategate ll, the Sequel? Metals: Gold and silver continue to hold near support and drop after testing resistance. Copper is holding with […]

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The Windy City Trader 01/18/17

On January 18, 2017 - 10:27 AM By

Metals: Gold and silver pushed to their almost exact resistance points as the Fed is backtracking on the timing of interest rate hikes. Copper pushed to the top of its range but I would wait for lower action there to buy. Gold; The Fed will raise rates again, but probably not until at least the […]

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The Windy City Trader. 01/10/17

On January 10, 2017 - 11:19 AM By

Metals: Copper has settled into a much higher range since the big rally after the election and gold and silver have stabilized and have been creeping higher since the bonds started advancing which shows a possible slower acceleration of rate hikes. Gold; From highs at $1350 in early November February gold pushed all the way […]

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The following  CME Group margins are changing at the close of business today: For a complete listing of CME Group Performance Bond requirements on Agriculture, Energy, and Metals Margins, go to: http://www.cmegroup.com/notices/clearing/2016/12/Chadv16-541.pdf?mkt_tok=eyJpIjoiWlRkak1UWmlaVEZpTnpjMCIsInQiOiJJMXVOelJoMElmTWdnUE9Fekx4eDFKSUY4cnpQY0JneHFZeUt4eFV5VCs2NFhBdGU3VzVVeVYwR0d0ZXNiMVEyRG12ZUlYeUdrdElqY3VYQ29wa1FYZkdBQ0pNbWE5Q1pxSWNNSG5DWUFiOEloVWcreWVLNGMxQytubDM5VFlHbyJ9
_____________________________________________________ Legend
EH: Exchange Holidays | LT: Futures Last Trading Day | OE: Option Expiration Day
FN: Futures First Notice […]

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Financials: March Bonds are currently 1 lower at 150’00, 10 Yr. Notes 5 lower at 124’10, 5 Yr. Notes 4 lower at 117’25 and June Eurodollars 1.5 lower at 98.825. Italy’s rejection of Prime Minister Renzi’s proposed reforms initially rallied the Bonds and Dollar but eventually these markets stabilized to current values. We have been […]

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