lumber futures

17 Jan

Cotton Prices Continue Bullish Trend

in Blog, coffee futures, commodity trading, cotton futures, futures trading, lumber futures, Mike Seery, orange juice futures, seeryfutures, sugar futures

Cotton Futures--- Cotton futures in the March contract finished up 71 points at 82.14 continuing its bullish momentum looking to retest last Fridays high of 84.65 as this trend still remains strong in my opinion as the U.S dollar rallied today, but is still right near a 3 year low helping support many of the commodity sectors here in the short-term.

17 Jan

Looking To Buy Sugar

in Blog, coffee futures, commodity trading, cotton futures, futures trading, lumber futures, Mike Seery, orange juice futures, seeryfutures, sugar futures

Sugar Futures--- Sugar futures in the March contract have now trade lower for the 9th consecutive session continuing its remarkable plunge to the downside over the last couple of weeks hitting a new contract low in today's trade.

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16 Jan

Orange Juice Near A 3 Week High

in Blog, coffee futures, commodity trading, cotton futures, futures trading, lumber futures, Mike Seery, orange juice futures, seeryfutures, sugar futures

Orange Juice Futures---Orange juice futures in the March contract settled up 420 points to close at 140.40 right near a 3 week high as I'm currently not recommending any position in this market as I was bearish in the month of December as prices completely fell out of bed bottoming out around the 132 level, but at this point in time I'm looking at a possible bullish position in the coming weeks ahead.

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16 Jan

I Remain Bullish Cotton Prices

in Blog, coffee futures, commodity trading, cotton futures, futures trading, lumber futures, Mike Seery, orange juice futures, seeryfutures, sugar futures

Cotton Futures---Cotton futures in the March contract are currently trading lower by 28 points at 81.40 this afternoon in New York after having a wild trading session last Friday off of the USDA crop report sending prices to a contract high of 84.65 only to settle lower for the trading session.

16 Jan

Cocoa Near A 5 Week High

in Blog, coffee futures, commodity trading, cotton futures, futures trading, lumber futures, Mike Seery, orange juice futures, seeryfutures, sugar futures

Cocoa Futures--- Cocoa futures in the March contract are trading higher by 17 points at 1931 as I've been talking about a bullish trade if prices break 1953 on a closing basis while then placing the stop loss under the 2 week low of 1836 risking about 1,200 plus slippage & commission.

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12 Jan

Was That The Top In Cotton ?

in Blog, coffee futures, commodity trading, cotton futures, futures trading, lumber futures, Mike Seery, orange juice futures, seeryfutures, sugar futures

Cotton Futures---Cotton futures experienced a wild trade with high volatility to end the week settling last Friday in New York at 78.01while closing today at 81.68 up about 360 points for the trading week however selling off sharply from early session highs as we traded up to 84.65 before the USDA report was released sending prices negative for the trading session.

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12 Jan

Coffee Continues Choppy Trend

in Blog, coffee futures, commodity trading, cotton futures, futures trading, lumber futures, Mike Seery, orange juice futures, seeryfutures, sugar futures

Coffee Futures---Coffee futures in the March contract settled last Friday at 128.45 while currently trading at 121.45 down about 700 points for the trading week lower for the 6th consecutive session looking to retest major support at the 120 level in my opinion.

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12 Jan

Are Cocoa Prices Going Higher ?

in Blog, coffee futures, commodity trading, cotton futures, futures trading, lumber futures, Mike Seery, orange juice futures, seeryfutures, sugar futures

Cocoa Futures--- Cocoa futures in the March contract is currently trading at 1909 after settling last Friday in New York at 1895 up slightly for the week as I've been talking about a bullish trade if prices broke 1953 on a closing basis as we traded above that level twice this week, but was unable to close above that breakout level.

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11 Jan

Sugar Lower 7th Day In A Row

in Blog, coffee futures, commodity trading, cotton futures, futures trading, lumber futures, Mike Seery, orange juice futures, seeryfutures, sugar futures

Sugar Futures--- Sugar futures in the March contract have now traded lower for the last 7 consecutive sessions remaining in an extremely choppy pattern as I am not currently involved in this market as I am advising clients to avoid this commodity at the present time.

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11 Jan

Cotton Prices Up 250 Points Hitting New Highs

in Blog, coffee futures, commodity trading, cotton futures, futures trading, lumber futures, Mike Seery, orange juice futures, seeryfutures, sugar futures

Cotton Futures--- Cotton futures in the March contract are sharply higher this Thursday in New York up another 250 points at 82.15 anticipating a highly bullish USDA crop report which comes out tomorrow afternoon as we have now traded higher for the 4th consecutive trading session.

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