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17 Jun

Has Crude Oil Topped Out?

in Blog, crude oil futures, futures broker, heating oil futures, Mike Seery, natural gas futures, option broker, seeryfutures.com, unleaded gasoline futures

Energy Futures---The energy futures were lower across the board off session highs with crude oil finishing down 5 cents to close around 97.85 a barrel hitting fresh 9 months highs early in the trading session while rallying lately on concerns of increasing tensions in Syria.

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17 Jun

Where Are Cattle & Hogs Prices Headed?

in Blog, commodity trading, feeder cattle futures, futures broker, Lean hog futures, live cattle futures, Michael Seery, option broker, Seery Futures.com

Livestock Futures--- Livestock futures were higher this afternoon with live cattle in the August contract up 77 points at 119.10 selling off of session highs earlier in the day when prices hit 120.22 & rallied about 150 points in just a matter of minutes.

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12 Jun

Is The Energy Sector A Sell?

in Blog, crude oil futures, futures broker, heating oil futures, Mike Seery, natural gas futures, option broker, seeryfutures.com, unleaded gasoline futures

Energy Futures---The energy futures were higher across the board but off of session highs as the stock market finished on session lows pushing several of the commodity markets lower for the trading session while crude oil finished up $.40 at 95.87 a barrel still trading right near recent highs of the trading range but I’m becoming more bearish this sector because the longer prices stay up at these levels without moving higher improves the odd that a top mig

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10 Jun

Hog Prices Sharply Higher--Cattle Near Recent Lows

in Blog, commodity trading, feeder cattle futures, futures broker, Lean hog futures, live cattle futures, Michael Seery, option broker, Seery Futures.com

Livestock Futures--- Livestock futures were mixed this afternoon with July hogs trading limit up at one point which is 300 points or $1,200 per contract hitting a 5 month high as I’ve stated in many previous blogs I have been bullish the July hogs & I do think they can reach 100 possibly even as high as 105 settling up 165 points at 97.82 as profit taking set in towards the close.

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07 Jun

Energy Prices Continue Bullish Trend

in Blog, crude oil futures, futures broker, heating oil futures, Mike Seery, natural gas futures, option broker, seeryfutures.com, unleaded gasoline futures

Energy Futures-- The energy market rallied across the board this week as the EIA stated this week that crude supplies were down sharply this week by 6.3 million barrels compared to last week but still at a 10 year high and all-time highs for this time of year as prices are very resilient climbing about $4 from this week’s low settling near 96.00 up $1.25 for the day still stuck in a sideways pattern with no trend in sight.

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07 Jun

Hog Prices Continue Bullish Trend

in Blog, commodity trading, feeder cattle futures, futures broker, Lean hog futures, live cattle futures, Michael Seery, option broker, Seery Futures.com

Livestock Futures--- Livestock futures in Chicago are mixed today with lean hogs in the July contract trading higher for the 3rd straight trading session and I’ve talked about in many previous blogs stating a bullish position hitting another 4 month high up 40 points currently trading at 96.30 continuing its bullish momentum on the fact of increasing demand with a very bullish technical trading pattern as well.

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06 Jun

Will Crude Oil Hit $100?

in Blog, crude oil futures, futures broker, heating oil futures, Mike Seery, natural gas futures, option broker, seeryfutures.com, unleaded gasoline futures

Energy Futures-- The energy market rallied across the board today as the EIA stated that crude oil supplies were down sharply this week by 6.3 million barrels compared to last week but still at a 10 year high and all-time highs for this time of year as prices are very resilient climbing about $3 from this week’s low still stuck in a sideways pattern with no trend in sight.

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06 Jun

Hog Prices Hit 4 Month Highs On Demand

in Blog, commodity trading, feeder cattle futures, futures broker, Lean hog futures, live cattle futures, Michael Seery, option broker, Seery Futures.com

Livestock Futures--- Livestock futures in Chicago are higher across the board with lean hogs in the July contract which I’ve talked about in many previous blogs stating a bullish position hitting another 4 month high up 140 points currently trading at 96.00 continuing its bullish momentum on the fact of increasing demand with a very bullish technical trading pattern as well.

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05 Jun

Have Cattle Prices Bottomed? Hogs Near New Highs

in Blog, commodity trading, feeder cattle futures, futures broker, Lean hog futures, live cattle futures, Michael Seery, option broker, Seery Futures.com

Livestock Futures--- Livestock futures are lower across the board in Chicago this afternoon with live cattle for the August contract trading below its 20 and 100 day moving average with a possible double bottom on the daily charts at 118 also in a 3 week consolidation down around 50 points at 119.62 a pound and if you’re looking to take a shot to the upside my recommendation would be to buy a futures contract at today’s level & place a stop lo

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31 May

Hog & Cattle Markets Higher

in Blog, commodity trading, feeder cattle futures, futures broker, Lean hog futures, live cattle futures, Michael Seery, option broker, Seery Futures.com

Livestock Futures--- Cattle futures in Chicago were higher with live cattle for the August contract up 130 points currently trading at 120.40 a pound right near 2 week high with major resistance at 124.20 and it looks like to me that a possible double bottom may have been formed in the live cattle futures market.

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