TRADING THEORY—Never answer a margin call because you are probably over trading and most likely the position is going against you and probably have lost much more than 2% on that trade. Never allow this to happen to you because you always want to have sufficient margin in your trading account just in case the exchange raises margin and that…

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S&P 500 Futures—The S&P 500 in the June contract settled last Friday at 2912 while currently trading at 2901 down slightly for the trading week still hovering right near an all time high. The NASDAQ 100 hit an all time this week as the tech sector continues to be the leader out of the U.S equity markets as I still…

Coffee Futures—Coffee futures in the July contract is trading lower for the 2nd consecutive trading session down another 295 points at 90.00 a pound hitting a 14 year low as increased supplies are to blame. Coffee at the current time is probably the most bearish commodity as it continually grinds lower on a weekly basis as the May contract is…

Wheat Futures—Wheat futures in the May contract is lower by another 13 cents at 4.49 a bushel under pressure for the 2nd consecutive trading session hitting a 4 week low. The grain market in general continues to grind lower as there is nothing bullish about the agricultural sectors at this time as we await for some type of trade agreement…

Cotton Futures—Cotton futures in the July contract finished lower by 53 points at 78.47 reacting negatively off of the WASDE crop report released this afternoon as the fundamental picture in the short term still looks bearish. Weak demand coupled with a slightly higher carryover level sent prices lower today, but in my opinion I think prices held up relatively well…

Corn Futures—Corn futures in the December contract finished unchanged at 3.89 a bushel which is considered the new crop and is currently being planted in the Midwestern part of the United States as I will now focus on this contract for the rest of the growing season. The WASDE crop report was released today stating that carry over levels increased…

S&P 500 Futures—The S&P 500 in the June contract is breaking a 4 day winning streak down 12 points at 2886 as traders are awaiting earnings season which will kick off this Friday as that will certainly send volatility back into this market. The 10-year note is currently yielding 2.50% as that is a bullish fundamental factor towards all equity…

Silver Futures—Silver futures in the July contract is trading slightly higher for the 3rd consecutive session bouncing off of major support around the 15.00 level last week as I think a possible short-term bottom is at hand. At the present time I do not have any recommendations in the precious metals, but I do think prices will move higher despite…

S&P 500 Futures—The S&P 500 in the June contract is trading lower by 4 points at 2892 breaking a 3 day winning streak in a relatively quiet trading session this Monday afternoon in Chicago. Earnings season will start next week as that certainly could send volatility back into this market as we continually early grind higher on a weekly basis…