Tag : option trading S&P 500

Seery Futures  Daily Commodity Comments For 5-1-19
Seery Futures Daily Commodity Comments For 5-1-19

Copper Futures—Copper futures in the July contract is sharply lower this Wednesday afternoon in New York down 800 points currently trading at 2.8240 a pound as prices have now hit a 10 week low. I have talked about copper on multiple occasions and if prices close below 2.84 I will be recommending a short position while placing the stop loss…

Daily Commodity Report 4-30-19
Daily Commodity Report 4-30-19

  Coffee Futures—Coffee futures in the July contract is currently trading higher by 90 points at 93.55 a pound as prices are right near a 2 week high as it looks to me that a possible spike bottom may have been created on April 17th at 89.00 as I’m keeping a close eye on a bullish position. Coffee prices are…

Seery Futures Daily Commodity Comments 4-29-19
Seery Futures Daily Commodity Comments 4-29-19

Soybean Futures—Soybean futures in the July contract are unchanged at 8.67 a bushel as heavy rains have entered the midwestern part of the United States as we are awaiting the weekly crop planting progress report which will be released this afternoon. If you have been following any of my previous blogs you understand that I am bearish soybean prices as…

Where Are Commodity Prices Headed ?
Where Are Commodity Prices Headed ?

Soybean Futures—Soybean futures in the July contract is trading lower for the 2nd consecutive session down another 15 cents at 8.75 a bushel hitting a 6 month low as the bearish trend is accelerating to the downside. The next major level of support is the contract low which was hit on September 18th at 8.63 and I believe that will…

Mike Seery Talks The Commodity Markets
Mike Seery Talks The Commodity Markets

S&P 500 Futures—The S&P 500 in the June contract is currently trading at 2906 down 4 points in a very quiet trade this Monday afternoon in Chicago as the volatility remains exceptionally low. If you have followed any of my previous blogs you understand that I’m very bullish the U.S equity market despite today’s slight sell off as I do…