cattle options

live cattle futures

August 26th, 2013

Cattle prices advanced the most in almost two weeks on speculation that U.S. beef supplies will shrink as feedlots add fewer animals. Hog futures rose.

About 10 percent fewer cattle were added to feedlots last month compared to July 2012, government data showed on Aug. 23, after the close of regular trading. Corn prices climbed as much as 5.7 percent on the Chicago Board of Trade as a heat wave in the Midwest threatens crop yields. Animals use more energy to stay cool during higher temperatures, curbing weight gains.

“The cattle-on-feed report was positive,” Don Roose, the president of U.S. Commodities Inc. in West Des Moines, Iowa, said in a telephone interview. “The grain moving higher should be supportive. The other issue is the intense heat typically cuts weights.”

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commodity brokers

commodity investing 101

August 25th, 2013

Commodity Investing: Hedge funds and other speculators raised bets on higher gold prices to the most in six months as signs of slowing U.S. growth drove bullion above $1,400 an ounce for the first time since June.

The net-long position increased 29 percent to 73,216 futures and options by Aug. 20, U.S. Commodity Futures Trading Commission data show. Short contracts fell for a second week and to the lowest since Feb. 12. Net-bullish holdings across 18 U.S.-traded commodities jumped 34 percent, the most since July 2010, as wagers on copper and soybeans more than doubled.

Sales of newly built homes in the U.S. declined more than 13 percent in July and consumer confidence fell in the week ended Aug. 18, signaling a pause in economic expansion. The reports increased speculation the Federal Reserve will look for further signs of growth before easing stimulus. Gold rallied 18 percent from a 34-month low in June as Asian demand for jewelry strengthened and investors speculated the U.S. central bank will taper its monthly bond buying.

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bond futures

bond futures rise

May 20th, 2013

Bond Futures – The longest decline in Treasuries this year has left U.S. government debt the cheapest since March 2011 when measured by real yields and the best relative value compared with German bunds in more than two decades.

After inflation, 10-year U.S. notes yielded 0.91 percent last week, or 1.77 percentage points more than real yields on U.K. gilts, the widest spread in 25 months. Versus Germany, the securities are the least costly in 23 years when adjusted for the recent record-low interest rates around the world that distorted the normal relationship, according to FTN Financial.

Federal Reserve Chairman Ben S. Bernanke is counting on Treasuries to contain borrowing costs as the central bank buys $85 billion a month in securities to sustain the economic recovery that lifted U.S. consumer confidence to the highest in almost six years. The better relative yield for U.S. bonds may help bolster demand even as Warren Buffett said this month that he pitied fixed-income investors because of about record-low interest rates.

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Natural Gas Climbs for Second Day

On May 20, 2013, in natural gas futures news, by Infinity Trading
natural gas options

natural gas futures climb

May 20th, 2013

Natural gas futures advanced for a second day in New York on forecasts for above-normal temperatures that would boost demand for the power-plant fuel.

Gas gained as much as 2.6 percent after Commodity Weather Group LLC in Bethesda, Maryland, predicted warmer-than-average weather in the Northeast and Great Lakes region through May 24. The high in New York on May 22 may be 82 degrees Fahrenheit (28 Celsius), 10 more than usual, according to AccuWeather Inc. in State College, Pennsylvania.

“The weather continues to confound the bears,” said Phil Flynn, a senior market analyst for Price Futures Group in Chicago. “Temperatures have gone from colder than normal to warmer than normal. There’s been an incredible amount of volatility with the weather situation.”

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s&p 500 options

s&p 500 futures advance

May 17th, 2013

S&P 500 Futures – U.S. stocks advanced, putting the Standard & Poor’s 500 Index on track for its fourth straight week of gains, as gauges for leading indicators and consumer sentiment advanced more than estimated.

Northrop Grumman Corp. climbed 3.8 percent after increasing its share-buyback program by $4 billion. Boeing Co. and JPMorgan Chase & Co. added added more than 2 percent to pace gains in the Dow Jones Industrial Average. (INDU) J.C. Penney Co. slid 3.7 percent after its first-quarter loss widened.

The S&P 500 (SPX) rose 0.5 percent to 1,658.59. at 11:55 a.m. in New York. The equity benchmark is heading for a 1.5 percent weekly gain. The Dow advanced 61.95 points, or 0.4 percent, to 15,295.17, a fresh record. Options contracts on stocks, exchange-traded funds and indexes expire today, leading investors to adjust their holdings of some securities. Trading of S&P 500 stocks was 3.4 percent higher than the 30-day average at this time of day.

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crude oil brokers

Crude oil futures decline

May 16th, 2013

Crude Oil – West Texas Intermediate crude fell for the fifth time in six days amid signs of economic weakness in the U.S. and Europe that threaten fuel demand.

Crude oil futures slid as much as 0.4 percent in New York. U.S. industrial production dropped the most in eight months in April, manufacturing in the New York region unexpectedly shrank in May and the euro-area economy contracted more than forecast in the first quarter. A measure of U.S. fuel consumption declined by 584,000 barrels last week to 18.5 million barrels a day, Energy Information Administration data yesterday showed.

“All the key players on the demand side basically see muted growth,” said David Lennox, a resource analyst at Fat Prophets in Sydney. “That will put significant downward pressure on crude prices. The EIA numbers, especially diesel, have shown for the last couple of weeks a weakening trend.”

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bond options

bond futures drop

May 9th, 2013

Bond Futures – U.S. 30-year bonds rose, pushing the yield down from the highest in a month, amid speculation rates near 3 percent and falling inflation expectations will attract investors when the nation sells $16 billion of debt today.

The securities advanced for a second day before a government report that economists said will show initial claims for jobless insurance climbed from a five-year low last week. Treasuries have returned 0.4 percent in 2013, according to Bank of America Merrill Lynch indexes, even as equities have surged, as the Federal Reserve’s debt purchases kept borrowing costs under downward pressure.

“Treasuries have been remarkably resilient despite the rally in global equities, reflecting abundant liquidity provided by central banks,” said Nick Stamenkovic, a strategist at RIA Capital Markets Ltd. in Edinburgh. “The recent concession at the longer end should ensure the 30-year bond auction is comfortably absorbed.”

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Gasoline Follows WTI Crude Higher

On May 8, 2013, in gasoline futures trading news, by Infinity Trading
unleaded gasoline futures

gasoline futures rise

May 8th, 2013

Gasoline rose, following West Texas Intermediate crude higher, after an industry report yesterday that oil inventories at the storage hub of Cushing, Oklahoma, declined last week.

Gasoline futures gained as much as 0.6 percent. WTI rose 0.8 percent and its discount to Brent crude on ICE Futures Europe narrowed to $8.29 a barrel, the lowest level since January 2012. Gasoline’s crack spread versus WTI narrowed 11 cents to $23.27 a barrel, and the fuel’s premium over Brent widened 40 cents to $14.

“It’s following WTI and waiting for the big report today to see if there’s any indication of demand,” said Phil Flynn, senior market analyst at Price Futures Group in Chicago.

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Copper Gains to Highest in Three Weeks

On May 7, 2013, in Copper Futures News Report, by Infinity Trading
copper futures brokers

copper futures gain

May 6th, 2013

Copper futures climbed to the highest level in three weeks on speculation that demand may improve in China, the biggest user. Aluminum and lead also advanced.

Copper for delivery in three months gained as much as 1.4 percent to $7,374 a metric ton on the London Metal Exchange, the highest level since April 15, and was at $7,325 at 10:44 a.m. in Shanghai. The metal recorded the biggest daily advance in 18 months on May 3. The LME reopened after a holiday yesterday.

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U.S. Stock Futures Little Changed

On May 6, 2013, in S&P 500 futures news report, by Infinity Trading
emini s&p futures

S&P Futures Little Changed

May 6th, 2013

EMini S&P Futures – U.S. stock futures were little changed, after the Standard & Poor’s 500 Index traded above 1,600 for the first time last week and data showed American employers added more workers than forecast in April.

Intel Corp. (INTC) rose 1 percent after the world’s largest chipmaker offered to buy Finland’s Stonesoft Oyj for $389 million. Barrick Gold Corp. advanced 1.7 percent as the price of the metal rallied. Tyson Foods Inc. slumped 6.1 percent after posting second-quarter profit and sales missed estimates.

S&P 500 futures expiring in June fell less than 0.1 percent to 1,608.2 at 8:29 a.m. in New York. Contracts on the Dow Jones Industrial Average increased 2 points, or less than 0.1 percent, to 14,900 today.

“Markets are still digesting a bit on Friday’s payroll numbers as there’s a lack of market-moving events today,” Witold Bahrke, who helps oversee $55 billion as senior strategist at PFA Pension A/S in Copenhagen, said in a message. “The U.K. bank holiday also points to a relatively quiet start into the week.”

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