US Downgrade sends Gold throught he Roof and Crude Oil hits the Floor

————————————————————————————— The James’ Report:  Professional Resources for Professional Traders ————————————————————————————— – The US Entering the era of the “US of AA+” as its credit rating is downgraded – Dealers note the S&P downgrades of the US was probably has more political fallout than economic  – G20 affirms commitment to take necessary initiatives to support financial […]

Another weekly wrap with our Favorite Grandpa-Jim

Equities tumble and bring Crude Oil demand down along with it!

Oil prices slumped on New York and London markets Aug. 4 upon concerns about the global economy, fueled by a combination of the European Central Bank’s resuming bond purchases and diving US stock values. European leaders face a widening debt crisis that started in Greece and spread to Italy and Spain. Analysts report rising concerns […]

Does WallStreet see a double-dip?

WALL STREET is betting on a double-dip recession. All financial-market signs now point to a return to economic contraction. The S&P 500 has dropped 9% in two weeks. American government borrowing costs are plummeting, which could conceivably be construed as a result of increased confidence in America’s finances in the wake of the debt-ceiling deal, […]

Trade the News Market Internals update at 12:00ET

Dow -73 S&P -9.8 NASDAQ -31 ***Economic Data*** – (CA) Canada July Net Change in Employment: 7.1K v 15.0Ke; Unemployment Rate: 7.2% v 7.4%e – (BR) Brazil July IBGE Inflation IPCA M/M: 0.2% v 0.2%e; Y/Y: 6.9% v 6.9%e – (PD) Poland Official Reserves: $106.7B v $109.1B prior – (US) July Change in Nonfarm Payrolls: […]

Trade any market you choose with this Simple Strategy

Changing your trading style to fit other markets. This trading method will work for Swing Traders, Day traders, scalpers, anything will work. This method works on ANY other market you want to use it with? ·         ES…Yes! ·         Euro….Yes! ·         Corn/Wheat….Yes! ·         YM….Yes! ·         Bonds / Notes…Yes! ·         FDAX/FESX….Yes! ·         Hang Seng ·         Kospi The […]

Day Traders brace for NonFarm Payrolls as more slowdown is expected at 830

————————————————————————————— The James’ Report:  Professional Resources for Professional Traders ————————————————————————————— Traders across the globe waiting for NonFarm Payroll Data from the US this morning Recent jobs data has been mixed, however slowdown in the global economy is very clear and today’s numbers are expected to reflect that. Large equity and commodity moves on Thursday have […]

Don’t let the news fool you, the numbers are juiced! 300 ticks on Crude Oil

Disclaimer ———————————————- SchoolOfTrade.com and United Business Servicing, Inc. are not registered investment or trading advisers. The services and content provided by SchoolOfTrade.com and United Business Servicing, Inc. are for educational purposes only, and should not be considered investment advice in any way. U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Futures and Options trading […]

Trade the News Market Internals update at 12:00ET

Dow -317 S&P -37 NASDAQ -84 ***Economic Data*** – (CZ) Czech Central Bank leaves Repo Rate unchanged at 0.75%; as expected – (UK) Bank of England (BOE) leaves both Interest Rates and Asset Purchase Target (APT) unchanged at 0.50% and £200B respectively; as expected – (EU) ECB Interest leaves the Main 7-day Refi Rate unchanged […]

Reaction to Jobless Claims as they come out at 830am est today