rounded corner
rounded corner
top border

Is Gold About to Shake Free?


Bookmark and Share

Stock Index Futures: Is the Bad News Now Again the Good News?

As was the case several years ago, it appears once again that we are in a situation where the bad news is the good news for stock index futures in that weak economic data will delay a fed funds rate hike. So what else does that mean for stock index futures? Download this proprietary research, authored by ADMIS own Alan Bush, to find out more.

Download the complimentary report from ADMIS

December gold futures are trading about as sideways as sideways gets. From my perspective we can thank the emotionless HFTs and algorithms for zapping the life out of most of these markets, especially gold and silver. From a technical standpoint $1291 represents key resistance. Although the market is jammed in a sideways trade, we favor the downside from a risk/reward standpoint, as the Commitment of Traders is still reflecting a relatively large Commercial Short position. In addition, the chart looks like there is a lot of room below for gold to move lower. Volatility is virtually non-existent, which makes the purchase of options, or even a ratio strangle (1 call/2 puts), appealing in hopes that gold can shake free from its recent range.


December 17 Gold Futures - Daily

chart provided by QST

The best way to prepare for a storm is to purchase canned goods when theyre dirt cheap. From a trading perspective option premiums are about as low as you will ever find in the gold market. The cheap premiums represent a distinct lack of fear which is rarely seen to the degree we are currently witnessing. Traders looking to establish a defined risk/high reward position have a great opportunity right here in the metals, regardless of whether or not one is bullish or bearish.

Stock Index Futures: Is the Bad News Now Again the Good News?

As was the case several years ago, it appears once again that we are in a situation where the bad news is the good news for stock index futures in that weak economic data will delay a fed funds rate hike. So what else does that mean for stock index futures? Download this proprietary research, authored by ADMIS own Alan Bush, to find out more.

Download the complimentary report from ADMIS

For more information on the Gold futures markets, please contact me at 312.242.7986 or via email at teddy.sloup@archerfinancials.com. I look forward to hearing from you.

If you are interested in opening an account with Teddy, go to our interactive New Account application at Open An Account. It is fast, saves on postage and its green.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The risk of loss in trading futures and options can be substantial. Past results are not indicative of future results or performance. The views and opinions expressed in this letter are those of the author and do not reflect the views of ADM Investor Services, Inc. or its staff. Research analyst does not currently maintain positions in the commodities specified within this report. The information provided is designed to assist in your analysis and evaluation of the futures and options markets. However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.



Recent articles from this author



About the author


Published by Barchart
Home  •  Charts & Quotes  •  Commentary  •  Authors  •  Education  •  Broker Search  •  Trading Tools  •  Help  •  Contact  •  Advertise With Us  •  Commodities
Markets: Currencies  •   Energies  •   Financials  •   Grains  •   Indices  •   Meats  •   Metals  •   Softs

The information contained on InsideFutures.com is believed to be accurate but is not guaranteed. Market data is furnished on an exchange delayed basis by Barchart.com. Data transmission or omissions shall not be made the basis for any claim, demand or cause for action. No information on the site, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any futures or options contracts. InsideFutures.com is not a broker, nor does it have an affiliation with any broker.


Copyright ©2005-2018 InsideFutures.com, a Barchart.com product. All rights reserved.

About Us  •   Sitemap  •   Legal  •   Privacy Statement