January 5th, 2009
New look, new educational content, same honest commentary www.CarleyGarnerTrading.com!
When it rains it pours.
Yields have skyrocketed in recent trading sessions as the flight to quality demand for ultra low return Treasuries has finally dissipated.   The Treasury “bubble” has been a perfect example of a market’s tendency to overshoot fundamentals.  The economic and [...]

January 5th, 2009
New look, new educational content, same honest commentary www.CarleyGarnerTrading.com!
Cautious trade was met with moderate buying.
Equities suffered from some back and filling trade following last week’s impressive New Year rally but buying stepped in.  Aside from construction spending data that was reported to be slightly better than expected, the news story of [...]

1.05.09
Construction and auto sales at 10. Dollar is stronger on the idea that the expected stimulus package will gain traction at some point and pull the economy away from the jaws of depression; at least that’s the current, commonly received interpretation. The key question of the day is: was Friday’s action real? Portentous of the [...]

The Trend Trader helps to identify the current trend status of your favorite markets. Each contract in the table is represented by a directional tendency for both the Minor and Major trends.  Two up arrows identify a Bullish Trend - two down arrows a Bearish Trend - one of each a Neutral Trend. The Trend [...]

1.02.09
Welcomes to the New Year. There are still a sufficient number of people either physically or mentally absent to make for a light, possibly violent trading day. There’s the Institute for Supply Management out at 10. The dollar is stronger on the first day of the year while crude is lower as that short squeeze [...]

12.31.08
Happy New Year. A tough one for many. Just initial claims today. Once again, trading volumes are very low and in addition to New Years Eve, snow and high winds (up to 60 mph) are in the forecast for NYC so many will eye the exits. Price action can be exaggerated because of this thining [...]

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12.30.08
Filed 7:42 pm Tuesday
————————— Last———————— Last Week 12.23
Feb Crude ————— 39.36 —————————–     38.98
Feb Heat ——————130.87——————————  134.52
Feb XRB (Blended Gas) —– 93.82 ——————————-  89.95
Oil Is higher over the past week primarily due to the Israeli bombing of Hamas on the Gaza strip and the potential ramifications of increased unrest in the Middle East. As [...]

December 30th, 2008
Happy Holidays from DeCarley Trading!
Boring trade leaves indices range bound.
It was another quiet day on Wall Street in terms of market participation.  Those trading futures on the CME in Chicago were likely just as bored as insiders note a lack of retail order flow and highly reduced levels of institutional trade.
Stock [...]

December 30th, 2008
Happy Holidays from DeCarley Trading!
Nothing going on in the pits, but prices moving.
Unlike yesterday, market participants were provided with economic data; as we have been seeing in recent months the news was bond friendly.  Consumer Confidence was reported at a stunningly low level of 38, a far cry from estimates in [...]

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12.30.08
Fairly light eco days with Chicago area purchasing managers at 9:45 and Consumer Confidence at 10.  GMAC gets a 6 billion dollar lifeline and designation as a bank holding company. Trading volumes remain thin as year end approaches. Best example of that was the trading action in the Yen yesterday just before the 5pm close [...]