Futures (Cedar Falls, IA)

A monthly trade magazine that presents news, analysis and strategies to inform and educate traders in futures, options and derivatives markets. Provides analysis of global markets and information on price movement, volatility, and future trends. Articles

Articles from Vol. 32, No. 1, January

Alternative Strategies for Everyone?
MANAGED MONEY Hedge funds and managed futures programs have added much needed diversification to many portfolios since the stock market topped out in March 2000, but they have been perceived as being only for high net worth and institutional investors...
Alternative Strategies for Everyone? (Managed Money)
Hedge funds and managed futures programs have added much needed diversification to many portfolios since the stock market topped out in March 2000, but they have been perceived as being only for high net worth and institutional investors despite often...
AmiBroker 4.20. (Software Review)
AmiBroker.com Tomasz Janeczko Roentgena 3/7 50-362 Wroclaw, Poland www.amibroker.com LEVEL: Advanced OVERALL RATING: **** PRICE: New user license: Standard, $99; real time (requires eSignal), $199. Upgrade license: Standard, $49;...
A Very Good Year?
EDITOR'S NOTE The futures industry carries a heavy burden that goes something like this: Havoc is good. Perhaps this is too brief and casts dispersions on a vibrant and key business. A more complete explanation might be: When the economy is struggling,...
A Very Good Year? (Editor's Note)
The futures industry carries a heavy burden that goes something like this: Havoc is good. Perhaps this is too brief and casts dispersions on a vibrant and key business. A more complete explanation might be: When the economy is struggling, war drums...
Back to the Future: A Rerun of 1993 in 2003?
COVER STORY MARKETS The key issues going into 2003 look a lot like those at the beginning of 2002 -- and at the beginning of the 1990s. That could mean another year of slow economic growth and relatively stable, low interest rates in the face of uncertainty...
Back to the Future: A Rerun of 1993 in 2003? (Cover Story: Markets)
The key issues going into 2003 look a lot like those at the beginning of 2002 -- and at the beginning of the 1990s. That could mean another year of slow economic growth and relatively stable, low interest rates in the face of uncertainty about war....
Bear Market Investing Strategies
Bear Market Investing Strategies By Harry D. Schultz John Wiley & Sons New York (2002) 177 pages, $50 Harry Schultz has been in the investment arena for more than 40 years. He has been editor of the International Harry Schultz Newsletter since 1963...
Bear Market Investing Strategies. (Book Reviews)
By Harry D. Schultz John Wiley & Sons New York (2002) 177 pages, $50 Harry Schultz has been in the investment arena for more than 40 years. He has been editor of the International Harry Schultz Newsletter since 1963 or so, has written...
Cocoa -- the Power of the Trend. (Hot Commodities)
Unless your name is Hershey or Nestle, odds are you won't be hearing about the market-moving cocoa fundamentals until long after the better informed, and the market, have discounted them in price. On the other hand, the Cocoa market tends to trend...
Comparing Price, Volume & Open Interest
TRADING TECHNIQUES Markets provide a lot of data to forecast future price direction. The challenge is to convert the data into useful information. Surprisingly, price, the item traders usually watch most closely, is the least useful, one study shows....
Comparing Price, Volume & Open Interest. (Trading Techniques)
Markets provide a lot of data to forecast future price direction. The challenge is to convert the data into useful information. Surprisingly, price, the item traders usually watch most closely, is the least useful, one study shows. Forecasting prices...
Dan Webster: At Home with Profits
FUTURES INTERVIEW Styles of trading are as unique as snowflakes - no person trades exactly like any other. That said, we look into one at-home trader's style and methodology and how he found his foothold in the trading blizzard. Q & A If you admit...
Dan Webster: At Home with Profits. (Futures Interview)
Styles of trading are as unique as snowflakes -- no person trades exactly like any other. That said, we look into one at-home trader's style and methodology and how he found his foothold in the trading blizzard. If you admit you need to Learn a...
Dateline
30 Hogs & Pigs report 31 Holiday: Germany, Italy France Unemployment 1 Holiday: U.S., U.K., France, Germany, Italy 3 COT report. Canada PPI. 7 Crop summary 9 Germany Employment. Australia Production index 10 COT report, Employment...
Europe: Shifting (and Grinding) Gears
Cover Story Markets continued Unlike 2002, the coming year offers no major European elections to roil continental markets. But it does serve up plenty of tradable fare, including a constitutional convention, a raging battle over deficits and a fundamental...
Europe: Shifting (and Grinding) Gears. (Cover Story: Markets)
Unlike 2002, the coming year offers no major European elections to roil continental markets. But it does serve up plenty of tradable fare, including a constitutional convention, a raging battle over deficits and a fundamental questioning of everything...
Fixed Income, Broken Wind
TRADING TECHNIQUES In their typical lag-the-market fashion, 2002 saw several well-known stock analysts pay the piper - with their pink slips - thanks to a continuation of the bad calls that began with the end of the no-brainer bull market. If only they...
Fixed Income, Broken Wind. (Trading Techniques)
In their typical lag-the-market fashion, 2002 saw several well-known stock analysts pay the piper -- with their pink slips -- thanks to a continuation of the bad calls that began with the end of the no-brainer bull market. If only they had known about...
Forex Trading-Toward a Total Approach
TRADING TECHNIQUES With cash e-forex markets, active futures contracts and options, forex traders have a number of instruments at their disposal. Here, we begin a multi-part look at how these markets can synergistically support the analysis of foreign...
Forex Trading -- toward a Total Approach. (Trading Techniques)
With cash e-forex markets, active futures contracts and options, forex traders have a number of instruments at their disposal. Here, we begin a multi-part look at how these markets can synergistically support the analysis of foreign exchange. If...
Going for the Gold: S&P 500 vs. XAU
Market StrategyIn light of the current uncertainties in the financial markets and the possibility of a prolonged economic recovery, there are more questions than usual about how to allocate investment funds. There is much talk about whether we will see...
Going for the Gold: S&P 500 vs. XAU. (Market Strategy)
In light of the current uncertainties in the financial markets and the possibility of a prolonged economic recovery, there are more questions than usual about how to allocate investment funds. There is much talk about whether we will see a revival...
Hot Commodities
Oil heats up Initial overreactions to Iraq agreeing to weapons inspections and rumors of increased production in the rest of the Arab world were behind the late October, early November dip in heating oil, say several analysts. February heating oil has...
Japan's Economy Down Again
Slip, sliding away The outlook for the Japanese economy is still bleak. Although the economic growth rate of the third quarter of 2002 was 0.7% higher than that of the previous quarter, the fundamentals are worse because demand is hitting a ceiling and...
Japan's Economy Down Again. (Slip, Sliding Away)
The outlook for the Japanese economy is still bleak. Although the economic growth rate of the third quarter of 2002 was 0.7% higher than that of the previous quarter, the fundamentals are worse because demand is hitting a ceiling and inventory stock...
Killian Bridging Markets at Peregrine Financial Group
Trading Places Chicago-based Peregrine Financial Group Inc. has a new task and a distinct man for the job. Michael Killian joined the company in mid-November as senior vice president of the broker-dealer division. "This is a very exciting time because...
Killian Bridging Markets at Peregrine Financial Group. (Trading Places)
Chicago-based Peregrine Financial Group Inc. has a new task and a distinct man for the job. Michael Killian joined the company in mid-November as senior vice president of the broker-dealer division. "This is a very exciting rime because what security...
NYmex Courts Copyright Protection
LEGAL BEAGLE A day after receiving a court order allowing it to use a report written by Richard Sandor in 1970 on the feasibility of a computerized commodity exchange in its legal battle with Electronic Trading Systems and E-- Speed over Wagner Patent...
Nymex Courts Copyright Protection. (Legal Beagle)
A day after receiving a court order allowing it to use a report written by Richard Sandor in 1970 on the feasibility of a computerized commodity exchange in its legal battle with Electronic Trading Systems and E-Speed over Wagner Patent infringement,...
Oil Heats Up. (Hot Commodities)
Initial overreactions to Iraq agreeing to weapons inspections and rumors of increased production in the rest of the Arab world were behind the late October, early November dip in heating oil, say several analysts. February heating oil has quickly reversed...
OneChicago, NQLX Battle for Marketshare
While it is too early to make tortoise and hare comparisons, OneChicago has recently surpassed Nasdaq Liffe Markets (NQLX) in open interest and caught up in trading volume in security futures, which include futures on individual stocks and exchange-traded...
OneChicago, NQLX Battle for Marketshare. (and They're Off!)
While it is too early to make tortoise and hate comparisons, OneChicago has recently surpassed Nasdaq Life Markets (NQLX) in open interest and caught up in trading volume in security futures, which include futures on individual stocks and exchange-traded...
Refining Elliott Wave Zigs and Zags
TRADING TECHNIQUES Extensive research shows that Elliott wave patterns are quite different in shape and frequency than previously thought. Knowing the most common shapes makes it easier to forecast market action more accurately. This is the third article...
Refining Elliott Wave Zigs and Zags. (Trading Techniques)
Extensive research shows that Elliot wave patterns are quite different in shape and frequency than previously thought. Knowing the most common shapes makes it easier to forecast market action more accurately. This is the third article in a six-part...
Roger Pegorsch: Charting Cycles
Roger Pegorsch's commodity futures trading odyssey took him from Toledo, Ohio, through Chicago, Indiana, Oklahoma, Minnesota and eventually to Hudson, N.Y., where his commodity trading advisor, Commodity Futures Services, and his intermediate-term technical...
Roger Pegorsch: Charting Cycles. (Trader Profile)
Roger Pegorsch's commodity futures trading odyssey took him from Toledo, Ohio, through Chicago, Indiana, Oklahoma, Minnesota and eventually to Hudson, N.Y., where his commodity trading advisor, Commodity Futures Services, and his intermediate-term...
Singapore Increases Hedge Fund Access
Managed Money Review The Monetary Authority of Singapore (MAS) revised guidelines for retail hedge funds in December, allowing for greater access depending on the structure of the fund. Old guidelines for offering hedge funds to retail investors did...
Singapore Increases Hedge Fund Access. (Managed Money Review)
The Monetary Authority of Singapore (MAS) revised guidelines for retail hedge funds in December, allowing for greater access depending on the structure of the fund. Old guidelines for offering hedge funds to retail investors did not distinguish...
Sound Off!
WRONG OPTION "New Options in Increasing Your Equity" [October 2002] contains two mistakes. On page 55, the author states "The Black-Scholes model assumes that the price of the underlying stock has an equal chance of going up or down...." This statement...
Sound Off!
WRONG OPTION "New Options in Increasing Your Equity" [October 2002] contains two mistakes. On page 55, the author states "The Black-Scholes model assumes that the price of the underlying stock has an equal chance of going up or down...." This statement...
Swiss Option. (Hot Commodities)
Weakness in the U.S. economy and its capital markets have led to a resurgence in the euro currency, but other currencies such as the Swiss franc have benefited from the dollar's weakness as well. Some say that Switzerland's independence may make its...
Tech Talk: Bond Investors, Watch the CRB Index!
My 2003 outlook is for higher long-term interest rates. Historically, long-term yields have tracked commodity prices, and commodity prices as measured by the Reuters CRB index are positioned to break out higher. Disconnected in 2002, this relationship...
The Pit: A Story of Chicago
The Pit: A Story of Chicago By Frank Norris Doubleday, Page & Co. New York (1903) This month marks the 100th anniversary of this great American novel, still available in bookstores and libraries. - Ed. Benjamin Franklin Norris Jr. was born to wealthy...
The Pit: A Story of Chicago. (Book Reviews)
By Frank Norris Doubleday, Page & Co. New York (1903) This month marks the 100th anniversary of this great American novel, still available in bookstores and libraries. Benjamin Franklin Norris Jr. was born to wealthy parents in Chicago...
Three Ideas That Helped Change Trading
FUTURES 101 For new traders, many who are too anxious to earn their first trading licks to study even one approach in depth, tackling a few ideas is out of the question. Some strategies should be on every new trader's reading list, though. Here are three...
Three Ideas That Helped Change Trading. (Futures 101)
For new traders, many who are too anxious to earn their first trading licks to study even one approach in depth, tackling a few ideas is out of the question. Some strategies should be on every new trader's reading list, though. Here are three that...
Trading Trends and Correlations
EQUITY TRADING TECHNIQUES Most intraday time zone correlations in major stock indexes come up positive, but that may not be enough to trade. Here are results of a study that show similar patterns for intraday, weekday and monthly time frames in the DJIA....
Trading Trends and Correlations. (Equity: Trading Techniques)
Most intraday time zone correlations in major stock indexes come up positive, but that may not be enough to trade. Here are results of a study that show similar patterns for intraday, weekday and monthly time frames in the DJIA. Most traders subscribe...
Wheat Oversold? (Hot Commodities)
Kansas City wheat's winter dormancy has put demand in the driver's seat and the news from the demand side hasn't been good, according to Shawn McCambridge, senior grain analyst for Prudential Securities. Add that funds are switching from net-long to...