About the Author
Anthony Lazzara
Anthony Lazzara, CEO of Newport Beach, Calif., commodities investment firm Lido Isle Advisors, spent 10 years as a trader and floor broker at the Chicago Board of Trade and Chicago Mercantile Exchange. Anthony has significant experience in the energy, fixed income, and equity futures markets. After being a long-time independent futures trader, Anthony saw a tremendous opportunity to educate investors on how to invest in professional traders. Anthony is now focused on his duty as CEO of Lido Isle Advisors.
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By Anthony Lazzara |
March 27, 2013
With recent headlines on Cyprus, the Euro debt crisis is obviously far from “over” thus the euro currency has been in a steady downtrend since early February. Our key resistance level is at 1.30.
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By Anthony Lazzara |
March 25, 2013
Today, the E-mini S&P 500 punched above 1550 to hit a new 2013 high right above 1560, but then sold off sharply. The Cyprus news was not enough to keep the market higher.
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By Anthony Lazzara |
March 22, 2013
The Pound has had a big sell off this year, and once it dipped below $1.50, buyers came in to rebound it above that key level.
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By Anthony Lazzara |
March 20, 2013
RBOB completed a classic seasonal rally in the beginning of this year, and since hitting a high of $3.30, has sold off almost $.30 in 30 days, hitting a low of $3.02 today. This is our very important pivot level for this market.
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By Anthony Lazzara |
March 19, 2013
It seems concern that increasing global corn demand might outstrip supply has been pushing this market higher recently. The U.S. Department of Agriculture said last week that U.S. stockpiles before the next harvest will total 632 million bushels.
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By Anthony Lazzara |
March 15, 2013
The S&P 500 climbed yesterday to within two points of its record closing level of 1,565.15 set in October 2007, but today has retraced some recent gains.
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By Anthony Lazzara |
March 14, 2013
It looks like Natural Gas (APR13) has formed a base at $3.20. This market, due to cold weather as well as diminishing supply numbers, has rallied nicely this month, and today is up another $.10.
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By Anthony Lazzara |
March 13, 2013
We focus more on the Mexican Peso/USD today. Even with the Banxico rate cut several days ago, the currency has actually rallied a lot since then.
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By Anthony Lazzara |
March 12, 2013
The E-mini S&P 500 ran into a multi-month trendline resistance, and now is down over 5 points today. This is not a big retracement, but nevertheless, technically traders thought it was time to take some profits
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By Anthony Lazzara |
March 11, 2013
Recently, the U.S. dollar has rallied against several foreign currencies, including the pound, yen, Aussie dollar, Canadian dollar, and New Zealand dollar. Our first key resistance level for the NZD is .83 and then .8325.
