December live cattle started the week under moderate pressure but were able to defend the lower end of last weeks trading range, 118.20-118.525. So long as the bulls continue to defend this pocket, they remain in clear control.
U.S. Commodity Futures Trading Commission today issued an order filing and settling charges against Tower Research Capital LLC, a proprietary trading firm, arising from a manipulative and deceptive scheme, spanning nearly two years and involving thousands of occasions of spoofing in equity index futures.
December lean hogs managed to breakout above the top end of the recent range on the back of demand firming up. The bulls need to see follow-through buying while defending support.
Livermore portfolio witnessed a further rise in gold and gold miners followed by a sudden sell-off. Livermore used this opportunity to de-risk portfolios by selling down gold holdings to lock in profits. Livermore almost doubled investment in many portfolio companies in the past 12-months…
The Live Cattle market has been overbought for the better part of the last two and a half weeks and there’s no real sign of it ending.
Oliver Sloup from BlueLine Futures breaks down the livestock futures markets in his weekly "2 Minute Drill".
December lean hogs tried to stage a rally but ended up finishing the day closer to unchanged. We continue to believe there is a longer-term upside opportunity.
Sneak peek at September hedge fund and managed futures returns from Kettera Hydra Platform Investor Letter.
December live cattle managed to work into our resistance pocket today, we have defined that as 111.175-111.50, this pocket represents previously important price points, including the gap from August 9th.
Lean hogs started the day with a gap lower on what was thought to be a bearish Hogs & Pigs report on Friday.