Blue Line Futures is a leading futures and commodities brokerage firm located at the Chicago Board of Trade. We work with clients that range from institutional to professional to novice and from self-directed to broker-assisted. No matter what type of trader you are, our mission is simple; to put the client first. This means bringing YOU strong customer service, consistent and reliable research and state of the art technology. Visit our website at www.bluelinefutures.com to open an account and stay up to date with our research.
Volatility in Agricultures Presents Opportunity
July corn futures saw continued their rally during yesterday’s session, breaching the psychologically significant $7.00 handle, posting new contract, and closing highs.
Trading Choppiness in May
With U.S. benchmarks trading near record highs, the first trading day of the month started strongly, but finished on soft footing.
Rates Rise After Biden Speech and Strong GDP
Doves flew yesterday as the Federal Reserve reiterated steadfast support for the economy and that it is not yet thinking about tapering its unprecedented asset purchases.
A Roadmap for the Fed and Biden’s Spending Plan
It is Fed Day; a policy decision is released at 1:00 pm CT and followed by Chair Powell’s press conference at 1:30 pm CT.
Megacap Earnings, Fed, and OPEC+
U.S. benchmarks are little changed ahead of the bell, but the S&P set a fresh record high overnight. Today unfolds into tomorrow’s Federal Reserve policy decision with a deluge of earnings and a busy economic calendar.
Trading a More Volatile Environment
U.S. benchmarks started the week lower but rebounded yesterday in a show of strength; this bull market is alive and well. Traders can look to a melting pot of narratives to justify the healthy pullback.
Can the Bull-Run Continue
Get the Dollar Correct; Stocks and Commodities
This week’s economic calendar will not test last week’s supportive footprint until Friday’s Flash PMIs, but we dive headfirst into earnings season, and hear from both the Bank of Canada and the ECB ahead of next week’s FOMC meeting.
Your Risk-On Roadmap
U.S. benchmarks are pointing higher ahead of the bell. This comes on the heels of yesterday’s healthy pullback which followed fresh record highs earlier in the session.
Gold/Silver/Commodities: Quick Note on What to Watch
Inflation and Rates In Focus; What to Know
The S&P, NQ, and Dow are holding ground ahead of the opening bell and poised to extend their record run. Fed Chair Powell talked up the economy and the Fed’s accommodative backstop last night on CBS’s 60 Minutes.
Ags with USDA in Focus
Conab raised their Brazilian production forecast to 108.966 million metric tons, up from 108.069. Market participants are awaiting tomorrow’s USDA report, out at 11:00 AM CT.
Gold/Silver/Commodities: The Second Quarter Outlook
Q2 Starts with Fireworks. What Feeds It?
U.S. benchmarks finished Q1 and started Q2 with fireworks before Friday’s Nonfarm Payroll report brought added tailwinds.
Breakouts and Shakeouts, What to Buy.
Yesterday was the session we have been waiting for; there was a Tech-driven green light across U.S. benchmarks, the NQ broke above a downtrend line from its February 16th all-time high,
Q2 is Setting Up Nicely, Here’s Why.
It is the last day of the first quarter and we believe U.S. benchmarks are composing themselves for higher prices in April.
Volatility Continues to Start a Busy Week
The price of Crude continues to swing in a wide range. Early weakness came on the news the container ship blocking the Suez Canal will be freed upon a high tide later today.
Navigating the Safe Haven Bid in the U.S. Dollar
U.S. benchmarks finished poorly on Tuesday but have shown signs of stabilizing overnight. Like Monday, rally attempts in the S&P and NQ were deflected by strong levels of technical resistance.
Gold/Silver: Three Reasons the Low Is In
A Trading System
Fed Day, Everything You Need to Know
It is Fed Day, the committee’s policy decision, economic outlook and interest rate projections are due at 1:00 pm CT. Yields of longer duration Treasuries are climbing as many analysts say a dovish Fed is simply not enough anymore.
Breakouts and Shakeouts Ahead of the Fed
The Federal Reserve has no reason not to be dovish, they have been and will continue to be. However, is their emphasis on ‘remaining accommodative’ merely enough now? As seen on March 5th, markets want to hear something on the steeping yield curve.
Gold/Silver: An Opportunistic Approach for Accumulation
Midday Market Minute with Bill Baruch | The Everything Rally
An Everything Rally, Can It Hold?
Overnight, the Dow set a fresh record high for the fourth straight session. The S&P and Russell each lurk less than 1% from their records.
USDA: What to Know
The “highly anticipated” USDA report was a dud, the USDA left just about everything but the date unchanged from the previous month. The average analyst estimate was looking for ending stocks to drop, so it was a Neutral/Bearish report in our opinion.
A Flattening Yield Curve Brings Risk-On
U.S. benchmarks are pointing sharply higher ahead of the bell and Tech is leading the way. The NQ was the worst performer yesterday and settled at the lowest level since November 30th.
The Commodities You Need On Your Radar
The Nonfarm Payroll Roadmap for the Week Ahead
Yesterday was a bloodbath. What started as a rebound session ahead of today’s pivotal Nonfarm Payroll report at 7:30 am CT, became a sea of red after Fed Chair Powell said the committee has not planned to implement yield curve control.