Market Analysis & Trading Opportunities – September 24, 2015

Video Length: 00:01:47

During the session on Thursday, the Core Durable Goods Orders number comes out of the United States. This is essentially the only announcement that we will be paying attention to, simply because the market will be interested to see how the United States is doing in general.

1 – With that being said, we believe that unless the announcement is horrible, in general the US stock market should get a bit of a reprieve during the session today. We are buyers of calls unless of course we have a significant shock to the market via the economic announcement.

2 – We believe that the US dollar will strengthen today in general, especially if the Euro and perhaps the British pound. With that, we don’t really have any interest in shorting the US dollar, as the Federal Reserve has recently stated that the global economy is the biggest concern they have, not necessarily the United States itself.

3 – Looking at the commodities markets, we feel in general they should be fairly soft. With this, we don’t really like buying calls in commodity markets at the moment, simply because the volatility in the fear out there can cause a panic and rush to the US dollar at any given moment, which of course is very negative for commodities in general as commodities are typically priced in US dollars on the whole.