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| Tables & Charts for Monday, May 16th, 2011 Posted: 16 May 2011 09:03 PM PDT |
| Bill Cara's Blog for May 16, 2011 [See Post-Close report] Posted: 16 May 2011 04:00 AM PDT CTA Trading Desk Morning Report While there may be an attempt to rally the Euro and the US equity and futures markets early this morning, most signs now are pointing to softer prices ahead. In Europe, just as it's apparent the banks are down a lot, I noted some buying among the metals.
That would be a high risk trade, I belief, as the US Dollar appears to be ready to pop higher again. The European banks are suffering still.
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