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Tables & Charts for Thursday, May 26th, 2011 Posted: 26 May 2011 09:03 PM PDT

Bill Cara's Blog for May 26, 2011 [See Post-Close report] Posted: 26 May 2011 04:00 AM PDT CTA Trading Desk Morning Report [7:00am ET] Good morning. Despite a stronger Euro this morning, there seems to be softness in equities, equity futures, commodities and precious metals. I do not have an opinion as to why! But, as I have watched the Euro encounter huge support as and when it hits 1.40 and the price is now up to ~1.418, I think we need to focus on that 1.40 support level again. If we happen to see the Euro fall below 1.40, I believe that traders will turn bearish. I prefer to trade equities and not currencies, but it is what it is. Have a good day. read more

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