CONSENSUS
  National Futures and Financial Weekly
  P.O. Box 520526, Independence, MO 64052-0526
      Tel: 816-373-3700 ** Fax: 816-373-3701
Subscribers' Log In
Free TrialFree Article

Free Trial
Sample Issue
Issue Preview
Order Form
Commitment of Traders

Daily Price Charts
Directory of Contributors
Hotlines
Newsletter
Bullish Sentiment Historical Data
Links

  Your Research Library online! CONSENSUS is one of the largest online resources of in-depth research for trading the markets. CONSENSUS is The Investment Newspaper used daily by stock and futures traders

  New! You can now access FREE an article daily from the continuously updated CONSENSUS National Futures and Financial ONLINE newspaper.

  CONSENSUS National Futures and Financial Weekly has been serving its customers for 30 years with the latest, most up-to-date news and analysis in the stock and futures marketplace. We continue to serve our readers today with market letters, special reports, fundamental and technical buy/sell advice and all the latest information from more than 100 top national and international contributors from major stock and commodity firms, independent advisory services and government agencies.

  A typical issue contains 225+ articles and 120+ charts, graphs and tables. CONSENSUS covers all stock, financial, currencies, metals and petroleum, grains and oilseeds, food and fibers markets and more!

  Please check the list of our contributors for your favorite writers. Contact information is available in our Directory of Contributors

  Each issue includes the CONSENSUS Bullish Sentiment Index Of Market Opinion, the CONSENSUS Report of Commitments of Traders, Daily Price Charts, and economic reports from U.S. Department of Agriculture, Commerce, Labor and others.

New Contributors:

  We welcome market letters, special reports, articles, statistics and research studies for possible publication, from brokers, analysts and individuals. All material will be carefully considered (though we cannot assume responsibility therefor). Call 816-373-3700 or 800-383-1441. Material should be sent to CONSENSUS, Inc., P.O. Box 520526, Independence, Missouri 64052-0526.

Free Article:


NEW TRADERS OF AMERICA
1601 NW 97th Ave., #36650, Doral, Florida
800-981-6862

(May 8, 2008) CORN: CBOT corn futures are rallying, with both the December 2008 and March 2009 contracts hitting record highs on weather concerns and continued planting delays. A weakening dollar index is also supportive, traders say. December corn reached $6.39-1/2 and is up 6-1/2 cents to $6.37. March corn traded at $6.50 and is up 6-1/2 cents to $6.48 a bushel.

United States weekly corn export sales to May 1 were 337,200 metric tons for the 2007/2008 marketing year, down 39% from the previous week and 50% from the previous week's average, the USDA says. A trader calls the numbers "soft" but says they would be unlikely to have much effect on Thursday's opening. New-crop sales were 63,300 metric tons. Estimates called for between 400,000 and 750,000 tons for both crop years. Top old-crop increases were reported for Japan (185,600 tons), Mexico (102,400) and Columbia (72,300), according to the USDA

CORN (JUL) 05/08/2008--The moving average crossover up (9 above 18) indicates a possible developing short-term uptrend. The daily stochastics gave a bullish indicator with a crossover up. Stochastics are at mid-range but trending higher, which should reinforce a move higher if resistance levels are taken out. The cross over and close above the 18-day moving average is an indication the intermediate-term trend has turned positive. With the close higher than the pivot swing number, the market is in a slightly bullish posture. The next upside objective is 624-1/4. The next area of resistance is around 618-3/4 and 624-1/4, while 1st support hits today at 607-1/4 and below there at 6.

This week's trade recommendation is to place a stop profit order on the December corn call options.

This week's trade recommendation is to hold the July corn puts with 56 days as a hedge previously bought.

This week's trade recommendation is to buy December corn call with 197 days.

No new trade recommendation using futures.

Again reminding investors that along with high volatility comes high risk and only risk capital should be invested in either the spot, futures or options market.

Roberto B. Rivera
www.newtradersofamerica.com


Free Trial!     Free Trial!


CONSENSUS BULLISH
SENTIMENT INDEX HOTLINE
A Weekly Contrarian Sentiment Index

Our Contributors

A Commodity Trading World
A.G. Edwards
Acuvest
Aden Research
Advantages In Options
Ag Fin Strategies
Ag Services
Ag Watch Market Advisors
Alaron Futures & Options
Allendale, Inc.
Astro-Trends

Bank of Toyko-Mitsubishi
BMO Financial Group

CFTC
Commodity Futures Forecast
Commodity Insight
Conference Board (The)
Core Futures

Dailyfutures.com
Delta Global Advisors, Inc.
Deutsche Bank AG
Dines Letter, The
DINL
Dohmen Capital Research

Eastman Cooper & Hirsch, Inc.
Elliott Wave Int'l
eXtra Mile Trading, LLC

Federal Reserve Banks
Federal Reserve Board
Fishback Mgmt. & Research
Fortucast Market Timing
Fourth Time, Inc.
Friedberg Mercantile Group, Ltd.
FullerMoney.com

Gann Global Financial
Great Pacific Trading

Halco Trading Strategies
Hoisington Investment Mgmt. Co.
Horizon Ag Strategies
Horton Market Letters

Informa Global Markets
INSIIDE Track Trading
Inst. For Supply Mgmt.
Ira Epstein & Co.

J.E. Gross & Co., Inc.
Jim Wyckoff On The Markets

Kleist Consulting

Liberty Trading Group

MB Wealth Corporation
MCTS Trading Corp.
Millennium Asset Mgmt.
Mogambo Guru

New Pacific Commodity Letter
New Traders of America
Northern Trust Co., The

Ockham Research LLC
Odom & Frey

Pacific Inv. Mgmt.
Peter Eliades' Stockmarket Cycles
Pointon York Sipp Solutions
PrudentBear.com

Raymond James Financial, Inc.
Redbook Research, Inc.

Safras & Mercado
Schaeffer's Investment Res.
Schneider, Jim
Sovereign Asset Mgmt.
Strategic Marketing Services, Inc.
Swiss American Securities, Inc.

Taipan Financial News
Todd Market Forecast
TradingEducation.com

U.S. Dept. of Agriculture
U.S. Dept. of Commerce
U.S. Dept. of Energy
U.S. Dept. of Labor
United Strategic Investors Group
University of Illinois
University of Missouri-Columbia

Wall Street Digest (The)
Welsh Money Mgmt. LLC
Windy City Trader (The)

Yamamoto Forecast (The)


Links:   A-C     D-F     G-L     M-R     S-Z  

Copyright 2007 by Consensus, Inc.

Hosted by:
CONSENSUS, INC.
P.O. Box 520526
Independence, MO 64052-0526
816-373-3700
Fax: 816-373-3701
editor@consensus-inc.com