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    August 21, 2014

    Hot Rolled Futures: Summer Time Blues

    Written by Andre Marshall

    The following article about Futures trading is from Andre Marshall, CEO of Crunch Risk, LLC. Andre will be one of our speakers at our 4th Steel Summit Conference as he speaks to the influence Chinese futures trading has on commodity prices. He mentions iron ore trading (China) in the article below:

    OK, so we’re at new highs on S&P 500, and I’m pretty sure Dow as well. You might recall that our old high was 1976 back in early July. Well we breached that early in the week and we are last 1990. The target now for the market is 2080 before any kind of breather, barring some political explosion of some sort or other. As long as the Fed is easing and interest rates are artificially suppressed the market will move higher, save any real knock on corporate earnings.

    Andre Marshall

    Read more from Andre Marshall

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