From the desk of Joe Rios
The FOMC event this past week was the main focus for traders and investors alike. As expected the markets accelerated during Yellen’s press briefing with risk assets trading higher. However it was the Metals with Silver and Gold’s bullish price action on Thursday that stole the show. What was the message from that move? Is inflation back at the forefront? Inflation is already above the 2% target. Is the Fed behind the curve? In the week ahead I expect the focus will turn to the Fed and therefore to economic data releases. I will place close attention to the reaction and sensitivity from price action to the data releases. I will keep track of rotation flows from the major asset classes including the S&P 500, US Treasury 10 Year Note and the US Dollar. It should be a good week for events trading as I expect traders to react swiftly from any surprises. News from the Iraqi conflict can also bring volatility to the financial markets
Joe Rios
Founder – Rios Quantitative LLC
Relative Performance – Silver, Gold, Copper, S&P 500 and US 10 Yr. Note – Week ending June 20th, 2014
Please take note of this week’s schedule at a glance including key economic reports that might have an impact on the markets. Live trading rooms and educational events are also listed with the appropriate links for gaining access. While some of the events are free, others are for members only. Let us know if you have an interest and we will provide you with all the pertinent information.
Amber Little, RQ Client Relations Manager
email: amber@riosquant.com
skype: alittlemobile
cellphone: 415.336.7272
Live Trading Rooms and Events:
The Trading Room TradeLAB – Global Trading with Quantitative Technologies
https://www3.gotomeeting.com/register/194846974
Monday through Friday beginning at 7:30 AM ET
RQ trade coaches include Edward Preston, Steve Schwartz and Joe Rios. Live demonstration of our pre-market quantitative analysis, real-time trading signals with RQ algorithmic technology, strategy performance review and Q&A session.
_______________________________________________
Insider’s Quant (IQ) Room – Advanced Concepts with Joe Rios
Monday, Wednesday and Thursday beginning at 1:30pm ET
Subscription Only!
_______________________________________________
The Trading Room EDU – Educational Workshop – Rios Quant Trading Indicators:
Wednesday beginning at 1:00 PM ET
https://www3.gotomeeting.com/register/575711926
Topic: Momentum Trading Crude Oil and E-mini Stock Futures
Presenter: Steve Schwartz
Wednesday beginning at 7:30 PM ET
https://www3.gotomeeting.com/register/578067430
Topic: The Next Big Swing
Presenter: Edward Preston
Thursday beginning at 7:30 PM ET
The RiosQuant 90 Day Training Program – Online Workshop
https://www3.gotomeeting.com/register/556611966
Training Session 12 of 12 with Steve Schwartz
Topic: 5 Rules of Engagement
Saturday beginning at 11:00 AM ET
https://www3.gotomeeting.com/register/566357334
Topic: Week in Review with Gnostick Levels
Presenter: Steve Schwartz
_______________________________________________
Monday
2:00 AM JPY BOJ Gov Kuroda Speaks
3:00 AM EUR French Flash Manufacturing PMI
3:30 AM EUR German Flash Manufacturing PMI
10:00 AM USD Existing Home Sales
Tuesday
4:00 AM EUR German IFO business climate
4:30 AM GBP BOE Gov. Carney speaks
10:00 AM USD CB consumer confidence and new-home sales
Wednesday
8:30 AM USD core durable goods orders and final GDP
10:30 AM crude oil inventories
Thursday
5:30 AM GBP BOE Gov. Carney speaks
8:30 AM USD unemployment claims and personal spending
10:30 AM natural gas storage
6:45 PM NZD trade balance
7:30 PM JPY household spending
Friday
all day EUR German preliminary CPI
4:30 AM GBP current account