Update Information on Energy and Financial Markets

As a trader earning on day trading futures floor, you will not want to miss this post since besides , news on how the markets are working will lead us know what should to do next. Because I cannot cover all the markets here,Czech soccer jerseys, today as you see we will have a look to learn how energy and financial markets work. Firstly,Cote d’Ivoire soccer jerseys, we will have a short talk with Daniel Cronin around energy market. There is a huge sell off in the energy markets when the debt ceiling agreement was a moot point as traders rushed to sell in the $94-$98 range. The market also tumbled on the news around the US will lose its AAA rating. This lead the markets into a free for all as Sep crude broke huge support at $90 to trade down $83.40,Soccer jersey, right where it is right now. At the end of the week and likely continue into the weekend,Italy soccer jerseys, fear swept energy market with the huge liquidation. $83.00 is huge support on the downside. If this does indeed get breached, the WTI will be in a for a rude awakening as large part of traders will rush to sell at that critical point. Now we specify Natural Gas market. It is in a huge decline now below $3.90 in Sep as it is getting on shaky ground down here. With consecutive reports of high supplies and the economy the way it is right now, this market may be in for some trouble if it heads lower than $3.70. Natural gas has been in a nice range from $3.80 to $4.7 so these levels are critical for the natty this week. You know, countries that have been downgraded typically show a sell-off in their stock market in the past. As most aware that AAA to AA- is the U.S. rating. It has fallen. For those that do not know this AAA rating has been around since its inception in 1917. Institutional investors, wealthy investors, and anyone who works on the street in business were likely ahead of change rather than behind. That means they could have been more likely to have sold positions over few weeks ago. Mom and pop accounts may just be waking up now to sell the market. Some might think the worst in this type of environment however remember this is also when those on top of the food chain could be looking to buy in,Chelsea jerseys! They could be looking for bargains and opportunities. The issues go further than just the U.S. Remember the debt issues are a global problem, and seem to be getting worse. Also, it wises to not forget that the derivative market has still not hit with its losses. That the brightest minds still do not know how badly leverage those vehicles were stretched is considered as the issue here. Ads by Google Warren Buffet, PIMCO and Geithner all agree that countries like China may seek sovereign debt from other countries. China might not take all of their money out but could spread it around to other countries. This means that there will be less money being placed in the United States system. Hedge funds seem to be putting money in cash which one may assume that wealthy investors could be doing the same thing. All of us do not want to relive the 2008 sell-off hoping for a comeback?