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Welcome to the Evolution of Trading. PitGuru exists to bring the experience, knowledge and insight of some of the world’s best futures floor traders to the trading public.

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The Weekly Pit Review

 

Market Commentary             

  • Market Sector : Energies 06/29/2009Last week saw energies falter coming off the $70 level as crude traded down to $66, but finished at $69.16/barrel - good for a 1.2% decline even when inventories drew more than expected. Gasoline...Read more
  • Market Sector : Financials 06/29/2009Economic data from Europe's indexes showed that their economy may be stabilizing. Yes, this is good news - but obviously they are lagging our data. The unfortunate problem is...Read more
  • Market Sector : Grains 06/29/2009Not the normal weekend report this time. The acreage report will change everything on Tuesday, so no use in prognosticating ahead of the numbers. The two crucial numbers are planted acreage for...Read more
  • Market Sector : Softs 06/29/2009Among the Soft markets, Sugar had an exciting week with a pronounced rally. The remaining markets proved dull in comparison. Cocoa prices recovered sharply thanks to...Read more
  • Market Sector : Metals 06/29/2009Precious metals had a mixed bag last week even though the USD was weaker as gold traded higher by $5 to $940 (+.6%), silver lost 8 cents down .4%, and platinum was down .5% to $1,203/oz. Copper had an...Read more

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Disclaimer: Past performance is not indicative of future results. Trading futures and options involves substantial risk of loss and is not suitable for all investors.