CL Redux
- Thread starter schizo
- Start date
out 8640
fresh short 8640 ( couple of them )
Futures gain one percent on Spain aid deal
S&P futures gain of 15 points on this news , pushing OIL up , of-course some CL short squeeze ...
http://finance.yahoo.com/news/futur...RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3
NEW YORK (Reuters) - Stock index futures pointed to steep gains on Sunday, looking to extend Wall Street's recent rally after euro zone finance ministers agreed on an aid package to help Spain.
Futures opened up more than 1 percent on the news that the ministers would lend Spain up to 100 billion euros ($125 billion) to help the country's battered banks.
The size of the aid package was larger than expected, removing a huge cloud that has been hanging over financial markets. Investors had feared that a banking crisis in the euro zone's fourth-largest economy could have compounded the currency bloc's troubles with Greece.
"This is a major step in avoiding a contagion," said Tim Speiss, partner-in-charge of EisnerAmper's Personal Wealth Advisors Group in New York.
"The amount is pretty high, higher than expected. Although we need to get more details, at least for equity markets in the U.S. and around the world, this definitely eases short-term fears," Speiss said.
S&P futures gain of 15 points on this news , pushing OIL up , of-course some CL short squeeze ...
http://finance.yahoo.com/news/futur...RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25z;_ylv=3
NEW YORK (Reuters) - Stock index futures pointed to steep gains on Sunday, looking to extend Wall Street's recent rally after euro zone finance ministers agreed on an aid package to help Spain.
Futures opened up more than 1 percent on the news that the ministers would lend Spain up to 100 billion euros ($125 billion) to help the country's battered banks.
The size of the aid package was larger than expected, removing a huge cloud that has been hanging over financial markets. Investors had feared that a banking crisis in the euro zone's fourth-largest economy could have compounded the currency bloc's troubles with Greece.
"This is a major step in avoiding a contagion," said Tim Speiss, partner-in-charge of EisnerAmper's Personal Wealth Advisors Group in New York.
"The amount is pretty high, higher than expected. Although we need to get more details, at least for equity markets in the U.S. and around the world, this definitely eases short-term fears," Speiss said.
if you trade crude oil couple of years , you know some of their game strategies ( not all ) 
Both GOLD and Crude hyped up based on FED QE3 expectations .
Both dropped after FEDs message .
Friday while GOLD is holding , Crude dropped further for no reason . This is one of the Tell for big boys covering ..
Both GOLD and Crude hyped up based on FED QE3 expectations .
Both dropped after FEDs message .
Friday while GOLD is holding , Crude dropped further for no reason . This is one of the Tell for big boys covering ..
How many retail traders burnedup in those months ( NOV 2011 ) due to these false statements due to some trade decisions based on these open interests ... nobody bothers .. Exchanges collect their fines ...
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CME fines Morgan Stanley $50,000 for oil trades
http://www.marketwatch.com/story/cme-fines-morgan-stanley-50000-for-oil-trades-2012-06-08-15485128
NEW YORK--Exchange operator CME Group Inc. CME +1.81% said Friday it ordered Morgan Stanley MS +2.24% to pay a $50,000 fine for allegedly overstating its open interest in a crude-oil contract in November 2011.
<b>CME said the investment bank overstated its position in the physically settled December 2011 crude-oil futures contract by 13,267 contracts, or 51.6%, one day before the expiration of the contract.</b>
The overstatement violated a CME rule regarding holding concurrent long and short positions in the futures market, CME said. Morgan Stanley agreed to pay the fine as part of a settlement in which it neither admitted nor denied the rule violation, CME said.
A Morgan Stanley spokeswoman declined to comment.
The fine is the second penalty the bank has faced this week in commodities trading. <b>On Tuesday, the Commodity Futures Trading Commission said it reached a $5 million settlement with Morgan Stanley for alleged misconduct regarding several off-exchange futures trades between April 2008 and October 2009. </b>
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CME fines Morgan Stanley $50,000 for oil trades
http://www.marketwatch.com/story/cme-fines-morgan-stanley-50000-for-oil-trades-2012-06-08-15485128
NEW YORK--Exchange operator CME Group Inc. CME +1.81% said Friday it ordered Morgan Stanley MS +2.24% to pay a $50,000 fine for allegedly overstating its open interest in a crude-oil contract in November 2011.
<b>CME said the investment bank overstated its position in the physically settled December 2011 crude-oil futures contract by 13,267 contracts, or 51.6%, one day before the expiration of the contract.</b>
The overstatement violated a CME rule regarding holding concurrent long and short positions in the futures market, CME said. Morgan Stanley agreed to pay the fine as part of a settlement in which it neither admitted nor denied the rule violation, CME said.
A Morgan Stanley spokeswoman declined to comment.
The fine is the second penalty the bank has faced this week in commodities trading. <b>On Tuesday, the Commodity Futures Trading Commission said it reached a $5 million settlement with Morgan Stanley for alleged misconduct regarding several off-exchange futures trades between April 2008 and October 2009. </b>