CME Group's most recent trend suggests a bearish bias. One trading opportunity on CME Group is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 12.36% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $80.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for CME Group is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for CME Group is bearish.
The RSI indicator is at 25.26 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CME Group
U.S. natgas futures up 10 pct on colder weather forecasts
Wed, 29 Jan 2014 20:38:41 GMT
Reuters – U.S. natural gas futures rose more than 10 percent on Wednesday, the biggest daily gain in 18 months as volatility continued to rock the market ahead of the February contract expiration. March futures also rose more than 10 percent, but remained below February — a further sign that February futures were in high demand by traders covering short positions, said Dominick Chirichella, an analyst at Energy Management Institute Market watchers attributed some of the run-up in near-month natural gas prices to some investors possibly being forced to liquidate positions. Temperatures far below normal have plagued Midwest and eastern U.S. this winter, drawing unusually high levels of natural gas from storage to be used as fuel for heat.
CME Group sells Kansas City Board of Trade building
Wed, 29 Jan 2014 19:08:54 GMT
Reuters – CME Group Inc has sold the building that housed the Kansas City Board of Trade to a Kansas-based real estate company for an undisclosed sum, representatives of the exchange operator said on Wednesday. The 166,000-square-foot building was sold to Mariner Real Estate Management in all-cash transaction, according to a statement from Holly Duran Real Estate Partners, CME Group's real estate adviser. CME Group owned a majority of the building, and Highwood Properties Inc held a minority stake. Chicago-based CME Group has reduced its real-estate portfolio as the shift to electronic trading made it less attractive for exchange operators to own real estate for traditional open-outcry pits.
U.S. natgas futures rise on forecasts for colder weather
Wed, 29 Jan 2014 15:09:02 GMT
Reuters – U.S. natural gas futures rose 1.5 percent early Wednesday on forecasts for colder weather over the next fortnight. The February contract, which expires Wednesday, is up about 20 percent since the beginning …
U.S. natgas futures up nearly 4 pct as colder weather expected
Tue, 28 Jan 2014 19:45:06 GMT
Reuters – U.S. natural gas futures for February rose nearly 4 percent on Tuesday as forecasts for the coming days turned colder. Private forecaster MDA Weather Services revised its six-to-10-day forecast to show colder-than-average temperatures for all of the country except Florida. Price swings are likely to temper if weather forecasts become more certain and moderate. “Robust production levels of gas and uncertainty surrounding the weather outlook for the second half of this winter should provide growing resistance to rising gas prices, especially if forecasts moderate in the coming weeks,” said Addison Armstrong, senior director of market research at Tradition Energy.
Xx U.S. natgas futures up 5 percent again on continuing cold
Tue, 28 Jan 2014 12:43:01 GMT
Reuters – U.S. natural gas futures for February were up over 5 percent early Tuesday on forecasts that the brutal cold would continue in much of the country for several more days. Over the past week or so, traders said it's been a wild roller coaster ride in the futures market. The February contract, which expires Jan. 29, was trading on the New York Mercantile Exchange (NYMEX) at 7:22 a.m. EST (1222 GMT) at $5.108 per million British thermal units, up 5.4 percent, or 26.1 cents.
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