As precarious as the world feels and as heated as the markets are, it is starting to feel that things might very well proceed in a more orderly fashion. What is orderly? A very curious cascade of ill timed events and slight price adjustments teasing prices generally higher with due correction from time to time. [...]
Be ready. Above and beyond all things, be prepared. Know what you are willing to risk and what you are looking for. You don’t always have to be right. But, you need to know what you believe; and, your belief must include an expectation with both a very specific measure by which you will know [...]
The last week of October is a sensitive time period for modern traders. Black Tuesday, October 29, 1929 was quite an auspicious date. Although not the last week of the month, not far from it was the 1987 Black Monday, October 19. These historical events hang a shadow over October. This year is no different. [...]
I’ll be honest. I’m not particularly looking for a whole lot this week in terms of great trade opportunities. But, this one caught my eye. There is an interesting opportunity brewing to get short cotton. Without going into all the technical analysis on this… I will present two charts: a) a forecast of cotton prices [...]
