The US Dollar is as much a focus for me this week as it has ever been. It is starting out the week testing it’s latest lows. Some quantitative research I’ve done has been me focused on possible meaningful dollar bounces starting as soon as the end of this week. Not to mention, the tightly [...]
Nice wedge on the US Stock Indexes. I don’t care, take your pick: Dow, Nasdaq, Russell… from my view of the world, it’s one and the same. But, looking at the journey from our top in October 2007 to our low in March 2009, we are about halfway home… not quite though… and take a [...]
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 [...]
The chart that follows represents my proxy for the end of the year. I’m looking at November 5th as a candidate turn date. Strangely enough, I’m using sugar as a proxy into the future of the equities market here. The markets are as correlated as I’ve seen them. The fate of most markets I follow [...]
hmm… I suspect the markets are going to start stirring a bit this week… this is primarily due to a sign of some early technical tells that certain markets may indeed have run their course. At the top of my list… consider being short JY GC rolling over… long DX… KC and CT are getting [...]
If I were aggressively trading, I’d be thrilled about this moment in time. It looks like the beginning of the end of the recovery for some time. This only suggests that it won’t be long before the dollar gets going again. As for the rest of the markets, they are going to have to begin [...]
