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. [...]
Kaching! For those of you who had the good fortune to catch this move in silver: Sure it could have much more to go. But, with GDP in the morning, this isn’t a bad time to take some profit.
Sugar has a shot at testing key support at 20.25 this week. Just looking at the charts, this market is looking really toppy. What do I mean by "toppy”? My tells are the heavy consolidation and increased volatility at the end of a long run up in price. Those are all characteristic of market tops. [...]
It is a new day in global markets. The macro climate seems intensely deflationary and yet asset classes are getting the squeeze and inflation is the reality. How can this be? That’s a question for another day. But, I can tell you that I’m not afraid to look for some bullish opportunities this year… even [...]
Long US equities and long gold and I’m not happy about the situation. It’s Monday in Asia and US futures markets are down a good amount. Off 60+ in the dow. Needless to say, my best weekend research says that this is a good time to being to try getting short US equities… (albeit i [...]
Sugar around 22.50. Last time it was at these levels was…. hmmm… looks like 1981. Sugar’s 80% increase since April has been relentless. If you’ve got the bankroll to position for this one, I’d suggest considering making an offer on this one. If it doesn’t round the corner here, my cosmic clock suggests it will [...]
