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 [...]
Albeit it’s still seasonal prime time for gold. There should be many great weddings in India, drowning in gold. And, heck, I agree with the scathing write-up on ZeroHedge about why this isn’t the blow-off top on gold. Regardless, I’m still a bit suspect of this market. There are a few things I want to [...]
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 [...]
I’ve written about coffee quite a bit over the past few weeks. It’s been a topic of my posts because of what seemed to be an interesting opportunity to get long coffee in the near future (a couple weeks back). It was something I stumbled onto in my nightly research. I was a little surprised [...]
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. [...]
It’s very rare for modern trading blog sites to actually take a look at 30 years of history. It’s not all that common for a trader to have that sort of data on hand. But, today, we are looking at 30 years of history on the 30 year bond. The chart that follows is the [...]
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 [...]
I’m not going into a lot of detail on this tonight. But, I can say that the chart is telling me that coffee is looking technically overbought by a number of different statistical measures…. indicated in the bottom of this proprietary chart. Additionally, I look to see that the longer term trend has no shifted [...]
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 [...]
