On Demand

Trading Commentaries

Showing Posts 61 - 70 out of 103 found.

It Is A Technology, Not A Fuel

It Is A Technology, Not A Fuel

I like words. I am a writer. So, when a few words strung together impact my brain, I take notice. It’s a technology, not a fuel. The above few simple words opened my eyes even further to the reality of renewable energy and its impact on the world. In particular, the above sentence referenced solar power, but the statement can be applied to all forms of renewable energies. The transformation...

Continue Reading

Look for Bounce in Beans Into Planting and Growing Season

Look for Bounce in Beans Into Planting and Growing Season

The weekly export-sales report showed beans sold last week for future shipment at a negative 176-thousand metric tons. Note the negative.  This means once we added up all of the new sales and subtracted cancelations, we had more cancelations than new business.  As well, note export sales are at 99% of the USDA projected exports for the new marketing year ending September 1st.  This means...

Continue Reading

The US Treasury Market Is In Missouri – Please Show Me

The US Treasury Market Is In Missouri – Please Show Me

Having gotten through the first quarter of the year, let's just take a quick look at where we stand with interest rates.  The lows in yields were made in late January, 1.16 for the Five-year Treasury bond, 1.64 for the Ten-year bond, and 2.22 for the Thirty-year bond.  Then the employment release in February sent yields on an upward trajectory, and the March jobs data marked the high yields...

Continue Reading

ESM5: A Stalled, Indecisive Market Waiting For Direction

ESM5: A Stalled, Indecisive Market Waiting For Direction

Yesterday The S&P 500 mini futures (ESM5) got slammed overnight, dropping almost 20 points in the pre-market and immediately after the open Tuesday (Apr. 14). But by 10 a.m., it had recovered and marched steadily up for the rest of the day to close at 2091, near the high of the day, and five points above the previous close. Nothing very awe-inspiring, but a win is a win, no matter how...

Continue Reading

Pullback is Probably Complete

Pullback is Probably Complete

Markets move toward targets based on where previous transactions occurred. That’s the principle of Volume Profile that allows us to forecast target zones. The two levels identified on Monday as targets for Tuesday’s market were 4385 and 4366. These were Fibonacci extension levels that corresponded with a low volume node and a high volume node, respectively. The 4366 level marked the low of...

Continue Reading

More Than A Lot, Nothing More Than A Drop – Interesting For Sure

More Than A Lot, Nothing More Than A Drop – Interesting For Sure

The longer I live, the more astonishing life becomes. This is a good thing, as it keeps life interesting (among other things), but, at times, I do shake my head and smile. I mean, who woulda thunk, say, ten years ago, that the name “Amazon,” the word “drone,” and the phrase “red tape” would all be used in the same sentence – Red tape does in Amazon as it pursues its drone delivery program....

Continue Reading

Two Downside Targets

Two Downside Targets

Markets move toward targets and when they get to the 3rd or 4th in the series, the profit-taking can be quite intense. So it was on Monday. The Nasdaq reached our final target at 4440 via a blistering rally shortly after the open. And that was all she wrote. An inverse fib projection suggests targets at 4385 and 4366. The selling today was concentrated in the large caps, including the Nasdaq...

Continue Reading

The e-minis – Lots Of Movement, Not Much Progress

The e-minis – Lots Of Movement, Not Much Progress

Yesterday In Monday's note, we mentioned 2100 as an important  psychological resistance level for the ESM5, the S&P 500 mini futures, and warned that a failure to break through that level might send the price back down to Friday's low. Bingo. In yesterday's trading (Apr. 13), the futures banged up on the open in what looked like panic buying, then stopped one point above the resistance...

Continue Reading

Make A Play on ​The VIX/VXV Relationship

Make A Play on ​The VIX/VXV Relationship

The US equity market has some external forces (QE forever from the Fed, for example) that can distort the true climate of the market.  One thing that I have adapted from this skewed climate is to look at the time structure of the VIX.  Specifically, I look at the relationship between the one-month S&P volatility index (VIX) and three-month S&P volatility index (VXV).  When the VXV...

Continue Reading

Keep Your Trading Simple - The Trend Is Your Friend

Keep Your Trading Simple - The Trend Is Your Friend

If you have been trading for some time, you have probably heard: "The trend is your friend." And if you are an active investor, the trend has been your best friend, at least for the last three years or so. Here's the thing. One of the most important things about trading is knowing how to read charts, and, of course, knowing how to read a trend, especially a change in the trend. By knowing...

Continue Reading
    3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11    
Membership is Free. Join Now in less than 5 seconds! Alternatively Join or Sign In here.