The more I look at commodity ETFs, the less I understand their appeal. For investors with the risk tolerance and knowledge, futures often have better liquidity than ETFs.They also offer longer trading hours, and it’s as...
Read MoreThere are a number of interesting charts today.Many recent market moves were driven by moves in the US Dollar; today’s follow through rally and upside breakout in the Dollar have caused some big moves today.Let’s...
Read MoreAfter the G8 summit, Russian Finance Minister Kudrin said that the US Dollar is in good shape and it’s too early to start speaking about alternatives.This helped the dollar extend Friday’s gains, and in turn is...
Read MoreEven a stopped clock is right twice a day.Yesterday morning, about a half hour before the 30 year auction results were released, I wrote that I thought Treasury bond futures might be putting in a bottom.Traditionally, Treasuries...
Read MoreThe Dollar is sharply higher.Overnight the Japanese Finance Minister Yosano said his nation’s confidence in U.S. debt is “unshakable” and that the currency’s global status is safe. Euro zone Industrial...
Read MoreTreasuries have been in a big downtrend in 2009 as they face the Scylla and Charybdis of big budget deficits and the “green shots” of economic growth traders keep seeing.The past two weeks have seen two new down legs...
Read MoreStocks are about unchanged; they continue to gravitate to current levels. I think we’re increasingly reaching a point where stocks will need to start seeing concrete evidence of a pickup in the economy, not just rally in...
Read MoreJapanese Yen futures have shown good examples of some of setup patterns I look for in Swing Trader’s Insight. Let’s take a look at them. Following Friday’s big selloff, Monday (the circled bar) showed...
Read MoreStocks are higher on optimism for an economic recovery in H2 09. The Chrysler buyout will go through, and Home Depot raised its forecast for EPS. Crude oil is making new highs after last night’s API report showed a drop in...
Read MoreCopper futures were another market with a breakout setup today.Yesterday had the narrowest range of the previous four sessions, and it’s been forming a pennant on the daily chart.Let’s look at the chart to see how it...
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