Prepare for NFP 2/2/12
I think the number is fabricated but nonetheless it is market mover so prepare for tomorrow’s jobs number. As of this post Crude is lower by 1% about in the middle of today’s range trading lower for the seventh...
Read MoreI think the number is fabricated but nonetheless it is market mover so prepare for tomorrow’s jobs number. As of this post Crude is lower by 1% about in the middle of today’s range trading lower for the seventh...
Read MoreWith a more positive outlook domestically and abroad expect commodities that had previously factored in a more dire picture to get back losses from late 2011. Today makes it five days in row with Crude down just over 1% as of...
Read MoreWith one month under our belt how is your 2012 looking? RBOB, OJ, stocks, feeder cattle and all the metals were the upside movers in the month of January while natural gas was the only negative standout. Will these moves set the...
Read MoreOver the next few sessions we will know but we may see some gains given back in equities as minor chart damage is being done. That being said expect higher trade in Treasuries and commodities on a stock retraction. Crude...
Read MoreWith the Fed hinting at more quantitative easing do not expect commodities to get inexpensive any time soon. Crude oil has made a higher high now for the last three sessions and on a close back above $100 traders could start...
Read MoreI misread the recent action thinking we were approaching a turning point but now it appear the markets were just taking a breath and now the underlying moves are back on track….trade accordingly. Crude appears to be...
Read MoreTuring point…not today and probably not tomorrow but I would expect the equity market to give back its recent gains in the very near future. What that likely means is money out of stocks and into Treasuries and...
Read MoreFed meeting this week as well as any new developments out of Europe. My suggestion is to always look one-two weeks in advance for upcoming economic events when initiating trades. Just when it appears Crude was destined to move...
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Read MoreIt is still very early in the year but let me point out a few standouts ytd. Natural gas is lower by 22%, silver is higher by 15%, cotton higher by 7%, OJ is at record high up 24%, wheat is lower by 8.5% just to name a few....
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