Stocks and commodities are expected to see more downside with Treasuries and the dollar seeing the inverse…in my opinion. Inside day in Crude oil with prices closing lower by 1.3%. Considering outside markets I expected...
Read MoreAs a trader I am looking for Santa to bring me a better market… a more decisive trend , a clear buy or sell signal, more certainty…any or all of these I welcome with open arms. Crude closed lower this week making...
Read MoreStill waiting for a catalyst. January Crude continues to dance around the $100-102 level unable to find direction now for the last week. We favor scaling into to bearish positions at these levels expecting a break back near $90...
Read MoreMarkets remain sluggish looking for direction…either higher or lower. As of this post Crude is virtually unchanged hovering around the $101/barrel level. We still favor fading any rallies as $102 is continues to act as...
Read MoreAs of this post Crude is just above $101/barrel and will close out the week positive after back to back losing weeks. We still favor scaling into bearish exposure looking for depreciation to follow. For the last two weeks...
Read MoreAs of this post Crude oil is slightly lower trading just above $100/barrel. Continue to fade any rallies as a breach of the 9 day and 18 day MA’s at $98.25/98.15 should signal lower ground. Natural gas picked up 2.7%...
Read MoreKicking the can…is that another way to refer to death…well in the case of Europe and the US kicking the can down the road is similar to dying a slow death. Crude oil will close back over $100/barrel but well off...
Read MoreQuiet trade today as it appears most markets are waiting for a signal on what’s next. I would remain cautious and with a large cash position looking to pounce when select opportunities present themselves. In other words be...
Read MoreWhat will a dollar retracement mean to the commodities market Crude will close higher but roughly $4 from its highs. Being we did not see more upside today considering outside markets we would continue to fade rallies looking...
Read MoreA great saying I read on one of the blogs I read…eat turkey and do not be one. It was referring to doing homework when trading…having a plan and executing it. I for one am looking forward to some turkey and family...
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