We may have to admit we’re wrong in the next few days as a number of markets are exhibiting signs of higher ground. Stock, energies and metals could be on the verge of breaking out to new highs and we had previous forecast...
Read MoreI constantly remind my clients there are three distinct positions: bullish, bearish and the sidelines. We have most of our clients money on sidelines as we do not see many screaming buys or sells. Crude oil will end the week at...
Read MoreWe are not convinced the markets are correct in the recent appreciation and see downside risk in the immediate future in stocks as well as most commodities. For eight sessions now Crude oil has remained stuck in a $4 trading...
Read MoreNothing notable to report as most trade was two sided . For the first session in four Crude oil traded positive closing marginally higher just above the 9 day MA. At these levels we feel Crude is too high as we are still...
Read MoreShort term expect more weakness in securities and commodities…medium to longer term use this weakness as buying opportunities at least in commodities. Intra-day Crude was down by over $4/barrel but as of this post prices...
Read MoreThat is a loaded question because investing in commodities is not safe however if a clearing firm goes out of business and you have a futures account the answer is yes. With the passing of MF Global I was asked this question a...
Read MoreAfter all the huge moves we experienced yesterday one would expect follow through today which did not happen. Next week as a new month begins it will be critical to pay attention where the money flows. As long as Crude does not...
Read MoreEuropean Vacation – May be one of my favorite Chevy Chase movies but in this case describes where the policy makers heads are at. Seriously when will governments get out of the way and let systems fail and stop kicking the...
Read MoreAcross my Reuters terminal today I thought I was seeing things with talk of deflation. Has anyone looked at longer term pricing on commodities say over the last ten years…Really Crude will close lower by 2.5% today...
Read MoreIt is too early to say but initial market action indicates some change in trends. Stocks and Crude lower, bonds higher and metals could be breaking out of their recent sideways congestion..time will tell. After approaching $95...
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