Archive | June, 2006

US Dollar Index Trade

US Dollar Index Trade

The Dollar index has been on a prolonged dead cat bounce for about two months now and we are seeing signs that the old buy the rumor and sell the fact idea is playing out here in perfect form. Traders have bid the dollar up in anticipation of tomorrows rate hike and like most markets […]

Continue Reading 0

Rice Futures

Jim Rogers has spoken repeatedly of the need to invest in anything related to China. As they have continued to grow, along with the rest of the continent, the Chinese have consumed massive amounts of copper, zinc, oil, and many other commodities. This increased worldwide demand has caused prices to reach all time highs for […]

Continue Reading 0

Secrets of Traders

What is the Fed going to do on Thursday? That’s a real good question? It seems like everybody thinks we are going to see another 1/4 point rate increase. But the word on the Trading Floor at the Chicago Mercantile Exchange is that we may see a 1/2 point move.

Continue Reading 0
August Crude Oil Futures

August Crude Oil Futures

August Crude oil futures on the New York Mercantile Exchange are in a seven-week-old downtrend from the early-May high of $77.08 a barrel. Prices last week hit a fresh 10-week low of $68.65. Now, last week’s low of $68.65 is important technical support for the bulls to defend. A close below that level would produce […]

Continue Reading 0
Cotton Futures Trade Idea

Cotton Futures Trade Idea

Cotton has been a tough market to trade so far this year. This market has recently completed a classic inverted head and shoulders bottom formation and a bull call spread is the simplest way to position for the rally that we expect to be coming. Cotton has not participated in the overall rally in commodities […]

Continue Reading 0
Sugar Gaps Up; Lows Likely in Place

Sugar Gaps Up; Lows Likely in Place

October sugar futures at the New York Board of Trade on Tuesday gapped sharply higher on the daily bar chart and hit a fresh three-week high of 15.90 cents a pound, as of this writing. Bulls on Wednesday gained fresh upside technical momentum to suggest that a near-term low is now in place. Just last […]

Continue Reading 1

The Commodity Boom

The commodity boom currently underway in all areas is due to shortages. Shortages are the result of different circumstance depending upon the commodity. Different commodities will be examined but all stem from a common thread and will only be amplified by its shortages: Energy. (more…)

Continue Reading 0

CBOT’s Ethanol Futures

WASHINGTON, June 19 /PRNewswire-FirstCall/ — Chicago Board of Trade (CBOT®) Chairman Charles P. Carey testified before the United States Senate Committee on Energy and Natural Resources today regarding the CBOT’s Ethanol futures contract — the only actively traded denatured ethanol futures contract listed in the U.S. (more…)

Continue Reading 0

Commodity Derivatives & Oil and Gas Companies

Based on an analysis of numerous financial reports of U.S. oil and gas companies filed with the SEC and discussions with selected issuers, Standard & Poor’s Ratings Services found that just about all U.S. oil and gas producers and refiners use derivatives to manage risks related to oil and gas commodity prices, albeit at varying […]

Continue Reading 0