Archive | September, 2006

Commodity Trading Fraught With Peril

You’d be hard-pressed to find a “hot commodity” lately. With the U.S. housing market giving investors a scare, China’s building boom facing some restraint, Iran apparently less of an immediate threat to oil supplies, and hurricanes failing to howl, commodities have been slipping since early August. (more…)

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Hong Kong’s Forex Market Strives to go Global

Hong Kong’s foreign-exchange market can leverage its strengths to become an international centre, Monetary Authority Chief Executive Joseph Yam says. In his weekly column Viewpoint, Mr Yam said the local forex market has adequate liquidity to cope with large orders, and its supporting infrastructure is arguably the best in the world, particularly in managing settlement […]

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Chicago Mercantile Exchange Eyeing Indian Derivatives Market

The Chicago Mercantile Exchange could enter India`s booming commodity derivatives market if the government relaxes its rules, MD John Davidson said on Friday, agency sources reported. CME also plans to offer its expertise to exchanges in India and is eager to help enable trading of Indian commodity derivatives elsewhere, Davidson said during his visit to […]

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Dow Trade Recommendation

Dow Trade Recommendation

The Dow has rallied for sometime now only to stall just before reaching all time new highs. With the fundamentals of our domestic economy being what they are, it’s amazing that the Dow has held up as well as it has. This market is very ripe for a sell off and could easily fall a […]

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Danger Will Robinson, Danger

Remember the Robot in “Lost in Space” a long ago sit-com? Perhaps that should be the clarion call for the day! “Danger Will Robinson, danger!” Foreign purchases of U.S. securities fell in July. That retreat was the largest one seen in over a year! Not too good when you need foreign purchases to fund deficit […]

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Why Every Portfolio Needs a Natural Resource Hedge

While the prospects of profiting off of energy by owning either stocks or oil futures may be uncertain in the short to intermediate-term economy, there are two compelling arguments that I want to present to encourage every investor to hold a portion of their portfolio in a Natural Resources fund. My first case is based […]

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Gold Sales

Central Banks Quicken Pace of Gold Sales

By Jon A. Nones St. LOUIS (ResourceInvestor.com) — The European Central Bank reported yesterday that three central banks in the European Gold Agreement (EGA) decreased holdings by EUR 499 million ($633 million) in the week ending September 15. At today’s gold prices, this totals 33 tonnes and puts September’s gold sales at 40 tonnes so […]

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Coffee Trade Recommendation

Coffee Trade Recommendation

Coffee is usually one of the more volatile markets to trade. Over the course of this past summer we have seen volatility in this market move to a multi year low, as I pointed out on the chart below. When volatility is low it favors buying options, conversely when volatility is high it favors selling […]

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Consumer Price Index

Priced for Perfection

The markets have been on a steady rise since bottoming out in mid-July. Much of this relates to the markets belief that the economy and housing market is in for a soft landing. Basically, the market has been priced on the assumption that Federal Reserve Chairman, Ben Bernanke and the Federal Open Market Committee (FOMC) […]

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Live Cattle Bears Gain Some Momentum

Live Cattle Bears Gain Some Momentum

October live cattle futures have seen a sharp sell off from higher levels this week. No serious chart damage has yet occurred. An uptrend line on the daily bar chart is still in place, but just barely. However, the bears have gained some fresh near-term downside technical momentum. (more…)

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