Archive | January, 2007

BM&F Mini Futures Set a Volume Record in 2006

The Brazilian Mercantile & Futures Exchange (BM&F) traded a record-breaking 8.817 million mini futures contracts in 2006. In 2005, this total amounted to 1.013 million. For 2007, BM&F plans to launch a new mini futures contract for gold. Currently, the Exchange has a portfolio of four mini futures contracts available to its investors: Live Cattle, […]

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Canadian Dollar Futures

Present Pause in Canada Dollar Futures Not Bullish

The March Canadian dollar futures at the Chicago Mercantile Exchange last week hit a fresh contract low of .8452. This week, the market has been in a “pause” mode–meaning quieter trading activity after the fresh low was established. This pause is not a bullish technical signal and does suggest that a downside “breakout” from this […]

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Dow and Crude Oil Spread

Last week was another volatile one and I know I sound like a broken record on that note but this level of volatility is unprecedented. As I have mentioned in the past this volatility is here to stay. The biggest thing I think traders should focus on these next few weeks is the spread between […]

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Short Term Trading with Oscar

Born in Manhattan and raised in Staten Island, Michael (Oscar) Carboni stumbled upon the exciting world of commodities trading while a freshman college student visiting his then girlfriend, now wife, Lisa, who had just gotten a job on the floor. Soon the lure of big money in the fast paced, pressure packed ‘pits’ (as brilliantly […]

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Soybean  Futures May 07.jpg

Soybean Bio-Diesel Trade Recommendation

The recent State of the Union address was interesting to say the least. One of the major themes to come out of it was the Presidents desire to become more energy efficient. If this idea gets some traction then we will likely see three markets in particular benefit the most from this move away from […]

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Silver Futures March of 2007

Silver Trade Recommendation

Silver has bounced after falling over $1.50 in two days in mid December. This bounce has fooled many traders to conclude that we are back to the races. This market has just today rallied back above $13.25 and has done a classic head fake move. Look for silver to begin to pull back later this […]

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U.S. Dollar Index

U.S. Dollar Index Bears Gain Technical Momentum

March U.S. dollar index futures on the New York Board of Trade on Tuesday slumped to a fresh two-week low of 84.28. Tuesday’s price action did produce a bearish downside “breakout” from a two-week-old sideways trading range on the daily bar chart, and the dollar index bears have gained some fresh near-term downside technical momentum. […]

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The Options Doctor

The Options Doctor

The Options Queen, Jeanette Schwarz has just released her first book: The Options Doctor: Option Strategies for Every Kind of Market (Wiley Trading) The cold winds have returned to the North-Eastern region of the United States, just as we all were about to sell our old winter clothing. We here, in this region, have been […]

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Crude Oil Futures

Crude Oil Trade Recommendation

Crude oil has been free falling for months now. We had expected this slide and have been waiting patiently for a buy signal. We have now found support very near the 50% fibonacci retracement level. This support should hold this market up and after the slide we have seen a bounce back to the mid […]

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Corn Futures

Corn Trade Recommendation

Corn has been one of the best performing grain markets in 2006 and now 2007 has started with a bang. After last weeks bullish crop report we are seeing corn trade above $4.00 per bushel for the first time since 1996. Much of the new demand is coming from ethanol, but harsh weather conditions are […]

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