Archive | September, 2007

US T-Bonds

US T-Bond Trade Idea

Bonds have seen a tremendous rally in the last few weeks on the idea that the Fed would enter into a new rate cutting mode. We will find out on the 18th of September it that in fact is true. Either way we feel bonds have gotten ahead of themselves and should see a pull […]

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Forex Market Update

All eyes are on Bernanke and company between now and the 18th. The markets have all priced in a rate cut as a sure thing. If the Fed now fails to deliver, watch out. We continue to be cautious ahead of this meeting a Bernanke is still a largely unknown quantity. We feel that the […]

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Odom & Frey News & Views

Energy Complex (NYMEX) Crude Oil: Crude oil did push back above 75 as we mentioned it would in the last issue. The daily chart could be forming a double top if resistance above 78 holds. Frankly we do not see that resistance holding in the near term. We see this market moving to test the […]

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December Gold Futures

Gold Bulls Challenge Major Resistance at $700 area

December gold futures on Thursday hit a fresh six-week high as the bulls have regained solid upside near-term technical momentum. Prices are in a steep uptrend from the August low, and have tacked on almost $50 an ounce from the August low. The next major upside price objective for the gold bulls is to produce […]

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Soybean Futures

Soybeans in Steep Uptrend, But Warning Signals

November soybean futures are in a steep price uptrend and just Tuesday hit a fresh six-week high. Prices have also recently pushed above major psychological resistance at $9.00 a bushel. The next upside price objective for the bean bulls is to produce a close above strong technical resistance at the contract high of $9.49 1/2. […]

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Hedge Fund Investors More Rational Than Rash

DALLAS, Sept. 4 /PRNewswire/ — Hedge fund investors’ tendency to focus on long-term performance strengthens hedge fund stability, according to the August issue of the Federal Reserve Bank of Dallas’ Economic Letter. In “Hedge Fund Investors More Rational Than Rash,” Assistant Vice President Jeffery W. Gunther and Harvard University student Anna Zhang examine a decade’s […]

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Option Queen Letter

We refuse to be left out of both a discussion of the ‘sub-prime’ problem and those tragic people who neglected to read their loan agreements; we direct that you look carefully at those agreements before daring to point your crooked finger at the borrowers. These onerous documents are written for only the anal class of […]

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