Archive | February, 2012

The Option Royals

So what is wrong with a bull market? This has been a wonderful reprieve from the doom and gloom we have lived with since the Lehman Bros sacrifice. Don’t try to figure out when it is going to end; it is like sunshine it is great for the spirit and soul but bad for the […]

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New Ventures

This will likely be my last post from MB Wealth as I have chose to close my brokerage. I am in the final stages of a new employment contract with a large Commodity firm in Chicago. This is goodbye temporarily but I will be back in the coming weeks. Please do not hesitate to reach […]

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Anticipating Market Moves

I generally report on what happens today but how money is made is anticipating what will happen tomorrow. There are no major moves that I am forecasting in the immediate future…it remains a traders market so the key is to manage all your individual positions. Monitoring risk and booking profits. Quietly Crude oil has gained […]

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Stocks lower Equals

I am out on a limb saying we will finally get a correction on the stock market after the impressive bullish start we’ve experienced ytd. If stocks depreciate where will that money go? Crude is trading at a one month high trading higher by 1.3% today. Continue to trail stops as I still expect an […]

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My Valentine

Making money in commodities is nice but allot sometime today to spend with loved ones! Crude’s gain today was minute but intra-day prices were at three weeks highs approaching the $102 level. Echoing yesterday’s thoughts we should inch higher near the $104 area in the coming weeks but I do not see much more than […]

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Significant Resistance

It is said the S&P 500 is a good barometer of the overall economy. The question is can prices overcome the 1350 level? A number of times in the last 10-15 years this level has been reached but only once prices managed to keep trading higher. Probability wise prices are likely due for a correction. […]

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Complacency

Do not get complacent because the market is quiet. Inaction can sometimes cause more damage than action. Do not forget to manage your trades. Crude oil is flirting with the $100/barrel level once again. I am mildly bullish but trade small as a trade back under $97.50-98 could mean lower ground. It is not the […]

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Quiet Trade

Non event in the markets today but it does feel like markets are taking a breath for a big move…I am just torn on what direction. As trades develop I will try to keep you informed. Crude will close above $97 on the March contract today which puts the bulls back in control. Support is […]

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Building on Strength

Metals, stocks and even foreign currencies continue to build on strength as 2012 has virtually been a one way trade…will this continue? Crude oil erased the previous week’s losses adding 1.9% today but failed to close above $99 in March. I view that level as the pivot point so I remain bearish still. Be willing […]

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True Commodity Play

After speaking with several prospective commodity clients today I want investors to recognize that by trading etf’s or buying stocks in a commodity sector you are not trading commodities. That being said commodity trading is not appropriate for most investors but those financially suitable with some risk tolerance should explore futures, options and managed futures […]

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