Archive | March, 2013

The Option Queen Letter

We are not surprised to see the S&P 500 make a new high. Ever since the problems began in the Eurozone, the United States has been the least of the bad places to invest. Given our deficit problems and our political stalemate, we continue to have problems. Those problems are nothing compared to those seen […]

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Heads or Tails on the Dollar?

The US dollar is minting 8-month highs after appreciating 5.4% in the last 60 days. Sunday night’s selloff tested the 38.2% Fibonacci level, where prices quickly bounced. June futures are now at 83.50 and will likely close the week above their 20-day MA (dark blue line). 83.50 remains the line in the sand – from […]

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Is the Loonie set to fly?

After starting 2013 with a 5% slide the Canadian dollar has found its footing. It’s up 1.5% in recent weeks and, as I’m writing, we’re trading above the 34-EMA for the first time since early February. Adding further confirmation to my bullish bias, prices have broken above the down sloping trend line that had previously […]

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A cup of Morning Joe

Coffee has been one of the worst performing commodities YTD – good news for bears, bad for bulls! May futures are lower by 16%, challenging the lowest level traded since the summer of 2010. We all know that past performance is NOT indicative of future results, but coffee appreciated 125% in one year’s time after […]

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Option Queen Report

The Option Queen Letter by the Option Royals We are entering the last week of the first quarter of the 2013 year and the last week of the month. These quarterly reports lead portfolio managers on a quest to tweak their portfolios to represent their public performance better. These adjustments to portfolios are seen monthly […]

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The Almighty Greenback

The US dollar has benefitted from being the best house in a bad neighborhood in recent months. Since the first week of February the Greenback has appreciated 5%, low to high, lifting prices to fresh six-month highs. But this party is over, in my opinion. At least for now… I’m calling an interim top at […]

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Bonds triple top in the making

Energy: Crude oil got back nearly half of yesterday’s losses higher by just better than 1% as of this post. Prices are back above the 8 day MA which should continue to serve as a pivot point. At this juncture I am neutral on Crude oil as I think prices could go $3 in either […]

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