Archive | June, 2013

S&P Game Changer

Could a breach of the 50 day MA (dark blue line) at 1610 today be a game changer? As seen on the chart below that level has acted as support an all attempts in recent weeks. I am a believer that a settlement under this pivot point confirms an interim top and we are preceded […]

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Making Investments with Oil and Gas Companies

Tips on Making Investments with Oil and Gas Companies In the world of investments, there are many pros and cons to deal with and consider. This is especially true for oil and gas companies, that you may plan to invest in, or partner with. The three main avenues which most experienced resource investors look at […]

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Will V spell Victory or Volatility for equity bulls on Fed

  GREAT PACIFIC TRADING LAS VEGAS -ECONOMIC CALENDAR &       MARKET OUTLOOK- June 18th-19th, 2013 You can reach me at rroscelli@gptc.com for questions, comments, and information about opening an account with Great Pacific Trading Las Vegas. Follow me on Twitter @richardroscelli **The information and opinions contained herein comes from sources believed to be reliable, but are […]

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Crude Oil Approaching $100/Barrel…Not this Time

In the last 10 weeks Crude oil has added $12/barrel lifting prices as of this post to four month highs with August futures flirting with the $100/barrel level. Not that the fundamentals have mattered in the energy complex but Crude oil inventories are at the highest levels they’ve been in years. For the last 10 […]

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Swiss Franc, Play a Retracement

Since putting in a bottom on 5/22 at 1.0186 the Swiss franc has appreciated 6.5%…as of last week lifting futures to four month highs. I am operating under the influence an interim high way reached last week at 1.0962. Let the Fibonacci levels on the chart below guide you on this trade as I am […]

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IMF vs US Fiscal Policy. Will the FED weigh in this week at FOMC meeting?

Global Economic Calendar Week of June 16th, 2013 DATA HIGHPOINTS FOR THE WEEK: —US FOMC Meeting & Rate Announcement…UK, USA CPI Data…Eurozone, German ZEW Economic Sentiment Index…Release of UK BOE (Bank of England) Monetary Policy Committee meeting minutes… UK Retail Sales… US Markets Quadruple Witching. Data release times are in GMT or specified US EST […]

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Natural Gas Bargain Hunting

September natural gas futures are lower by 13.1% in the last 3 weeks and lower by 15.9% from their highs made on 5/1. As it stands futures are just under their 61.8% Fibonacci level (lower white jagged line) and attempting to trade back above the 8 day MA (orange line). Stochastics indicate an oversold market […]

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Richard Roscelli Great Pacific Trading Company-Futures Market Outlook-June 14th, 2013

  GREAT PACIFIC TRADING LAS VEGAS -ECONOMIC CALENDAR &       MARKET OUTLOOK- June 13th-14th, 2013 You can reach me at rroscelli@gptc.com for questions, comments, and information about opening an account with Great Pacific Trading Las Vegas. Follow me on Twitter @richardroscelli **The information and opinions contained herein comes from sources believed to be reliable, but are […]

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Cocoa Shows Short-term Chart Damage

Cocoa has been kind to speculators of late as we we’re fortunate to catch a few trades. Will three times be a charm? From here it appears prices could be headed south. In the previous two weeks September futures bounced off the 61.8% Fibonacci levels gaining eight consecutive days’ elevating futures 8%. Today will likely […]

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US Dollar, Dead Cat Bounce

If you go back in time and read comments from 2-3 weeks ago I had called for deprecation in the dollar and the market delivered. I only bring this up because the move happened a lot quicker than I anticipated…from the high made 5/23 June futures are lower by 3.3% in just over 2 weeks. […]

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