Archive | June, 2013

NOB Spread, A Contrarian Play

When the boat is leaning one way I generally prefer to be on the other side. Do I think the 33 year bull market is over in Treasuries…the simple answer is yes but in the short run I think the debt complex has gotten ahead of itself and we get a rebound from current levels. […]

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Corn/Soybean Ratio Spread

Relative (ratio spread) trades can work if one commodity moves in the proper direction big and the other does not move at all, both underlying commodities move in the correct direction small but consider this two separate trades and the misconception that spread trades are less risky than an outright is flawed in my eyes. […]

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Lean Hogs, The Other White Meat

Lean hog futures (August contract) are up 5.4% after putting in a bottom at 88.70 on May 17. We’re now trading at 3 ½ month highs… putting this market into overbought levels. As of this post it appears buyers are showing signs of fatigue as we have a potential triple top at the recent highs […]

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Nikkei First …S&P Second?

Let me be clear Japan and the US are two distinctly different economies but can we draw anything from the 18% assault on the Nikkei in the last two weeks? Will trade south in Stock indexes in the East and across the pond tell investors anything about a correction domestically to come? We are comparing […]

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Bearish Engulfing Candle in Gold

Energy: All yesterday’s gains were given back in Crude oil today with losses of 1.75% putting prices under $92/barrel. The 50 day MA has capped upside the last two sessions and until July gets above $94 expect sideways to down action. Above $94 I am a lot friendlier. I continue to trade my bias on […]

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