Archive | November, 2013

Building A Career As A Commodity Broker

Building A Career As A Commodity Broker

As commodity traders, we spend our time worrying about markets and the directions they’re heading. Obviously, to trade we need to have an account with a commodity broker, but we rarely have time to give a thought to the people who sit on the other side of the trading desk. Did you ever wonder what […]

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US SPX 500 Futures - Option Queen Letter

The Option Queen Letter

  Okay so how many of you knew that once the S&P 500 approached 1800 that it would take it out? We would be willing to guess that the majority of our readers were of that belief. Any market watcher, worth listening to, would have come to that conclusion. Now that the mission is completed, […]

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Cotton Futures

Cotton – A Potential Sleeper

Since reaching a high just above 90 cents/lb. in mid-August cotton futures have been on a downward trajectory giving up nearly 15%. In the March contract futures have found a value zone just below 78 cents where futures currently sit. I am operating under the influence the current base being built over the last two […]

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Lean hogs (meat)

Let’s Talk Meat

Lean hogs put in an interim top right around Halloween and have fallen off since losing just better than 7% dragging February futures to the up-sloping trend line that has acted as support since May. Though futures are currently oversold I am operating under the influence that the path of least resistance remains down and […]

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Coffee Futures chart

Coffee is out of Favor…But

After two weeks of relentless pressure coffee futures have started to find their footing trading higher three out of the last four sessions. As of this post futures are higher by greater than 2.25%. Let’s see if bulls can hold onto these gains? In just four sessions March has advanced a nickel off the seven […]

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Russell 2000 Index

Are we Headed for a RUT – The Russell?

After 8 positive weeks that has lifted futures to record highs last week the Russell did have a negative week closing lower by just better than 2% failing to hold onto its gains. A rejection of the highs and lower trade could be a tell of what’s to come? It is too premature to call […]

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Cotton - Markets Do Not Move in a Straight Line

Cotton – Markets Do Not Move in a Straight Line

For the last ten consecutive sessions cotton prices have been in the red shedding 7% within that time frame. Futures are within spitting distance of posting fresh 13′ lows closing under 80 cents/lb the last two days. A 100% Fibonacci retracement puts futures in March near 75 cents though I believe the red horizontal line […]

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