Archive | economics

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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Uncle Ben is speaking tomorrow

Energy:  July Crude oil held its 8 day MA on an inside day. I say lower from here but would only take small bets. My suggested play is short August futures and selling out of the money puts1:1. I’m only looking for $3-4 so if the market delivers cover. RBOB gave up 2% today failing […]

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The Option Queen Letter

The airs is full of talk of sequestration and the resulting furloughs of air traffic controllers. Naturally this mess was quickly cleaned up when our elected officials needed to avail themselves of the flights. Now there is more to this than meets the eye, of course. How much of the delay was due to sequestration […]

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Is the rally in the US equity market over?

Is the rally in the US equity market over? We think not. There are few reasons why we remain more positive than negative on the US equity markets. One of the reasons is, where else can money go to earn a decent return without the worry of a currency blow up or country freeze on […]

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Waiting for the cabby signal

The market appears to be sending us an observable signal of a possible top. This week for the first time since the Lehman failure, we are hearing from people we know that they are quitting their jobs to trade. Although, it appears that we are near or approaching an interim top we are waiting for […]

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Helicopter Yen

For months the Yen has traded lower as a number of trend followers have been able to print money on bearish trade right along the side of Central banks. The party may be over as prices appear to be establishing a base in the last 4 weeks. Do I think the trade is over…maybe? As […]

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Fibonacci levels as your targets

As of this post 30-yr bonds are probing the down sloping trend line that has capped rallies since the first week of December. With a settlement above the 9 and 20 day MAs we’ve seen today I expect a trade higher. The inverse relationship to equities also would support a move higher. My suggestion is […]

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Sally Nicoll Speaks

Sally Nicoll was a journalist, broadcaster and advertising copywriter before she discovered spread betting. She told of her experiences in this latter field in Bets and the City , a comedic memoir which turned out to be a surprise bestseller and transformed her into a cult figure. Sally was taught about gambling on horse-racing by […]

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Futures at the fiscal cliff

Energy: Crude oil closed 1.42% higher as the 100 day MA supported today, currently at $91.65 in February. Another $2 move higher would complete a 61.8% retracement and put futures back near their October highs…this is a reach but possible in my opinion. I still like the idea of scaling into bearish trade. My favored […]

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Bulls dig in their heels

Energy: February Crude oil rejected a $90 trade and closed just under that level. This is right around the same level prices have failed the last 2 months so I would expect some give back soon. Also the 38.2% Fibonacci level should contain any serious upside at $91.25 in my opinion. I will be willing […]

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