Tag Archives | Asset management

Coffee Futures chart of January 3, 2014

Coffee Getting support from the Funds

As of this post coffee prices are higher by 4.44% with prices approaching previous resistance just below the 50 day MA (light blue line) that was challenged last week. Prices appear to be on the rise as money managers bought the dip this week when prices were trading near three weeks lows. I anticipate funds piling into coffee longs next week buying upwards of 10,000 contracts as they re-balance their positions at the […]

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Silver Futures, August 12, 2013

Hi-Ho Silver – A Breakout?

Silver is higher by nearly 5% today trading to its highest levels since 6/19. Since 6/28 when September futures traded as low as $18.17 (33 month low) prices are higher by 17.4%. Two significant developments in the last two trading sessions…a settlement above the 50 day MA (light blue line) which had not occurred since […]

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Cocoa Futures

Cocoa – How NOT being in the Market can make you $$

First let’s address the move in cocoa today…that had futures higher by 3.19% and intra-day trading to their highest levels in three months. Last week one can see that we found support at the 20 day MA (light blue line) as futures danced that line for five sessions before the acceleration today. Weather related news […]

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OJ Futures

FCOJ – A Retracement Ahead

On the one month relative performance OJ has been the best performer with November futures higher by 12% as of this post. Me being a contrarian I’d like to fade this appreciation with clients. As one can see prices have been running into resistance for the last two weeks just above current trade as identified […]

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Canadian Dollar Futures - CAD - Loonie

CAD – The Loonie has a Broken Wing

I hate to date myself here but as a young man I was very fond of the video game duck hunt- a “classic” shooting game for the first version of Nintendo. Just as those birds fell from the sky I think the Loonie short term is headed south. Most followers are aware I have been […]

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