Tag Archives | commodity trader

Option Queen Letter

How many of you actually believed that there would be a market upset, inspired by the sub-par loan portfolios? Much of the problem comprised with anticipation, as the consequence of knowing the event was necessarily forth-coming, was the very long lag-time required for the mess to bubble to the surface of the debt pool. (more…)

Continue Reading 0

Gold… “the Safe Haven”

The Gold market has become a very technical trade recently. It feels like the market has lost many investors due to its pull back from the $700 level. This is to be expected, as it fights to earn some allocation of investor capital against a stock market that has made new weekly highs in eight […]

Continue Reading 0
Gold Futures

Potentially Bearish Rising Wedge in June Gold

June gold futures have just recently formed a potentially bearish rising wedge pattern on the daily bar chart. Following last week’s sharp losses, the market has seen a few sessions of tepid short covering and bottom-fishing by traders. This minor corrective bounce has formed the rising wedge formation on the daily chart. Bears would gain […]

Continue Reading 0
Doji patterns

Doji Candlestick Company

If you haven’t noticed it, be cognizant that major financial markets around the world have been reaching record highs. I am sure you already knew that, but it’s great news for the everyday investor. Although this is all fine and dandy, be alert that some analysts and researchers have been talking about the “frothiness” of […]

Continue Reading

Option Queen Letter

Now, the abysmal retail sales numbers have been attributed to those individual investors, who’re thoughtlessly throwing money at an already overbought stock market. Well, perhaps it is a thought, however justified. But, from where we sit, we see money chasing money, raising it higher and higher, yet buying, every dip. Now, we’ve expressed a concern, […]

Continue Reading 0
Orange Juice Futures

OJ Trade Recommendation

OJ had been on a very long term up trend since 2004, but that trend has now decisively broken down. It is now making a classic bear flag as you can see on the chart below. This market is destined for a much deeper correction after the huge run up it has seen. A 50% […]

Continue Reading 0
t-Bond Futures

T-Bond Trade Recommendation

Today we have the rate decision from the FOMC at 2:15pm EST. The consensus is that Mr. Bernanke and company will leave interest rates unchanged. The main issue many traders are looking for is a change in verbage towards inflation. With Gas prices at all time highs and Gold closing in on $700, signs of […]

Continue Reading 0
Soybean futures

Soybeans Oversold, Bottom Likely Near

July soybean futures at the Chicago Board of Trade on Wednesday gapped lower on the daily bar chart and hit a fresh three-month low of $7.29 a bushel. Near-term chart damage has been inflicted upon the soybean market recently, and prices are in a two-month-old downtrend from the late-February contract high of $8.22. However, July […]

Continue Reading 0
May 2007 Corn Futures

Big Gaps Down in Corn; Chart Benchmarks Now Eyed

Corn futures at the Chicago Board of Trade on Friday opened and closed locked down the daily permissible trading limit of 20 cents a bushel. On Monday morning, corn futures also opened up locked down the daily trading limit. Friday’s and Monday’s price action produced huge and bearish downside price gaps on the daily bar […]

Continue Reading 0

O&F News & Views

This week we begin with rising tensions with Iran. This situation will surely keep the bid in energy and metals until it gets sorted. We have seen commodities as a whole move back towards multi year highs and that has many people rushing to invest in our markets. These new investors usually have a very […]

Continue Reading 0