Archive | November, 2011

Managing the Trade

There is nothing super bullish or bearish that jumps out at me it has just been about managing your trades. January Crude got within 50 cents of $100 but failed to clear that hurdle today. As of this post Crude is lower by .65% trading just above $98/barrel. Bulls remain in control but after a […]

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11/11/11 MF Global’s Disaster

11-11-11 is this a lucky day? More so than luck how about some justice..I’ll feel a lot better when steps are taken to make MF Global clients whole and the sanctity of the commodities industry is repaired. Regulators and exchanges do not get it! Crude oil will end the week roughly $5 from where we […]

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Potential Breakouts

We may have to admit we’re wrong in the next few days as a number of markets are exhibiting signs of higher ground. Stock, energies and metals could be on the verge of breaking out to new highs and we had previous forecast lower ground. Stay tuned as we may be adjusting our trading recommendations […]

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Three Distinct Positions

I constantly remind my clients there are three distinct positions: bullish, bearish and the sidelines. We have most of our clients money on sidelines as we do not see many screaming buys or sells. Crude oil will end the week at the upper end of the recent trading range just above $94/barrel in December. Some […]

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Downside Risks

We are not convinced the markets are correct in the recent appreciation and see downside risk in the immediate future in stocks as well as most commodities. For eight sessions now Crude oil has remained stuck in a $4 trading range with prices higher today approaching the upper band. We continue to like scaling into […]

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Slow Day

Nothing notable to report as most trade was two sided . For the first session in four Crude oil traded positive closing marginally higher just above the 9 day MA. At these levels we feel Crude is too high as we are still positioned with some aggressive clients short expecting a trade lower. We will […]

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