Tag: futures
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As weather abates will Natural Gas respond?
I’ve pointed this out several times in recent weeks but a sleeping giant was awoken 9 weeks ago. Natural gas has been on a tear from early November adding $1 move in the futures market from the first week of November until peaking in Mid-December just above $4.50. In the last two weeks February has…
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Hedge Fund Royalty
Alpha Magazine Ranks the World’s Biggest Hedge Funds PMorgan receives top honors in Alpha’s 2007 Hedge Fund 100 ranking of the world’s heftiest hedge funds. New York, NY (PRWEB) May 25, 2007 — With a combined $1 trillion in assets under management — a 39 percent increase over last year’s total — the firms in…
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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…
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Forex Report
The cable exceeded our 1.96 target this past week but then did begin to pull back. Early this week we expect the market to continue to consolidate the gains made last week. We are building a bull flag that should point the way to a test of the old highs above 1.99. That test will…