You cannot have your cake and eat it too! Either circumstances in the economy are getting better and we need to start looking for an exit door or we are still in for a sh-t storm and then no action is necessary! If the Fed sees the economy improving than why leave IR at an [...]
After a $10 move higher is Crude getting tired? We want to have long exposure for clients but are on the sidelines in oil anticipating a $4/5 break in the next week or so. The 40 day moving average in April comes in just above $78 and the 200 day is seen at $75.50. We [...]
Recognizing the relationship between different asset classes and even different commodities can keep you from getting too concentrated of a position. We got the rally we were looking for in crude to head to the exit door for clients. We do not wish to have long or short exposure into tomorrows report. Clients lost $200 [...]
November 13 2009 By: Matthew Bradbard Most commodity investors that I come into contact with are trading energies and metals but perhaps a healthy portfolio needs more vegetables. With the slowest harvest in over 2 decades we believe more investors should be looking towards agriculture. Looking at the macro view in our opinion adds further [...]
We’ve had server issues of late so I apologize if you’ve missed our commentary in recent days. The markets have been crazy I hope you’ve been taking advantage. Crude oil has had a nice run the last 4 days. It is starting to look tired, we would suggest tightening up stops or taking partial profits on longs. [...]
The story today was more sellers than buyers as most commodities traded lower. We had suggested to clients that oil looked heavy and could make its way to the 50 day moving average which happened today. For new long entries we expect the $62 level; 50% Fibonacci retracement level to hold. Our pick in the [...]
Buy natural gas on this setback, we expect $3.50 to hold as support. We are advising scaling into August mini-futures and to buy September $4.50/5.50 call spreads. How the US dollar reacts to the 50 day moving average will set the course this week. The correction currency wide should set up some nice long opportunities [...]
I was already tooting my horn calling a commodity correction and it didn’t even last 24 hours. That is what I love about these markets, they can certainly humble you. Energies pushed thru recent highs for crude and the distillates, we remian spectators. We will continue to advise accumulating nat. gas at these levels; we have [...]
Yours truly…read past blogs and commentaries MB Wealth has been saying the recent commodity move had over extended itself and Mr. Market delivered. As a trader sometimes you get out too early and we’re guilty of that for clients in recent weeks. The way I look at it I would rather be on the sidelines wishing I [...]
Expect the BOJ to hold rates at 0.10% and the RBA is more of a wilcard..cut of 25 basis points factored in. In terms of the trade we expect the Euro & Pound to move lower and the Loonie higher. Much of this will depend on if the dollar pushes higher or trades below 84 [...]
