MBWealth’s Commodity Blog

I have come to terms with the fact that fundamentals do not matter and that I am a very lousy trader in Crude oil. Clients were stopped out a loss yesterday the market moved down 15 cents which would have been only another $150 of risk and then exploded today, as of this post higher by [...]

Oil is above $70 making a new contract high having appreciated some 40% since the beginning of May. We feel you are late to the party if you don’t already have long exposure though we’ll be looking at getting long on a setback if we ever get one?? Ou pick in the energy sector remains [...]

US dollar down 150 points at the low of the day as of this post with currencies catching a bid. Euro +180, Aussie + 150, Swissie + 195, Loonie + 170, Pound + 230, Yen +50, Kiwi + 115. We continue to advise clients to have long exposure on the Loonie and Aussie. Perhaps the [...]

I don’t mean to sound insensitive but this Swine flu is getting blown out of proportion. If a week from now we have a pandemic I will eat those words but at present the markets are over reacting. After 6 straight down days natural gas has a postive day, higher by 8 cents as of this [...]

January 27, 2009 by: Matthew Bradbard The real estate slowdown, credit crunch, deleveraging and overall lack of confidence around the globe became an infection that nearly brought the international economies to a halt. The largest bankruptcy case ever, Lehman Brothers, has come and gone after 158 years of business. Bear Stearns and Washington Mutual, two [...]

I am writing this a bit early today and things may change in the next few hours but I need to leave the office early for a radio interview this evening. I will be joined by Barbashop; one of our most succesful CTA’s in 08′ (up over 130%). We will be speaking about managed futures. [...]