Oil briefly traded at $47 today. We could still test $32 before everything is said and done but if equities rally early next week we could see a move to $50 next week. Natural gas has been lower 13 of the last 14 days. Picking a bottom is dangerous and usually costly but keep this [...]
Oil expiration today on February and the spread came in from -6.50 to -2.00 last few sessions. Oil is now above $40 again with March taking the lead tomorrow. Natural gas still searching for a bottom; keep on radar. Gold and silver appear to be moving higher so get some long exposure. These metals have [...]
Oil is still searching for a bottom which we believe is close. In a move above $1.20 in RBOB for Febraury we could see a significant jump. Contact us for exact prcing and details but we like being long silver and gold with a medium term time frame. Silver was up over 7% today with [...]
Stocks down japanese yen up. Will we forge to new lows in the indicies? 1.0620 key Fibonacci # for December yen. The flight to quality is on in treasuries as 10-yr and 30-yr make new highs. We are continuing to build postions in siz9 and sbk9 for clients. Contact us for specific details.
