Thursday, August 26th, 2010
Finally it looks like the smart money is recognizing the opportunity in a non-correlated asset class, i.e. COMMODITIES. Crude oil has appreciated 3.7% off yesterday’s lows which we feel will serve as an interim low. Our upside targets on October are $75.85 followed by $77.50. Crude oil, RBOB and heating oil were higher by 1.50-2.25% [...]
Tags: bradbard, commodities, commodity, corn, crude oil, currencies, dollar, energies, exports, federal reserve, futures, gold, grains, matthew bradbard, MB Wealth, metals, natural gas, options, S&P, silver, soybeans, spread trading, stock market, sugar, treasuries, us dollar, wheat
Posted in Daily Thought | No Comments »
Thursday, February 12th, 2009
Natural gas still searching for a bottom; get long March futures with a stop below4.25. We will also be pricing out April calls soon. We would be a buyer of oil under $33 but have little interest in buliding a position yet…could be talked into trading a bounce from oversold levels. Trend remains down until [...]
Tags: Aussie, breakout, call, coffee, commodity, corn, crude oil, exports, futures, gold, Kiwi, lean hogs, Loonie, natural gas, options, put, RBOB, silver, soybeans, spread
Posted in Daily Thought | No Comments »