Oil is lower as of this posting flirting with the 9 day moving average, on a breach of that level at $70.58 in August expect a trade back to $67 maybe $65. We will be looking to be a buyer on this dip if it plays out. Natural gas is higher by 8% trading thru the [...]
” There is volatility to trade but not to invest.” CNBC 3:10 PM Est. Take what the market will give you, you must be nimble to trade todays market. Pisani suuggested commodities and I could not agree more, perpare for reflation. Oil near $4 trading range tread lightly. Daily natural gas charts are extremely oversold but is [...]
As of this posting the US dollar is higher by 75 points and above the previous 2 sessions highs looking like it may gain in coming sessions. We expect a move up to 86 in short order. The question is how will this effect other currencies and commodities? We have clients long the Loonie and [...]
We have yet to revert on trading on lunar cycles but if the shoe fits. Crude was higher but the rest of the energy complex was lower. We will continue to trade front month crude options for clients on an intra-day basis. We were stopped out of natural gas futures today at a loss but [...]
Energies lower and for now will be guided by the stock market. We maintain our belief the bottom is in RBOB, Crude and natural gas. Only 2 or so weeks until the next OPEC meeting…keep that in mind before getting short or speculating on lower levels. Taking on some water on our Loonie long futures [...]
The setback in gold and silver is in day 2 as it appears there is some more downside; see previous posts. We continue to expect the inverse relationship with equities and metals and if the market can get a clearer picture from Obama and the gang we would expect equities up and metals down. We [...]
I will be out of the office for the next 2 days attending the World Money Show in Orlando Florida. For those of you who have not attended, this is a great place for investors to get terrific investment ideas from a number of very accomplished investment professionals. I will be listening to a number [...]
Yes folks 1+1 still equals 2. March oil waisted no time moving up as the first day of trading took prices 8.5% higher. We like scaling into longs on pullbacks in crude and RBOB. Option idea for March and April RBOB, see recent commentary. Also like call options in natural gas looking for all this [...]
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 [...]
