Please click on the spreadsheet to view, zoom to 100% if needed. The Line in the Sand format has changed, you will be receiving the chart on technical analysis Monday mornings. Please visit Matthew’s Daily Thought for your market wrap ups and predictions. In addition he will be posting a new article per week, you [...]
Please click on the spreadsheet to view, zoom to 100% if needed. The Line in the Sand format has changed, you will be receiving the chart on Monday’s. Please visit Matthew’s Daily Thought for your market wrap ups and predictions. In addition he will be posting a new article per week, you can find those [...]
FOMC leaves rates unchanged but it appears they have removed deflation from their comments, does that mean it will be replaced with inflation in coming meetings? Minutes http://bloomberg.com/apps/news?pid=20601087&sid=ajyETdAxywT8 Now for the markets: Energies were lower most likely due to dollar strength. We were buyers on behalf of clients today on the October $5/6 natural gas [...]
For no rate change the market still reacted violently with the Fed all but admitting inflation is in our future. They have committed for the next 6 months to get the cost of borrowing down…hence rates down prcies up on debt. This should set up a fantastic short in the euro-dollars. Keep your powder dry, [...]
Happy St. Patrick’s day! Has the luck of the Irish been with you and you portfolio of late? Another impressive upside day in energies today, we continue to like buying dips in RBOB and crude which briefly poked its head above $50 today. Natural gas was slighly lower but we expect a turn any day [...]
Energies were lower today ahead of OPEC this weekend. We suggest to start trading May instead of April for futures. We will have rec’s in our commentary for bullish RBOB, crude and natural gas plays. We advised clients to take a profit in the June Loonie and looking to get long again early next week [...]
I love it when a plan comes together. The equity market has delivered moving 3.5-4% higher today. We have now seen 3 positive days in a row with the Dow now 10% off the lows and the S&P just under 13%. Trail stops ansd start trading out of your long calls. The energy complex also [...]
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 [...]
The entire energy complex was higher roughly 3% today. We are advising long futures in April crude as long as prices stay above $37.12 and have been buying May $45/52 spreads at$2000, pricing out June 20 cent calls spreads in RBOB. Remain long the Loonie, Swissie and Euro look strong; may have suggestions in next [...]
This will most likely be the headlines in tomorrows paper! That is right giving you tomorrows headlines today..well we have been advising longs since $750 to clients and now feel gold looks heavy and are expecting a steep sell off. We’ve been calling this for 2 weeks now and have been obviously early. Look for a [...]
