Investor appetite for risk has increased as money is flowing back into securities and commodities. Crude has advanced $7.50 off its lows from Tuesday so clearly there is buying interest but we would like to see the ascent slow or even a re-test of the 9 day MA to feel confident a further move is [...]
The Fed spoke and the markets have listened. Buy withboth hands…stocks, Treasuries and commodities should trade higher till’ the end of the year. This does not mean buy and fall asleep at the wheel but we will be issuing more buy then sell recommendations moving forward. Crude oil has broken out and should make its way to [...]
This phrase is coined for the college basketball tournament but I think it is an accurate description of what to expect as a trader this month. At its highs today oil was less than $3/barrel from making new highs on the year. Being bearish for the last 1-2 weeks has made our clients NO $ [...]
Unless the NFP number exceeds 400,000 or uneployment is over 7.0% we expect a classic case of buy the rumor sell the fact. We are not advocating buying equities but much of the bad news may already be factored in. It appears the three stooges testifying in front of congress have not convinced them to [...]
