Gold Ends at Six-Month High on Safe-Haven Buying – MarketWatch Treasurys Stumble to Worst Start Since 1984 – MarketWatch U.S. Economy: GDP Shrinks at Fastest Pace Since 1982 – Bloomberg Goldman Says Stocks Need Stimulus Plan – S&P May Drop to 752 – Bloomberg Worst January Ever for Dow, S&P 500 – CNNMoney Oil up [...]
By Richard Ilczyszyn
U.S. Economy: Sales of New Homes, Durable Goods Tumble – Bloomberg Fed Warns of Global Slowdown That Adds to U.S. Deflation Risk – Bloomberg Cocoa Rises to Five-Month High on West Africa Supply Concerns – Bloomberg OPEC Will Weigh Further Production Cuts – MarketWatch Gold Rises First Day in Three on Safe-Haven Buying – MarketWatch [...]
Fed Keeps Rate Near Zero, Prepared to Buy Treasuries – Bloomberg Cocoa Jumps to Highest in Almost Five Months on Supply Concern – Bloomberg Gold Takes a Rest – MarketWatch How Realistic is a North American Currency? – MarketWatch Global Energy Investment Hit by Crisis – Reuters Green Energy Sought as Fix for Economy and [...]
Major stock indexes are higher in early trade after President Obama announced plans to set up a governmental “bad bank” to absorb toxic investments, sending banking shares higher. The Federal Deposit Insurance Corp. is said to be the likely manager of the plan. After two higher closes in a row, S&P 500 futures look to [...]
Consumer Mood at Record Lows, Housing Prices Sag – Reuters Fed Begins 2-Day Meeting, Eyes Alternative Tools – Reuters Oil Slumps 9% as Data Fan Economic Worries – MarketWatch Signs of a Bottom? – MarketWatch Gas Discovery Tempers Israeli Recession Blues – MarketWatch Wheat Prices Fall After Japan Cancels Weekly Purchasing Tender – Bloomberg Copper [...]
The February issue of Futures Magazine features an article titled “Options Strategies for an Overshot Market” by Lind Plus Senior Market Strategists Frank D. Cholly and Frank J. Cholly. They discuss three strategies for coping with an overbought market, using “the exponential rise in Treasuries” at the end of 2008 as an example. Read the [...]
Dollar Decline, Commodity Rebound a Matter of Time By Matt Roma For a while I have been predicting a decline in the U.S. dollar, which has not come to fruition. However, I believe my predictions have just been a little premature. The dollar is still benefiting from safe-haven flows, but it’s only a matter of [...]
Home Sales Tick up but Job Cuts Deepen Gloom – Reuters Gold Hits Four-Month High Atop $900 on Dollar – MarketWatch Economy in Free-Fall in Fourth Quarter – MarketWatch Bernanke Risks “Very Unstable” Market as He Weighs Buying Bonds – Bloomberg Treasuries Fall After 20-Year TIPS Auction Draws Higher Yield – Bloomberg Sugar Rises to [...]
This week’s Barron’s cover features the headline “Buy Oil” and inside feature article titled “Big Oil’s a Buy.” While the author gives various stock picks in the oil industry for investors to consider, futures are a purer price play. You can speculate on the price of oil by buying or selling crude oil futures with [...]
