Author Archive

Metals Market Mania

By Drew Shaw • Dec 8th, 2010 • Category: Broker Commentary, Market Updates

by Drew Shaw Metals prices have been soaring, and gained steam after the U.S. government approved a two-year extension of Bush-era tax cuts this week, which had been set to expire. If you are an investor who keeps waiting for a major pullback before buying precious metals, you probably aren’t finding many opportunities to do [...]



Euro May Have More Room to Run, but Nearing Resistance

By Drew Shaw • Sep 29th, 2010 • Category: Broker Commentary, Market Updates

by Drew Shaw and Kyle McEwan The euro has been gaining ground on the U.S. dollar amid speculation that the Federal Reserve may announce new quantitative easing measures. The dollar declined to $1.3639 per euro, the weakest level since April 15, 2010. If you are long the euro, you might want to let your position [...]



Moving Average Convergence/Divergence (MACD) Explained

By Drew Shaw • Sep 17th, 2010 • Category: Educational, The Lighter Side

by Drew Shaw The moving average convergence-divergence oscillator, or more commonly referred to by its acronym “MACD,” is a well-known buy/sell indicator frequently used by technical analysts. Due to the popularity of this particular indicator among traders, I strongly suggest that you take a few minutes to understand its mechanics. The MACD oscillates above and [...]



Markets on the Move: Gold, Cotton and the Euro

By Drew Shaw • Sep 15th, 2010 • Category: Broker Commentary, Market Updates

by Drew Shaw We’ve seen some good moves in a variety of markets in the past few weeks. Gold’s run to new record highs has garnered the most attention, but if you aren’t trading softs, you may not realize these markets have also made some impressive moves. Cotton has surged to its highest level in [...]



BOC Hikes Rates; What’s Next for the Canada Dollar?

By Drew Shaw • Jul 21st, 2010 • Category: Book Reviews, Broker Commentary, Educational, MF Global in the News, Market Updates

by Drew Shaw On July 20, the Bank of Canada raised its key short-term interest rate for the second month in a row by 25 basis points, to 0.75 percent. Hawkish policy should support gains in the Canadian dollar, and it’s worth considering bullish strategies using futures and options. However, parity with the U.S. dollar [...]