Bullish Gold? Consider a Ratio Spread
by Mike Sabo
Gold kicked off the week on a bullish note following better-than-expected economic reports and news of large Indian central bank purchasing. COMEX December futures surged above $1,085 an ounce Tuesday, passing the record high hit October 14 at $1,072. I think gold should remain strong in coming months [...]
A recent article in the Wall Street Journal ponders bubbles throughout history.
How I Got Burned by Beanie Babies
By KAREN BLUMENTHAL
In this decade, we have had more than our share of big-time booms and busts: the tech bubble, the housing bubble and, this year, what Warren Buffett has called the Treasury bubble.
For some years now, I [...]
Friedman’s Futures Forecast for August: Are We Out of Recession?
by Jeff Friedman
In July, the markets overcame a bearish employment report early in the month to close on a strong note. In fact, the major stock indexes have seen the best five-month run since 1938. The markets seem to be telling us we are out of [...]
When Trading Futures, What’s Priced in?
by Matt Krupski
When trading futures, it is important to ask yourself the question of: “What’s priced in?” The concept of something being “priced in” refers to the fact that prices for futures do not reflect only current economic realities, but the expectation of market conditions at some point in the [...]
Bullish Coffee Trend May be Brewing, by Phil Streible
ICE coffee futures have seen a huge decline from the June 2 - 3 highs to under $1.17 a pound by July 22. I think this market is now getting a bit oversold and should see a more seasonal bullish trend redevelop. I’m looking for an upside [...]
Crude oil rose 30 percent in May, it’s biggest monthly gain in a decade. July futures are currently trading at a seven-month high above $67 a barrel after bullish manufacturing data out of China. The International Energy Agency (IEA) sounded some words of caution:
Prospects for global economic recovery may be damaged if oil prices rise [...]
A Bullish Corn Strategy Into Growing Season
By Mike Sabo
Corn has been moving up with other commodities in recent days as hope springs eternal for an economic turnaround, and I think the market is looking bullish heading into the March 31, 2009 USDA Planting Intentions Report.
May corn futures rose above $4 a bushel on [...]
Crude oil futures are up in early trade after OPEC pledged to support prices following a weekend meeting in Qatar. President Chakib Khelil said on Sunday that OPEC’s willing to further reduce output as much as necessary to stabilize oil prices, the Associated Press reported. OPEC is “determined” to stabilize oil markets, added Ali al-Naimi, [...]
U.S. Dollar and the Yield Curve
By Mike Hinman
The yield curve is a depiction of the difference between short-term and long-term government interest rates, and you can trade these differentials with futures contracts. Near the shorter end of the curve, a daily chart of five-year Treasury note futures shows the market hit a double top near [...]
Market Outlook for November
by Jeff Friedman
Before I get into my market outlook, it’s important to emphasize the importance of risk-management in volatile times like we have been experiencing in the markets. There are things you can’t control, so aim to control the ones to can. Know how much you are risking before you get into [...]
