by Jeff Friedman Now that the debt debate is a done deal, the big question weighing on the markets is economic growth—or lack thereof. Given weakness recent manufacturing and spending data, as well as a continued gloomy employment and housing picture, market participants are weighing in on whether a double-dip recession might be ahead. What’s [...]
Our Senior Market Strategist Richard Ilczyszyn shared his views on commodities on CNBC’s Fast Money report. He says cotton may be seeing a short squeeze, which has driven the futures price up above $2 a pound for the first time ever. Stockpiles have fallen 84 percent since June 1, according to the ICE futures exchange. [...]
by Jim Gombas Futures trading provides tremendous opportunities for investors. Many, however, are unable to devote an adequate amount of time and/or resources to trading futures. Thus, they experience poor trading results or, worse, simply never participate. If you enjoy following the markets but recognize the need for assistance, then enlisting the services of a [...]
Lind-Waldock Senior Market Strategist Phil Streible discusses the impact of strife in North and South Korea on gold prices, and shares his outlook and strategies heading into 2011 in this street.com interview.
Phil Streible Crude oil futures have been on the move, and if you’d like to get involved in this market, options enhance the variety of strategies you can employ, no matter which way the market is headed next. I think fundamental factors for oil look strong over the next few years, and I will outline [...]
In this CNBC appearance, our Senior Market Strategist Richard Ilczyszyn discusses how investors can get involved in the exploding commodity markets without overleveraging themselves and getting burned, and how futures can be a part of even a smaller investor’s portfolio. If you are looking for exposure to gold, he said the CME Group’s new E-micro [...]
Gold futures are in retreat in early trade, last down about $7 an ounce to $1,348 as market participants await the release of the Federal Open Market Committee’s September policy meeting minutes, at about 1:00 p.m. CT. Senior Market Strategist Phil Streible said he feels a bit of profit-taking is pulling the market lower. Expectations [...]
by Phil Streible Gold has rallied to record highs this week, with December COMEX futures trading up above $1,275 an ounce. Gold’s bull run has been good to investors, but if you aren’t involved, it’s not too late to take advantage of opportunities in this market. I think gold still has room to run, and [...]
Comments on the July Employment report from Nick Kalivas, Vice President of Financial Research with MF Global Research: Stocks poke below the 200 day moving average. This is sparking technical selling. The first hold did not seem to work. The market is also dancing around unchanged on the year. The labor market is unimpressive. Growth [...]
by Richard Ilczyszyn Gold has hit new record-highs above $1,240 an ounce, and while I think we could see further gains, the market could also see volatile corrections. If you have a position on now on either side of the market, I think it’s prudent to hedge. Given the volatility, I see gold as a [...]
