Investing and Trading News, with a Contrarian, Sarcastic Twist!
Nice simple breakdown of 3 of our favorite softs – coffee, cocoa, and sugar – by the folks at Money Morning. I did not realize the coffee harvest is looking so good – suppose that’s why coffee cannot break out of it’s range. Same with cocoa – I have been avoiding due to the sharp […]
Have to admit – I’m a bit frustrated with the weakness in the meats, especially in the face of this grains rally. Doesn’t seem to make much sense, and I can’t see a scenario where meat prices are not higher in 6-12 months. This livestock report helped calm me down – it looks like farmers […]
Alright back in the saddle here. Was attending my 5-year college reunion past 4 days – man did I miss some crazy action on Thu/Fri. Back this week and we’ll try to figure out where these crazy markets are heading! Open Positions Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss 05/21/08 […]
Chuck Butler gives a fantastic rant on Bernanke’s recent tough talk in his morning column. Not much too add to Chuck’s commentary – nicely done Chuck! From a trading perspective – I’m trying to pare back all position sizes, and I still can’t seem to do it fast enough. Meats have taken a turn down […]
You know, I wish I had something interesting or insightful to say. Last week sucked, and I’m just glad to be out of my losing positions (silver – ouch, pork bellies – rallied since, of course). Did a bit of thinking, and it’s probably time I start following my own advice. Keep position sizes manageable, […]
Good piece by Christopher Laird on the ongoing inflation/deflation battle. I found this bit particularly interesting: There is a report that 25% of the world wheat crop is at serious risk of a new virulent wheat rust that chokes the wheat before it comes to head. (Mid-East to Asia). The US has its own concerns […]
Video link Notes: Invest in Asia/China Dollar sucker’s rally will continue, but he doesn’t want to own a single dollar this time next year Surprise for oil will be how high the price goes, and how long it stays high Believes American Central Bank will disappear within the next decade or two
There is a conspiracy theory that 8 large traders, in large part, control and manipulate much of the gold and silver markets. The tale goes that these traders aim to keep gold/silver prices low by manipulating the market with their massive short positions. I never really bought into this theory – until yesterday. With the […]
I hope you’re enjoying Memorial Day weekend. I just rolled back into town a few hours ago from a short weekend trip to Las Vegas. My wife and I stayed at Imperial Palace the first night, and Trump International the second – talk about going from the outhouse to the penthouse! The new Trump hotel […]
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