Hmmmm – as a contrarian investor, stories like this make me nervous. On the bright side, maybe some readers can apply.
Investing and Trading News, with a Contrarian, Sarcastic Twist!
Hmmmm – as a contrarian investor, stories like this make me nervous. On the bright side, maybe some readers can apply.
Right on cue – a nice synopsis of CHK’s investment allure in today’s Rude Awakening.
Sugar’s up big this morning. I can’t find any news justifying or even commenting on the reason for the move. I know funds had been moving some money over to the sugar market, as it is being more heavily weighted on a few commodity indexes. Regardless, sugar has some room to run. It neared the […]
Scary moment this morning as I was down over 10% overnight – never a good thing. Showed me I was using too much leverage. I sold a few contracts to bring the ratio down further (1 Platinum and 1 Rough Rice – both were showing weakness). I wasn’t thrilled about having to sell before the […]
I have a lot of new readers lately, and people have been asking me how exactly to get started investing in commodities. Most people have standard brokerage accounts for trading stocks, and most do not have an account that allows them to trade futures. Very few of the major stock trading services offer futures trading. […]
With Gold continuing to push higher, now north of $900, here is some commentary from GoldMoney’s James Turk. In short, he argues that we are now in unchartered waters, so all bets are off and they sky’s the limit.
Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss 01/10/08 Long 1 MAR 08 Australian Dlr 0.8889 0.8863 ($260.00) 12/07/07 Long 1 MAR 08 Corn 415 495 $4,000.00 12/14/07 Long 1 MAR 08 Corn 439 495 $2,800.00 01/03/08 Long 1 MAR 08 Corn 468 495 $1,350.00 12/20/07 Long 1 MAR 08 Cotton […]
A solid understanding of economics is absolutely required in order to be successful in commodity trading. These markets may be the truest of them all in loyalty to the basic laws of economics, which govern all price movements. It’s safe to say that our crackpot team of presidential candidates would probably not fare well in […]
Good news out of Australia, and a nice job by Bloomberg comparing the rate situation between Australia and the US. Bottom line is the US is basically already in a recession and rates here are coming lower – Australia is still hot and rates are going higher. That is bullish for the Aussie dollar. By […]
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