Is It Time To Buy Crude Oil?

Crude oil is a notoriously volatile market. The past decade has seen two steep declines that devastated prices. Bears point to the fracking revolution which is responsible for a massive increase in US oil production… Read More

Time to Short Japanese Yen Again

     The short side of the Japanese yen was one of our favorite trades of 2014. The Japanese currency may be a lot lower now, but almost all the factors that fueled our bearishness… Read More

Time to Buy Protection in the S&P 500

We have been resisting the urge to short the US stock market all year for 3 reasons: 1) the market is in an uptrend; 2) low global interest rates mean stocks are still the only… Read More

Risk Point Hit In Coffee: Exit May Bull Spreads

Sometimes things don’t work out. The bullish chart setup in coffee we identified in Alert #2, was negated by yesterday’s second, consecutive, lower close below our risk point of $1.60 in the May contract. Global… Read More

Ring Up Half of Bond Put Spreads

The one thing we’ve learned from our 3 decades in this business is to respect the market’s capacity for surprise. We’ve been exploring the huge gap between gold and bond prices since the beginning of… Read More

Gold Breaks Out, Will Silver Follow?

It looks like the gold market has answered the question we asked in our first “Alert” of the New Year, “Is it finally time to buy gold?” (Click here to read this report.) So far… Read More