Take Some Cash Off the Table in Yen

The Bank of Japan unexpectedly eased monetary policy on Friday, announcing the first new stimulus measures in a year and a half. This is causing the yen to decline sharply in the overnight session, putting… Read More

Nice Opportunity to Sell Yen Again

The dollar is undergoing a huge correction this morning in collaboration with the huge decline in Europe and the continuation of the big selloff in US stocks. It may be a tough day for stock… Read More

Exit All Bullish VIX Hedges

Last week’s meltdown in nearly all major stock market averages caused volatility as measured by VIX to spike dramatically. It is now encountering strong, multi-year resistance at the 22.00% level. Could VIX spike even higher?… Read More

Sugar Losing Sour Taste: Is It Time to Buy?

Drought in Brazil – the world’s #1 sugar producer – was the catalyst behind last week’s move higher in sugar. Dry conditions have caused production in the sugar-growing regions of Brazil to drop 7.4% compared… Read More

Natural Gas: “Winter is Coming…”

Fans of the popular HBO series “Game of Thrones” will recognize this phrase. For those unfamiliar with the show, “Game of Thrones” is a multi-plotline story about the battle for power in a mythical land… Read More

Gasoline: Time to Trade the Range

Classic chart watchers (known as “technicians”) believe that everything you need to know about a market is revealed in price. We aren’t that extreme. However, we do know that charts can reveal a great deal…. Read More

Take Some Cash Off the Table in T-Bonds

Last week was a good one for bond bears. December T-bond futures managed to close below the weekly uptrend line and shift momentum to the downside. However we need to see another lower close this… Read More

Euro, Yen, Hogs & T-Bond Updates

September has been very friendly to our bearish positions in both the euro and the Japanese yen. And while the jury is still out on our short positions in hogs and T-bonds, recent price action… Read More