Exit January Japanese Yen .09700 Puts. Or not…

Our decision to “roll” our December Japanese Yen short positions in the yen over to January prior to December’s Unemployment report turned out to be a good one. With the Japanese currency currently trading a… Read More

Stocks Are Overdue for a Correction

The chart says it all… E-mini S&P 500 futures are encountering big resistance at the top of the five-year uptrend channel that has contained prices since the 2008 crash and appear poised for a correction… Read More

Summers’ Stock Rally Should Be Sold

The decision by Larry Summers – announced yesterday – to remove his name from consideration for the job of Federal Reserve Chairmen has sent the overnight markets into a bullish tizzy. E-mini S&P 500 futures… Read More

Take Initial Risk “Off the Table” in Silver

Silver’s big, upside breakout continued yesterday as prices soared more than $1.00 per ounce, propelling the poor man’s gold halfway to our original price target of $25 per ounce. If you followed our suggestion 4… Read More