Speed defines modern markets. Changes in sentiment manifest themselves instantly and get discounted by price movements almost as fast. 10-year Treasury Notes yielded 1.73% three months ago, confident that the trillions being pumped into the… Read More
Exit Seasonal Bear Spreads in Soybeans & Enter Low-Cost Bull Spreads in Cocoa
Much needed moisture across portions of the American grain belt weighed on soybean futures last week. Prices plummeted, bashing soybean bulls in the process. Front month futures finished the week 23.8% lower than the $16.675… Read More
“Good as Gold” Still Applies
Prices are rising. Crude is up over 100% from November. Corn, soybeans, cotton and coffee are soaring, with gains approaching 50% or more. Gasoline costs roughly $1.02 per gallon more than last June – just… Read More
Summer Sell-off in Grains?
Summer is right around the corner, and with it a “make-or-break” time for corn and soybeans. Prices tend to rise in spring planting season as traders and end users attempt to account for variables like… Read More
Will Rising Inflation Sink Slumping Bonds?
Inflation seems to be everywhere. Home prices are soaring. Key commodities like corn, soybeans, and wheat are approaching contract highs. Lumber is setting new records almost by the day. The inability to source key computer… Read More
How to Hedge a Speculative Stock Market
Mix free money with a global pandemic, and you have the ingredients for a major market meltdown. It may not happen today, or tomorrow, or even this year. But if history is any guide, it… Read More
Bull Spreads Are Attractive Alternatives To Big Mark-ups in Gold & Silver Coins
Current mark-ups (known as “premiums”) mean gold needs to rally $200 per ounce and silver $11.52 per ounce from current levels before coin investors see a dime of profit. Precious metal investors are being asked… Read More
Take Initial Risk “Off the Table” in the Euro
A big rally in American 10-year T-note yields and the inability of the European Union to vaccinate its population have taken their toll on the common European currency, halting the slide in the dollar. Inflation-adjusted… Read More
Crude Oil Rally Running Out of Gas
Big production cutbacks by mega-producers Russia and Saudi Arabia lit a fire under the oil market to start 2021. Now that these cuts have achieved their objective and prices have risen to $65 per barrel,… Read More
Will Bond Yields Boost the Buck?
Cheap money encourages wanton financial behavior, such as borrowing for no real reason other than pure speculation. Cut-rate cash created by zero interest rates is the rocket fuel powering TINA (There Is No Alternative) trades…. Read More