Has the long overdue correction finally begun? Back-to-back sell-offs on Thursday and Friday could be just the beginning. The key is what happens now. Previous declines have been short-lived as investors, convinced that stocks are… Read More
Is Gold Finally Ready to Rally?
Gold plummeted $30 an ounce in less than a minute but – unlike previous times when big sell orders like this started avalanches of new selling, gold quickly recovered traded higher on the day. We… Read More
Revisiting the Great British Pound (GBP)
Futures Outlook: 1/10/14 Revisiting the Great British Pound My sleeper currency, as I like to call it, has been rumbling for you. Today as we venture into this New Year, I would like to bring… Read More
Is Gold Finally Ready to Rally? Four Possible Reasons Why
The chart says it may be. Friday’s close was the second consecutively higher close over a previous day’s high, which is something the Midas metal has been unable to do since October. Combine this with… Read More
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
Have You Ever Heard the Expression "Buy Low, Sell High"?
Futures Outlook: 12/6/13 Ever Heard the Expression, Buy Low, Sell High? As we are in the final month of the year, many people will be evaluating exits and adjustments for the year’s gains/losses. Many actions… Read More
Unemployment Number Big For Japanese Yen (and All Currencies)
All Fed, all the time? That seems to be the story in all the financial markets. Tomorrow’s Unemployment Number is no different. A strong number increases the odds of an early “taper” in the Fed’s… 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
Lindsay Hall: Hedging can save you a lot of headaches [Wall St. for Main St. Radio Interview]
RMB Chief Market Strategist, Lindsay Hall joined the crew over at Wall Street for Main Street to discuss methodology in combining trading fundamentals with technical strategy. Lindsay pointed out that for novice traders, it is… Read More
It May Be Time to Re-enter T-Notes Short
Futures Outlook: 11/8/13 It May Be Time to Re-enter T-Notes Short I have written on this topic a few times this year already, but after a bit of retracement and the seeming reprieve that the… Read More