Commodities do not always move together. Gold and crude oil moved in virtual lockstep until 2011 when they began to diverge dramatically. Gold was the initial beneficiary, soaring while crude oil tanked. The opposite is… Read More
Futures Round-Up: Soybeans, Gold, GBP, Crude Oil, Lean Hogs
Today I would like to give a quick update on the last few ideas that I brought to you via my Futures Outlook. Soybeans Last week I was looking at Soybeans for a short term… Read More
Use Big, Corrective Rally to Re-Sell Euro
We suggested exiting half of our bearish September put spreads in the euro two days ago because prices were oversold and testing good support. The chart said, “be careful,” and we were. What we did… Read More
Buy Back (Cover) Bullish Short Put Spreads in RBOB Gasoline & Get Long Soybeans
Three weeks ago OE suggested selling (shorting) August $2.85 / $2.90 put spreads for 250 points ($1,050) to establish a bullish position based on 2 major factors: 1) a solid technical buy signal and 2)… Read More
Exit Half of Bear Put Spreads in Yen & Euro
Debase or die. That appears to be the lesson taught to the world’s central banks by the US Federal Reserve. By keeping both interest rates and the US dollar artificially low for long enough, Ben… Read More
Re-Establish Bearish Positions / Hedges in E-mini S&P 500
The time has come to re-establish short positions / hedges in the E-mini S&P 500. The market has bounced nicely since we suggested exiting our July positions two weeks ago (Alert #21). Price has retraced… Read More
Potential Short Term Fail for Soybeans
Futures Outlook: 07/8/13 Potential Short Term Fail for Soybeans When looking at Soybeans, you will notice that they have been a bit bullish of late. Now might be the time to start looking at them… Read More
Exit Bullish Corn Put Spreads
The negative reaction to Friday’s bearish USDA acreage report was not counteracted by yesterday’s crop progress report. Corn closed lower again, triggering our exit signal. The time has come to say “bye bye” to the… Read More
Exit Bullish Wheat Spreads
Friday’s bearish USDA acreage report dealt a powerful blow to our limited risk, bullish positions in corn, wheat and soybean oil. Price fell and closed below our risk points for the second consecutive day in… Read More
Looking at Gold: Buy Now?
It’s time to come back to Gold in our discussions of Futures and Commodities. The very significant metals market failure that we’ve witnessed over the last five months may offer a reprieve. Gold When discussing… Read More