Friday Outlook: Commodities, Global Markets [View article]
One of the frustrations currently is how many market sectors are in the same trend separated only by beta or degree.
I suppose doing this is becoming somewhat boring since searching the globe for uncorrelated sectors is becoming impossible. This is due primarily to low yields driving more risk taking making for a global trend.
We could get away with posting three charts probably and achieve the same thing as we do with 30 or 40 believe it or not. It's just the way things are presently. Eventually this will change.
Thursday Outlook: Commodities, Global Markets [View article]
I don't write the headlines at Seeking Alpha. It's something they do. Sometimes I agree with it and other times not. I put my own headline and image up. One would think that's sufficient.
Friday Outlook: Commodities, Global Markets [View article]
Wait means wait if you wish to bottom pick. Perhaps a breakout above the 22 period moving average would be "a" sign to buy. In the meantime, unless you wish to short, stay out.
I once had a CTA trading for my clients several decades ago and he was short sugar. He got short at 9. It went down consistently and when it got to 5 a friend asked, "where's it going....to zero?" The meaning was it was foolish to trade it short from this level. Well, it went to 2 before we got out at 3. That's my bottom picking lesson.
On Aug 14 10:10 AM JGL wrote:
> Can you comment a bit more on UNG? You write wait, but for what? > How should the current wrangling with CFTC and SEC impact this ETF? > What is your view on UNG over the next 6 to 12 months?
Friday Outlook: Commodities, Global Markets [View article]
I suppose doing this is becoming somewhat boring since searching the globe for uncorrelated sectors is becoming impossible. This is due primarily to low yields driving more risk taking making for a global trend.
We could get away with posting three charts probably and achieve the same thing as we do with 30 or 40 believe it or not. It's just the way things are presently. Eventually this will change.
Thursday Outlook: Commodities, Global Markets [View article]
Thursday Outlook: Commodities, Global Markets [View article]
Just one man's opinion.
Friday Outlook: Commodities, Global Markets [View article]
I once had a CTA trading for my clients several decades ago and he was short sugar. He got short at 9. It went down consistently and when it got to 5 a friend asked, "where's it going....to zero?" The meaning was it was foolish to trade it short from this level. Well, it went to 2 before we got out at 3. That's my bottom picking lesson.
On Aug 14 10:10 AM JGL wrote:
> Can you comment a bit more on UNG? You write wait, but for what?
> How should the current wrangling with CFTC and SEC impact this ETF?
> What is your view on UNG over the next 6 to 12 months?
Friday Outlook: Commodities, Global Markets [View article]
Wednesday Outlook: Commodities, Global Markets [View article]
Tuesday Outlook: Commodities, Global Markets [View article]