Henrique Simoes'  Instablog

Henrique Simoes
Send Message
Professional trader
My company:
My blog:
  • US Dollar Weakness Impacting My Short Oil Position 0 comments
    May 12, 2009 12:34 PM | about stocks: SPY, USO


    The US Dollar is extremely weak again in this early trading. I think this is the biggest threat for my oil short position today.

    How this dollar weakness is going to affect stocks and bonds, I am not sure yet. 

    But this is a very big move in a few days and that video about the off balance sheet losses by the Federal Reserve is one of the reasons behind this move.

    It seems like I will have added pain in the oil position but I am not sure about the S&P. Lets see how the session unfolds.


    Oil Traders Blog is a website for active online futures traders. I will provide my real time trading decisions and my market thoughts on this webpage. 

    Stocks: SPY, USO
Back To Henrique Simoes' Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • WFC making new intraday lows - all major banks are trading lower now
    May 4, 2011
  • "If there`s a large move on significant news, either favorable or unfavorable, the stock will usually continue to move in that direction"
    Dec 26, 2010
  • Chinese surprise move will likely induce a sell-off tomorrow - waiting for globex to get active
    Dec 26, 2010
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.