crimfunk

The Brightest Stars in the Commodities Boom, Part Two

Why would you not believe that he added James River Coal Company (JRCC) at $5.00 and sold for a huge profits? His other post called the coal bubble spot on. K-Fine on fast money also called the s/t coal bubble.

Sometimes a Bear Is Just a Bear

Just hedge your long positions dollar for dollar with SDS, TWM, QID and you will be fine.

Dollar Destruction: My Wealth Inequality Manifesto

Philip,

In this market what would you expect a capitulation to look like? Will it take another DOW -400 day on heavy volume or do you have lower price targets for the DOW, SP, and Nasdaq?

I tricked myself this week thinking that this would be a s/t bottom, closed some shorts and added some discounted long positions.

thanks

Options Trader: Monday Outlook

I've heard a bunch of calls for the bottom, which struck me as strange since 1) we are in month 7 of a bear market and the last bear lasted 2 1/2 years 2) the DOW and the SP500 both loss support at the 50dma 3) companies are just starting to digest life with crude +$120. I remain 40% short or hedged and 60% long.

Options Trader: Monday Outlook

<There is little hope for the markets if this continues and the dollar isn’t helping as it’s pulling back in early currency trading as well, so we’ll be back to hoping to hold 12,200 this morning and 1,350 on the S&P. If we lose them, it’s going to be ugly again.>



did you call a bottom last week?

Friday's Options Update: WB, ZION, BAC, MRVL, GE, KO, LEH, CLX, AAPL, FITB, IGT

Any update on the FTO options action? Thanks for these great posts.

Options Trader: Thursday Outlook

are you using this rally to start or add to any short or hedge positions. Yesterday I closed 1/2 of my DXD, TWM, SRS, SDS. Charts are telling me that the bear is back for the summer.

Oil ETFs: What if the Dollar Strengthens?

DUG is not a good proxy to short oil. DUG shorts $DJUSEN x2 which is made up of E&Ps, OIH companies the drillers, Refiners, and NG Plays. For DUG to trade well all four must come down at the same time. While crude may drop the E&Ps, refiners have bottomed and are rising with the crack spreads, NG demand hasn't stopped, and driller will perform with continued demand.

Valero Energy: The Price of Oil

How can you discuss VLO or any refiner without looking at the crack spreads. Despite the rise in crude, the margin have greatly improved over the last month $12 to $20 for NYMEX 321. Additionally, VLO and FTO are two sour refiners who will generally pay $20 to $30 less pbl.

5 Metal and Mining Stocks for Short Term Consideration

Good sign for NUE and watching CRS for the bottom reversal

06/05 09:00 *DJ Nucor Increases Guidance For Its 2Q Earnings


*DJ Nucor Corp Sees 2Q EPS $1,75-EPS $1.80 >NUE




06/05 09:01 *DJ Nucor Corp Had Expected 2Q EPS $1.55-$1.60

Options Trader: Monday Outlook

should have kept your refiner plays going, lots of room left

Monday Options Outlook: WM, XLF, C, PXP, AMT, TMX, CTSH, PSUN

I like the TMX long play current price near $40 breakup of TMX and TMX international near $50 per share. AMX wasn't a bad spin off either.

If You Think Oil Has Peaked, Buy Airline Stocks or FedEx

The refiners are breaking out sour crude FTO/VLO; TSO and others to follow. FTO/VLO have the best risk to reward, TSO greatest short interest.

The Short Case for Fomento Economico Mexicano

Getting killed today +1.15 2.48%; 52 week high. Gonna breakout better cover

Options Trader: Wednesday Outlook

FTO is the bomb.