inthemoney

Tuesday Outlook: Commodities, Global Markets

The volume is light because there is no reason to buy at these levels and too scary too short because this is just asking for a short-squeeze. It seems the only traders in the market are the robot kind, which buy on every dip to blow shorts out of the water.
The volume will continue to be light until the market returns to some sort of reality.

The Nuttiness of This Market

CLH, would you update us on your view of the market after 3% sell off today? I say, finallly the market did something that made sense.

The Nuttiness of This Market

I agree with DougM. The market becane a casiono. Today it is one game, tomorrow is next. There is no way commodities can go up and down 50% without ovewr-leveraged hedge funds piling up on the same trade. Today's game is retailers, regional banks and dollar. May I ask who is buying retailers in a consumer recession?
There is no regard for fundamentals. None. It is all a trade. Take your money and run as soon as you see a profit.
The game will not stop until enough hedge funds fail.