Crude Oil Trader

What Are the Best Hedge Funds Buying Now?

Great call JG. I take a lot of heat for my call of the SP 500 really being....The SP 500. What vehicle would you use to take full advantage of the fall? The likes of FAZ are tempting but the market makers are making that risky.

Our Steroid Pumped Economy

In Arizona we are moving into State employee lay off phase while State Agencies are raising fees at alarming rates.

It's just begun folks!


On Nov 18 09:03 PM Mr. Big wrote:

> Eventually, it won't be steroids that America would want... morphine
> anyone?
>
> Add state workers to your list of up-coming layoffs. That's a good
> chunk of public service workers that will be added to the long soup
> lines...

Whitney Gets Bearish: Will She Be Right Again?

Kind of strange how her words don't seem to have the same "bite" they have in the past. What's with that?

Buffett's Holdings Outperforming in Q4

I admit, even though I am a day trader I am sitting on some BRK.B in my Roth IRA and have been surprised it has held up as well as it has. My concern is the collapse of Wells Fargo and Bank of America taking the fund down. SP 500 @ 1130 is an area of great concern for all of these names.

Betting on Natural Gas, Part II: Investing Ideas

One of the best post I have seen in a while. This market is headed lower and winter demand can't stop it. We have never seen a glut like this in all of our trading years and look to retest the 2.40 area.


On Oct 23 11:59 AM Mad Hedge Fund Trader wrote:

> wwt I received another scratchy, crackling cell phone call from my
> drilling buddy in the Texas natural gas fields today. You could almost
> hear the dust on the line. The doubling of prices in the last month
> is totally bogus, and is nothing more than a short covering rally
> ahead of the seasonally strong run up to winter. Storage facilities
> are completely full, and while the production cutbacks have been
> substantial, they are still not enough. Some companies, like Chesapeake
> (CHK), are even suicidally boosting production in a desperate attempt
> to offset falling prices with jacked up volumes, at everyone else’s
> expense. This is all setting up a fabulous short selling opportunity,
> possible in early December, once the winter draws are priced in.
> There is still a huge risk that production will overwhelm storage
> as more new unconventional shale and tight gas deposits are brought
> on line, leading to another collapse in prices. A retest of the September
> lows is a gimme, and the $1 handle is still a possibility. So those
> of you who were nimble enough to bite a hunk out of the recent pop
> in CH4, better use any strength to cash in positions. I’d love to
> get more out of my friend, but I don’t think my aged, arthritic back
> could take another three hours driving down washboard roads in a
> beat up pickup truck with no springs.

Is Crude Oil Breaking Out?

If the crude oil bulls can't push this market through resistance at 73.16 soon, bears will have the advantage and all of the bullish momentum will evaporate. Bob Prechter's call for a near term bottom is getting talked around by a lot of commercial traders, and if it get's any traction we will trade to the cluster support at 58.32. Then the bulls can eye their $90 oil. But I don't see it until then.


More numbers at crudeoiltrader.blogspo...

Fadel Gheit: Oil Prices to Remain Inflated but Don't Pass on Gas

Wouldn't it be nice to have real leadership in Washington right now. Articles like this make it sound like gas has no future. The U.S., the largest energy market in the world will be the judge of that. Now let's put some people to work on domestic gas projects. Just watch how low crude prices will stay to combat that. The only play "they" have ;]

Fadel Gheit: Oil Prices to Remain Inflated but Don't Pass on Gas

Yes, satchv2, exactly what I was thinking as I read this.


On Oct 10 08:23 AM satchv2 wrote:

> If gas in the Middle East has no value please explain this to UAE,
> Qatar , and Iran.
>
> Your simple statement does not do your analytical skills proud1

Natural Gas: Worst Investment Ever?

Retail investors that lack the understanding of NAV and contracts roll over have been eaten alive by UNG. Just look at the boards on Google Finance etc. But UNG has still been an amazing day trading tool if you know how to avoid the road blocks. Don't get stuck in this one, but use the welcomed volatility when it gets overbought and oversold.

Take a minute to watch Adam Hewison's call on gold > tinyurl.com/y8zgxu7 Worth the watch!

crudeoiltrader.blogspo...

How Much Natural Gas Remains in the USA?

Nobody can say how much in reserve we have. EIA info is based on outdated technology, so I would not put a lot into that. Regardless, we need to forge ahead with widespread "domestic" natural gas usage but be honest with ourselves that it only represents a "bridge fuel" to the future. We need some leadership out of Washington though, now that is a novel thought.

T. Boone is the real voice of reason when he says "we need it all"


Check out some Mega picks for Q4 > tinyurl.com/yas5lon

Why Gold, If Deflation Is the Threat?

Probably one of the most over looked aspects of the coming doom is that everything will fall, everything. Then the new world currency, crude oil, as well as gold and a few other commodities will sky rocket. Causing inflation that will become the final blow. Urbanization to follow.....or die.

Great post Rolfe!

Banking Sector: Worst Is Yet to Come

Great post Reggie. It's sad that the feds are determined to bring down all of the banks that acted responsibly with their "to big to fail" friends. Pay your FDIC dues 3 years in advance? Unbelievable.

I added you to my follow list, keep up the great work!

Apple Gets a Mapmaker, But Where Does that Leave Google?

Is a Divergence Building in Apple?

Let's go to the video > tinyurl.com/yb8dgd2

The Three C's of Commodity ETF Returns

Great post Brad, but since I am in Arizona I can't even visualize back yard barbecues ending this time of year. It's 102 here today, we can't even go out in it now! LOL

Seriously though, good work>

Sugar’s Sweet to ETN Investors

Agreed, just a pause in sugar. This will be a "super cycle" in sugar lasting for a matter of years, not months. Buy the dips!