but that is also a kind of argument in the debate about China as
a currency manipulator. Look at the latest current account
that was weaker than expected and the USD/CNY exchange rate.
Brent oil breaks resistance in both 60min and daily and breaks
MA200 in daily charts. Receives a buy signal in MACD as well. Brent
is a better indicator for macro than WTI as brent has taken over
WTI as the leading quality in the oil market. The WTI price seems
to be more dependent on domestic US factors. Also WTI breaks up but
is still far from MA200. (Breaks MA50).
Brent oil breaks resistance in both 60min and daily and breaks
MA200 in daily charts. Receives a buy signal in MACD as well. Brent
is a better indicator for macro than WTI as brent has taken over
WTI as the leading quality in the oil market. The WTI price seems
to be more dependent on domestic US factors.
follows copper and will probably not turn up before copper (and
China). FCX is however interesting as its now trading at P/E 5
which is the same P/E ratio at the bottom 2008.
The best way for Fed to have a positive stock market reaction is
to devalue the USD. Whatever news Fed deliver, the first reaction
may be a initial down reaction in both stocks and USD, but looking
at the reactions on the monthly job reports, the dropping USD may
give the stock market a boost at the end of the day. Just a
thought.
after following the numbers for some years i think that the best
interpretation of COT is not that is may show us what will happen -
it just shows us whats most hot right now - and that is always
interesting information. in that sense its best to look at what
speculators are doing right now (last week) - increasing or
decreasing?
The community is delayed by three days for non registered users.
I agree
Always such a roller coaster when we're in these trades!
Posted by lebow on 20th of Oct 2011 at 12:47 pm
could be but ECB has a goal to sterilise all new money
Clearly, the markets are still beholden to the continuous European ...
Posted by lebow on 19th of Oct 2011 at 12:15 am
(opposite to Fed). This is one of the problems in Europe - too little liquidity. we will see
the latest figures from China are weaker than expected
china numbers
Posted by lebow on 18th of Oct 2011 at 12:35 am
but that is also a kind of argument in the debate about China as a currency manipulator. Look at the latest current account that was weaker than expected and the USD/CNY exchange rate.
right on the spot
SPY Max Pain at 119, SPY at 121
Posted by lebow on 17th of Oct 2011 at 12:43 pm
SPY Max Pain at 119, SPY at 121
Posted by lebow on 17th of Oct 2011 at 12:23 pm
does anyone have current max pain?
could coincide with the end of hurricane season
Brent oil breaks resistance
Posted by lebow on 16th of Oct 2011 at 04:09 pm
could coincide with the end of hurricane season
Brent oil breaks resistance
Posted by lebow on 16th of Oct 2011 at 02:09 pm
Brent oil breaks resistance in both 60min and daily and breaks MA200 in daily charts. Receives a buy signal in MACD as well. Brent is a better indicator for macro than WTI as brent has taken over WTI as the leading quality in the oil market. The WTI price seems to be more dependent on domestic US factors. Also WTI breaks up but is still far from MA200. (Breaks MA50).
Brent oil breaks resistance
Posted by lebow on 16th of Oct 2011 at 01:49 pm
Brent oil breaks resistance in both 60min and daily and breaks MA200 in daily charts. Receives a buy signal in MACD as well. Brent is a better indicator for macro than WTI as brent has taken over WTI as the leading quality in the oil market. The WTI price seems to be more dependent on domestic US factors.
FCX has broken up
Posted by lebow on 6th of Oct 2011 at 12:59 pm
(I hope you bought some marketguy, as you mentioned )
nice charts, fcx
FCX....
Posted by lebow on 2nd of Oct 2011 at 01:27 pm
follows copper and will probably not turn up before copper (and China). FCX is however interesting as its now trading at P/E 5 which is the same P/E ratio at the bottom 2008.
great post
Copper/Coal comparison of 2008 and 2011
Posted by lebow on 1st of Oct 2011 at 02:34 pm
24H market
GDX not acting right
Posted by lebow on 27th of Sep 2011 at 01:59 pm
BPT do have a lot of foreign clients and you can also trade in the futures market
BNO is a good proxy for Brent
Commodity Newsletter for Sunday Sep 25th 2011
Posted by lebow on 26th of Sep 2011 at 04:09 am
Agree, brent is the leading quality for oil nowadays
Fed days are up days:
Shock and Awe? Or Awww Shucks!
Posted by lebow on 21st of Sep 2011 at 12:41 pm
http://marketsci.wordpress.com/2011/08/31/seasonality-map-for-september-2011/
I think that Bespoke has done something like that, but im not sure
Shock and Awe? Or Awww Shucks!
Posted by lebow on 21st of Sep 2011 at 12:38 pm
Fed can devalue the USD
thoughts?
Posted by lebow on 21st of Sep 2011 at 11:36 am
The best way for Fed to have a positive stock market reaction is to devalue the USD. Whatever news Fed deliver, the first reaction may be a initial down reaction in both stocks and USD, but looking at the reactions on the monthly job reports, the dropping USD may give the stock market a boost at the end of the day. Just a thought.
good point 8899
COT inconclusive
Posted by lebow on 18th of Sep 2011 at 11:06 am
after following the numbers for some years i think that the best interpretation of COT is not that is may show us what will happen - it just shows us whats most hot right now - and that is always interesting information. in that sense its best to look at what speculators are doing right now (last week) - increasing or decreasing?
at last a new alert
Posted by lebow on 14th of Sep 2011 at 01:26 pm
at last a new alert
sorry, problems with the uploads
FCX triggers a short
Posted by lebow on 12th of Sep 2011 at 02:33 pm
it breaks below support
http://stockcharts.com/h-sc/ui?s=FCX&p=D&yr=0&mn=8&dy=0&id=p30717041075&a=243621785&listNum=1
FCX triggers a short
Posted by lebow on 12th of Sep 2011 at 01:43 pm
FCX triggers a short