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Sow in May
Okay, okay, so it’s a corny headline, but we’re pretty darned sure you’ll forgive us!
When farmers all get the same kernel of an idea in their heads, it can spell disaster. That’s what happened Tuesday wh...
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So much for selling in May
The old adage inviting traders to book springtime profits before heading for glorious sunshine in the Hamptons hasn't really done much good so far in this summer. The S&P index stood at around 916 at its best in May before ...
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Did The Swiss Miss?
Two bouts of heavy selling of the Swiss franc last Wednesday, each lasting only 30 minutes appears to have done the trick, sending currency speculators back under the rocks. The Swiss franc cheapened in to the weekend settling down at...
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Paradise lost?
That's what Barclays bank in London says about the fortune of the dollar as the U.S. recovery gets underway. The dollar will weaken according to the bank's analysis from $1.40 against the euro to $1.50 within a year. The bank analysts can'...
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Thursday, June 25, 2009 Jacob's ladder With eyes glued to the trading screen for a brief adrenaline kick at the dojo today, your editor watched the reaction of the dollar in the 30 seconds after the FOMC announced an unchanged policy stance. When we say...
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Wednesday, June 24, 2009 A caning for sugar Tuesday proved to be a quiet day for equities with prices only gyrating in a narrow range. Curiously, a bullish pre-market move quickly turned to dust not far into the session as investors continued to worry a...
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Monday, June 22, 2009 Crude oil in a funk Is crude oil losing its appeal just as the key American driving season warms up? Crude oil and gasoline prices reversed course in the final hours of Friday's trading as traders dismissed efforts to disrupt Nigeri...
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China fund On Wednesday this week, President Obama unveiled measures to help protect consumers from another financial crisis happening again. It's extremely difficult to measure the two silos of pain that could measure the impact on individuals versus fin...
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Thursday, June 18, 2009 News you can use - and some you can'tKeeping our eyes peeled during the trading day we occasionally come across little tidbits that all go into the melting pot, which from time to time we dip into in order to serve up our trading ...
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Wednesday, June 17, 2009 House full of aluminum for sale - any buyers? An increasing number of banks are seeing trade financed by stockpiles of raw materials. After all, piles of iron ore pellets or copper are merely a proxy for money as they work their ...
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Tuesday, June 16, 2009 The trouble with inequities They used to say that all is fair in love and war. That same expression might be applied to economic good times and bad. The tumbling dollar economy decimated the fortunes of every other global market. A...
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Monday, June 15, 2009 China's commodity bubble What are the prospects that the recent commodity price snap back is for real as opposed to being a revival of the bubble that burst deafening investors in the process? With most investors clamoring to buy eq...
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Friday, June 12, 2009 Risk and reward You know things are bad when farmers are bragging about how much rain they didn't get! That's how we introduced our buy recommendation to Jurojin Weekly readers this week as we assessed the soybean market. But you h...
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Thursday, June 11, 2009 Risk-on, risk-off - another day in the dealing room. Less than a week after investors priced in a certain interest rate rise from the Federal Reserve two pieces of evidence emerged indicating that the Fed's policies were either no...
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Wednesday, June 10, 2009 Agriculturals get bullish ahead of crop reportThe dollar put its pistols away on Tuesday. Investors collectively decided that, despite the so-called efficiency of the market that the Fed isn't on the verge of a monetary tightenin...
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Tuesday, June 9, 2009 Perpetual motion It is of course hard to stay in motion when that object has no legs to speak of. Yet the stock market keeps gyrating as investors try hard to get their collective heads around what constitutes good news and what bad...
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Monday, June 8, 2009 Dollar reversal or merely a pullback? The May employment report sent shockwaves across global markets as investors wondered why the reading was well out of whack with expectations. The loss of about 345,000 jobs in May was well short...
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Thursday, June 4, 2009 Bernanke's pep talk"Enough already Mr. President! You can't run a budget deficit for ever - the world won't like it. If you think the state of financial markets post-Lehman bankruptcy was wobbly, keep on cranking up the deficit and...
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Wednesday, June 3, 2009 Not your grandfather's recessionOr perhaps it is. One of the most successful Federal Reserve governors of all time, Paul Volcker stepped up to air his views recently on the severity of the U.S. recession. The octogenarian, born th...
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Tuesday, June 2, 2009 Golden lining of GM's bankruptcyWho'd have ever thunk it? Perhaps one of the most prolific bankruptcy filings of all time and the stock market heads for infinity and beyond! Okay, we admit it. There's more to it than that. Indeed,...
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