Posted in Al's Friday Market Missive, Big Picture Review, Short sale watch, tagged amazon stock, coffee bull market, commodities bull market, gold bugs, silver investing, silver longs, spread betting commodities on July 25, 2008 | Leave a Comment »
Interesting day and week really in the markets, bear rally continues in main indices. I am reviewing short opps in internet stock Amazon and long commodities – the softs.
On the commodities first – set the background – oil chart since 2000.
Well, to me, it looks like a spike which could retrace to $80 – [...]
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From now on, due to time pressures I will have to post only on Friday a review of the week, and Sunday for a general Big Picture, “Kitchen Cabinet” overview.
Update on Coffee, well, letting profits run on this one, as it didn’t want to get stopped out in the week when I tightened stops. [...]
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Although this chart is a couple of years old now it illustrates nicely the potential upside in NY Coffee (Arabica contract) – the aim is to catch this as it breaks over 14000 (now trading in the range 13000 to 14000) – when I’ll scale in the rest of the 15 unit position. The [...]
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Posted in Big Picture Review, tagged capitalspreads.com, coffee bull market, commodities investing, cotton trading, finspreads.com, Gold, IGindex.com, silver investing, silver speculating, spreadtrading, stock market crash on January 27, 2008 | Leave a Comment »
This is my first Sunday Big Picture review and I want to focus on the general state of the markets as we come to the end of a traumatic (for some) first month of 2008.
One of my favourite sites for stock market commentary is Zealllc.com as the chap who writes there (Adam Hamilton) lives what [...]
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Setting the scene – the chart is of the Dow Jones Soft Commodities Index. You can see it has had a downtrend for the last 18 months or so and looks to be setting up for a new move upwards. This is the general market condition supporting my view that coffee, one of [...]
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