EconMatters's blog
Gold Sitting at Ledge of 2-Year Support Cliff
Submitted by EconMatters on 02/21/2013 01:06 -0500Well Gold hasn`t had a particularly good start to the year, in fact, a good pairs trade would be going long the S&P 500 and short the Gold market for a nice 12% return in two months.
The Stock Market is a Giant Ponzi Scheme
Submitted by EconMatters on 02/20/2013 08:39 -0500Hence the cost basis of their investments is much higher with each artificial liquidity injection. This is great for current retirees, but at the expense of future retirees who now have inflated assets that will deflate once the Fed takes away the proverbial punch bowl.
Lumber Prices near the Top of their Historical Range
Submitted by EconMatters on 02/19/2013 08:24 -0500But if we examine the history of lumber prices relative to the strength of the housing sector, lumber prices may be getting slightly ahead of themselves from a valuation standpoint.
Technical Analysis of the Cotton Market
Submitted by EconMatters on 02/18/2013 10:50 -0500There are just too many variables, too much information, and even unknown variables that play into market dynamics.
Technical Analysis of the Wheat Market
Submitted by EconMatters on 02/17/2013 12:52 -0500
So price can always go far lower or higher than one would think ahead of time in any market, but in commodities especially be careful not to make price assumptions.
More Layoffs Coming in Financial Markets
Submitted by EconMatters on 02/16/2013 11:16 -0500
Just watch markets lately and one realizes rather fast that more job cuts are on the way, and in a major way all across the spectrum from financial analysts, stock analysts, traders in most products, back office support staff, and management.
The Corn Market Looks like a Short
Submitted by EconMatters on 02/15/2013 06:46 -0500There was corn planted in makeshift small lots, open fields, small farms, and bigger farms.
The S&P 500 and Brent Oil are basically the Same Market
Submitted by EconMatters on 02/14/2013 05:42 -0500This is why before and during almost any major up move in markets traders go to the EUR/USD and USD/JPY funding crosses for the juice to propel the move. It all starts with the juice, that is what determines price in markets.
The Brent Oil Contract is a Sham!
Submitted by EconMatters on 02/13/2013 05:25 -0500We have gone from a supply and demand market to a funds flow market and this really sucks for consumers.
WTI – Brent Spread to test $30 Level in 2013
Submitted by EconMatters on 02/12/2013 12:17 -0500Now that Enterprise Products Partners LLP has let the cat out of the bag that less than a month after expanding the Seaway pipeline capacity to 400,000 barrels per day, The Jones Creek terminal has storage capacity of 2.6 million barrels, and it is basically maxed out in available storage.
The Volatility Index is closing out February with a Whimper
Submitted by EconMatters on 02/12/2013 04:01 -0500The first two months of the year have seen volatility crushed downward in this two month bullish rally in assets as new money came rushing into markets needing to get off to a positive start for the year.
Is Inflation really a Problem?
Submitted by EconMatters on 02/11/2013 05:03 -0500It seems that to exclusively focus on one side of the equation can be human nature at times, and with regard to inflation concerns humans never see the other side of the equation, i.e., areas where they are actually experiencing deflation in their lives.
Central Bank Inflation & Spending Recovery from the Deflationary Abyss
Submitted by EconMatters on 02/10/2013 12:09 -0500Everyone is currently worried about inflation with the central banks printing like there is no tomorrow.
No Love for the Coffee Market?
Submitted by EconMatters on 02/09/2013 10:19 -0500Coffee is just that kind of market great for traders and well worth putting on your trading radar screens.
So David Einhorn is the Dumb Money on Apple
Submitted by EconMatters on 02/08/2013 09:07 -0500
Turning your growth trade into a value trade is the quintessential sign of a losing trader on Wall Street.
