How they stack up to one another right now
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Tuesday, I shared a way to look at reversal trades using commodities and particularly, DBC, the Commodity Index ETF, as an example.
In fact, pretty much the entire commentary focused on commodities as I am fascinated by the constant opposing …
Many folks have been asking me questions lately about certain commoditiesand whether or not I see basing action. Let’s stray from the sheep/goat conversation for now (related to the indices) and talk about bears and potential bulls (old school).
Not …
Rates remain a double edged sword
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Clearly some of you are expecting me to write about the inside days in the indices (when the trading range of the current day is inside the trading range of the day prior), comparing the pause/consolidation/hesitation to our peaceful, grazing …
And a look at the basic commodities
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We ended last week steeped in the Chinese New Year metaphor of the sheep/goat for good reasons. In 2014, the Year of the Horse became an image engrained in my mind because the market so often resembled a horse-one that …
Sheep will graze for an average of seven hours per day, mostly in the hours around dawn and in the late afternoon, near sunset. Sheep are very selective in their grazing habits. They eat grass, clover, forbs, and other pasture …
With fear diminishing, the market is waiting for good news
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According to the Chinese calendar, 2015 is the Year of the Goat (or sheep), creatures that are typically peaceful in nature but can also be stubborn, while exhibiting herd-like behavior. In China, the Year of the Goat can signify peace, …