Archive for September, 2009
Gold went over $1000 and sustained a rally to $1020. A dip to test, and re-test $1000 is likely. This magical number will continue to be used as the line at which bulls and bears continue to thrash each other relentlessly like a tug-of-war match in an Ultimate Fighting chained rink. I’m watching the 70.50 [...]
September 16th, 2009 | Posted in Bearish Looks, China Stocks, Commodities, Discretionary Traders, Economy, Emerging Markets, Energy Stocks, global macro, Hedge Funds, Proprietary Trading, Trade Ideas | Comments Off
With all of the clutter and insanity due to groups turning into recruiting grounds and advertising forums for esoteric and mindless products, I was compelled to launch my own LinkedIn Group which is being emphatically embraced by the systematic and discretionary proprietary trading universe, to my delight. I know many of you are Prop. Traders, [...]
September 16th, 2009 | Posted in Algorithm Development, Art, Bearish Looks, Behavioral Finance, Biotech, China Stocks, Commodities, Discretionary Traders, Economy, Emerging Markets, Energy Stocks, Ethanol, Financial Sector, global macro, Google, Hedge Funds, Home Builders, Journal Entry, Metals & Mining, Microsoft, Politics, Proprietary Trading, Semiconductors, SEO, Social Media Marketing, Tech Stocks, Technical Analysis, Technology, Trade Ideas, Trading Discipline, Web 2.0, Yahoo! | Comments Off
The US Economy, according to the behavior of key market sectors, is on an absolute tear and within six to nine months, the data is going to be screaming “expansion” at a breakneck pace. Bond market behavior over the past several weeks suggested the same except the talking heads tried to rationalize it as “bond vigilantes” wreaking havoc on the President’s fiscal policies. A monkey could have rationalized better than them.
September 6th, 2009 | Posted in Commodities, Economy, Emerging Markets, global macro, Trade Ideas | Comments Off