Posted by David Becker on October 20, 2011 ·
Sentiment in the oil pits turned negative during the afternoon trading session despite better than expected inventory data released by the Department of Energy. Oil prices followed US equities lower, which were dragged down by worse than expected earnings from Apple on Tuesday. WTI declined more than $2 dollars a barrel testing support levels. The inventory reflected a bullish picture, but was [...]
Posted by David Becker on October 12, 2011 ·
Oil markets continued to grind higher, as investors continued to move capital into riskier assets. On the heels of last week’s better than expected employment report, US growth prospects are beginning to climb, adding a bullish tone to the petroleum markets.Oil prices are starting to show specific signs of bullish price action. Specifically, the large contango that was seen in WTI oil prices [...]
Posted by David Becker on October 6, 2011 ·
Oil markets received a much needed shot in the arm as sentiment on riskier assets continued to benefit globally. Wednesday’s better than expected economic data along with robust petroleum inventory numbers aloud oil prices to rise nearly $4 dollars a barrel to test the $80 level. Prior to Wednesday trading session, ADP private payrolls indicated that while US labor market conditions remain [...]
Posted by Dr Mike Campbell on September 27, 2011 ·
Gold has been valued by man since almost the dawn of time. The rarity of the metal and its physical appeal has made it sought after for jewellery and as a source of wealth and power. Gold has been the basis of many currency systems since recorded time and as recently as the 1970s, it formed the (theoretical) backbone of international trade transactions. Gold has always been seen as a safe haven investment [...]
Posted by Dr Mike Campbell on September 27, 2011 ·
It can truly be said that oil is the lifeblood of capitalism. Not only do oil products produce the fuels, energy and lubricants that industry needs for physical production, the petrochemical industry produces an enormous range of products from drugs to plastics. The clearest example of the importance of oil is in the production of petrol and diesel, but, of course, oil and gas are widely used in electrical [...]
Posted by Jim Makos on June 9, 2011 ·
A month ago it became known that George Soros sold $800m worth of gold, but it is just this week that Russia claims IMF Chief Strauss-Kahn was framed for discovering all US gold from Fort Knox is gone! Two different stories may have great impact on the gold price. Gold futures declined this week from $1,554, although the all-time high for the precious metal stands at $1,564 reported during May. Gold [...]
Posted by Jim Makos on October 22, 2010 ·
Futures and options are another hot investment that many investors are finding interest in. A future contract (its complete name) is a standard documentation that obliges the seller to sell a specified asset on a future pre-determined date at a price decided today or rather on the date of sale. Futures are traded on exchanges similar to that of stocks and bonds, called futures market. Here the seller [...]
Posted by Jim Makos on September 28, 2010 ·
E-Mini futures trading was introduced in 1997 on the Chicago Mercantile Exchange as a means of encouraging more non-professional traders to take part in trading futures without having to make the huge commitments that other forms of trading require. E-Mini futures trading allows investors to buy an electronic futures contract which is actually a fraction of a normal sized full futures contract. There [...]
Posted by Jim Makos on September 24, 2010 ·
Trading futures can either make a person significant profits or significant losses, it all depends to the futures trading strategies put into place. Futures trading strategies help determine the success of a trader, because without them, a trader is simply buying and selling based on no analytical research. Essentially developing futures trading strategies is the difference between success and failure, [...]