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Updates#034: Fri 11/21/2008 #033: Tue 11/4/2008 #032: Mon 11/3/2008 #031: Tue 10/28/2008 #030: Fri 10/17/2008 There are several open positons that we will continue to do repair damage on. They are as follows: ~more~ #029: Wed 10/8/2008 #028: Fri 9/19/2008 #027: Fri 9/12/2008 Hurricane Ike is going to have an impact on the refiners and drilling companies make no doubt about it. Companies have fled their rigs in the Gulf of Mexico ahead of the hurricane making land early Saturday. ~more~ #026: Wed 9/10/2008 #025: Tue 8/26/2008 There is an update out yesterday's buy as we posted the incorrect symbol. Please read our comments to understand what is going on. ~more~ #024: Sun 8/17/2008 #023: Wed 7/23/2008 #022: Tue 7/22/2008 #021: Thu 7/17/2008 #020: Tue 7/15/2008 #019: Tue 6/24/2008 With a new expiration month before us expect to see dome trading in short order besides our open put spread on GLD. Attached is our weekly review for your review. ~more~ #018: Wed 6/18/2008 We will pick up our trading as market volatility increases. ~more~ #017: Tue 5/6/2008 Read on and find out what is causing us to stay on the sidelines so far this week. ~more~ #016: Sun 5/4/2008 Macro themes related to the dollar are important in today's environment. If the dollar rallies, then the commodity trade will be toast as much of the ascent in price has been due to the weakness of the dollar. Oil has risen in the past week while gold fell ~more~ #015: Mon 4/21/2008 Each week we update the big macro trends within our space and review open and recently closed positions. ~more~ #014: Sun 4/13/2008 We remain with two bullish positions up from one at the end of last week. Each week we review the major trend within the energy, commodities and metals market. This week we note... ~more~ #013: Mon 4/7/2008 Last week we took profits on bullish call spreads in Ensco (ESV) and Valero (VLO) for gains of 25% and 46%. We remain with a long position in ~more~ #012: Mon 3/31/2008 The dollar is trading at 99.24 from 99.88 against the yen, the Euro moves from .65 to .63 while the pound remains at .50. The CRB index finished the week at $394.54 up from $381.74. Brent Crude Oil Futures rose to $103.77 from $99.20. Gold moves to .... ~more~ #011: Mon 3/17/2008 The dollar continues to weaken. Macro themes related to the dollar are important in today's environment. If so, then the commodity trade will be toast as much of the ascent in price has been due to the weakness of the dollar. Oil has rebounded nicely while gold remains a champion. ~more~ #010: Tue 3/4/2008 Each day we will now alert you to the stocks with the most unusual options volume compared to their option volume twenty day average and where price in most cases has not moved excessively. This will help us to garner more ideas and hopefully be of use to you our reader. This is brought to you courtesy of www.orats.com. ~more~ #009: Sun 3/2/2008 The dollar continues to weaken. Macro themes related to the dollar are important in today's environment. If so, then the commodity trade will be toast as much of the ascent in price has been due to the weakness of the dollar. Oil has rebounded nicely while gold remains a champion. ~more~ #008: Sun 2/17/2008 Each week going forward we will summarize changes to the currency, commodity and U.S. Treasury market as they impace the movement of the energy and commodity markets.The dollar is trading at ~more~ #007: Mon 2/11/2008 One of our open ideas saw a HUGE insider purchase worth noting. ~more~ #006: Sun 1/6/2008 Recently we wrote an article which we wanted to share with you. It is more macro in nature but highlights themes for the first quarter. $100 crude oil and gold over $850? Now the talk begins of $150 oil and $1000 gold! This is rather crazy and we are licking our chops for an opportunity to go short both of these commodities as well as many of the underlying companies in the energy and materials sector but will wait until the top is very evident. Why? ~more~ Welcome to 2008! We have closed 14 trades with 11 winners and 3 losers. The CRB index has moved from $348.60 to $366.86 since our last update. Brent Crude Oil Futures have moved from $91.69 to $97.84. Gold has moved from $798 to $860.00. The dollar is trading at 109.75 from 113.28 against the yen while .68 from .69 against the Euro and .51 from .49 against the pound. ~more~ #004: Mon 12/17/2007 As we complete trading for December, there are four open positions. ~more~ #002: Thu 11/8/2007 We have closed 9 trades with 7 winners and 2 losers. ~more~ #001: Mon 10/15/2007 We have open positions that are bearish on SPY, PGN and XOM with a bullish position on EXP. Earnings are due next week for EXP and we may take profits in front of this release on Monday, October 22. ~more~ |