Monthly Archives: December 2009

Stocks hold firm near their 14 month highs

Both stock indexes are holding firm today, with the S&P500 posting a fresh new 14 month high and the Dow within 80 points or so

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Grains and Metals feel the wrath of the higher dollar

Late last night I posted a comment where I thought the beans might fall out of bed today, and test the 985 level. We did

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Dollar makes a new 3 month High, S&P posts new 14 Month High

In an interesting trade today, both the Dollar index and the stock indexes are moving higher. Conventional wisdom would suggest that there would be an

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Stronger dollar punishes Beans and Wheat, while Corn is the bull side of those spreads

The stronger dollar is pushing the beans and the wheat lower. Technically, Jan beans today slid to an important number, testing the key 1000 a

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Monday’s Down, 3 Days til Christmas

SP500 cash posted a high today at 1117.68, just 2 handles away from its previous 14 month high at 1119.13. Looking at a

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Dollar Bounce, Metals Break in Teeter Totter Trade

The dollar bounced back from its earlier weakness and is now trading at 77.91. Feb gold has had a high today at 11208, a low

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Here Comes Santa Clause

This morning, the dollar index is slightly lower, hanging around the 78 level. Dow cash and S&P cash are within a stone’s throw of their

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No Reason to Trade this Holiday Week

I will be doing a couple of updates this week. With Thursday being Christmas Eve Day, I can only advise all of you to trade

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Quadruple Witching had Heavy Volume as US traders shut down for the year

For all intents and purposes, this is looking like the final heavy volume day of the year for these stock indexes. We had our quadruple

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Metals and crude oil catch a bid, as Dollar moves slightly lower from its 3 month high at 78.14

The dollar index has backed off from its earlier 3 month high at 78.14, and is now trading just 8 ticks higher at 77.77. The

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