Monthly Archives: October 2017

Events that Matter and Why – Economic Releases

By |October 29th, 2017|

Wednesday, November 1 ADP Employment Change 7:15 AM CT Crude Oil Inventories (EIA) 9:30 AM CTFOMC Decision 1:00 PM CTThursday, November 2Natural Gas Inventories (EIA) 9:30 AM CTIndicates the change in supply in underground storage for the last week.Fri...

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Back to the Rabbit Hole.

By |October 10th, 2017|

Cashing in on Harvey.While it pains me that Hurricane Harvey caused so much damage to our friends and loved ones, we still can't forget our hedge.I feel it is time to cash-in on the on the WTI calls that I recommended. If you don't recall, these were a hedge for the Crude Puts in the Long Shot Report. As it turns out, those options are trading for $480 dollars today, giving us a profit of $220 dollars gross. The predictors point slightly down to flat in the coming weeks for WTI and we

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Events that Matter and Why – Economic Releases

By |October 9th, 2017|

Monday, October 9 Monday, October 9US Holiday: Columbus Day Banks Closed, Markets OpenWednesday, October 11 1:00 PM CTFOMC Meeting MinutesThursday, October 12Natural Gas Inventories (EIA) 9:30 AM CTIndicates the change in supply in underground storage ...

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Taking Profits.

By |October 9th, 2017|

The Algos forecast lower prices in Natural Gas. Although I agree with the prediction, our option trade is running out of time. Due to time restraints, I recommend taking profits in Natural Gas. Currently the options are priced at $140 dollars giving us a small profit. We have new lows today, so you may want to hold until the end of the week if you want to take a chance on squeezing out a few more bucks.I am also recommending that we take profits on the Soybean Meal trade. Currently the options

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Market Peaks.

By |October 1st, 2017|

A New Vista. I just returned from a fantastic trip to Peru. While I was there, I visited Machu Picchu and climbed the nearby mountain called Waynapicchu. The view was incredible and while looking down on Machu Picchu, I couldn't help notice how close Macchu Picchu appeared after climbing for all of those hours. Granted, the people still looked like little ants, but it really didn't look hours away. Oddly enough I started thinking about trading and ultimately option trades. After a climb down of

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