By Erik T. Long

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So far By Erik T. Long has created 45 blog entries.

Five Card Draw

By |September 4th, 2017|

Five New Long Shot Trades Posted. This week ushers in a plethora of new algorithmic trades. After combing through these, I found five that I particularly like. The fundamentals look good and so do the four week forecasts. I was able to find an option trade for each of these that is cheap with large profit potential. In fact you can get into all five for under $1,000. So, for your trading pleasure, here are the markets.1) Cocoa - This market has been good to us in the past and I am looking for

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Happy Labor Day!

By |September 4th, 2017|

As summer unwinds we celebrate the achievements of the American worker.As many people return from vacation, I cannot help but get excited. Historically the markets pickup in September and with all of the volatility around the globe, this year will be no exception.I have been reviewing the Algos today and see many new opportunities to get into multiple Long Shot trades. After completing some fundamental research, plan to see quite a few trade ideas posted. In the meantime, enjoy your holiday and

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Who Pays the Meal?

By |August 26th, 2017|

Soybean Meal is finally moving sideways. Could this be a buying opportunity? I have been watching this market for some time while waiting for an opportunity to get back in. Could this be the time? After what appears to be sideways movement and at least a pause in the downward trend, our algos gave us an alert.Imports are looking stronger as evidenced by the table below and we may see bullish movement in the later crop futures. I have posted an order in the Long Shot Report and plan to pick up

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Hedging with Harvey.

By |August 25th, 2017|

Here is a hedge for our Brent Crude short trade.While all of us hope that Hurricane Harvey will not leave too much disaster in its wake, we need to except reality for what it is and is not. Subscribers of the Long Shot Report know that we have a Brent Crude short position on that has been moving in our favor. Although Crude has been in a tight range the last week or so, we should still consider a hedge against the hurricane hitting major oil refineries. As of this writing, November Brent Crude

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Spicy Yen Roll.

By |August 19th, 2017|

Okay Sushi Fans, this is sure to be a hot one! The Algos are giving us an entry signal on the Yen. I expect the dollar to continue on the current path and the fundamentals point to the same. I am recommending a new currency trade in the yen. The exact ...

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Hot Cocoa.

By |August 19th, 2017|

Time to add marshmallows and sip. The Algos suggest that we take profits in the Cocoa trade. Fundamentals have not changed much and are expected to stay the same in the near term. Because of this, I see no reason why we should not cash-in on the trade. I am going to take profits on the Cocoa trade Monday. As of Friday's close the options were going for $320 dollars. I will be looking to sell for $320 or better. Good Luck and Happy Trading.Not a member? Click HERE to join now.Let's hit one out of

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Time to Tee Off.

By |August 16th, 2017|

New Long Shot posted in the Long Shot Report.Trade signals for the 10 Year T-Note with corresponding price predictions in the same direction. There is no conflicting data in the fundamentals, so I am taking a Long Shot in this market. Detailed informat...

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Cheaters Never Prosper.

By |August 16th, 2017|

Cheaters never prosper. When I was studying economics, we were told that cartels always fail because someone inevitably cheats.I am reminded of this statement after seeing how the OPEC cartel failed to raise the price of oil as they announced they were...

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Hog Heaven or Dog Gone?

By |August 16th, 2017|

In Honor of an American Classic. Some of you may recall the trade I posted a few weeks ago for the October Lean Hogs (for those that don't, I have included a copy of the original post below.) At first it looked like we had a real pig of a trade on our hands, but the market has reversed as expected and the trade is currently in the money by $30 dollars. Pete Mazza and I both believe that this trade has more room and we are going to hold to watch it grow fat. If you didn't get into the trade, we

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New Trades Posted.

By |August 7th, 2017|

Portfolio algorithms and predictions are lining up nicely on a few markets. I posted two new Long Shot Report trades in the Members Area. After looking at the fundamentals, I settled on Brent Crude and Corn. We have had good luck with Corn the last couple of months, so let's see if it continues. Our bias is short for Crude and long for Corn. The Corn trade is a short term play with cheaper options near-the-money. I am shooting for a spike up in the next couple of weeks that will allow us to

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