By Erik T. Long

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So far By Erik T. Long has created 33 blog entries.

Hot Dog! Another Trade.

By |July 26th, 2017|

In Honor of an American Classic. I have another trade for you that is low risk, but may have a good payoff. I was just discussing Hogs with Pete Mazza and received a text from a friend at a baseball game in San Francisco. Hot dogs came up and I decided to check out Lean Hogs on the Algos. I have a Long Entry for Lean Hogs. Our Portfolio Optimizer is giving me a forecast of 78 and change. Looking at the fundamentals, it's all about the cash side. Short term has been really bullish. Look at

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Coffee & Cocoa…A Sour Bean?

By |July 26th, 2017|

No Gourmet Blend. I just posted some new option trades in the Long Shot Report. I like Coffee and Cocoa to the downside. We reversed our earlier Coffee position for a few reasons. One is that the algorithms gave us a reversal on Monday. The other is that The Coffee is coming from an overbought condition. The near-term supply seems abundant with a slowed demand factor. Coffee stocks seem high at the moment and weather conditions are conducive for growing product. From a strictly technical

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Trade Summary.

By |July 25th, 2017|

Profit taking and where we are. Our trades from the "Five Card Draw" Blog are closed out except for the Eurodollar trade. I plan to hold on to it, but will probably be recommending a put to turn the trade into a spread. Exact strike prices will be posted in the Long Shot Report. Our other trades are looking pretty good. We took profits on Corn of $212.50 per option. Feeder Cattle was good for $425.00 per option. Those of you that took profits on last week's Monday Soybean Meal recommendation

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