By Erik T. Long

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

Good Action This Week.

By |August 7th, 2017|

Portfolio algorithms and predictions are lining up nicely on a few markets. I am happy to report that there are consistent forecasts this week on a number of markets. I am currently researching fundamentals and expect to have a few new Long Shots for tomorrow. Markets that caught my eye include Brent Crude, Corn, Coffee, and the NASDAQ. Our Cocoa trade has an exit signal, so I will be looking for a good time to exit the trade this week. I also see an exit signal for Lean Hogs. While this was not

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Better Safe than Sorry…

By |July 31st, 2017|

I am getting mixed signals on algos, portfolio picks, and fundamentals. I have been analyzing a number of portfolio picks and comparing them to the weekly forecasts. I have also looked at the fundamentals on these commodities. I am getting conflicting signals across the board. I think it is best to stay out of any new trades this week and see where we end up at weeks end. I will continue to look for any underpriced options, but nothing found so far. The markets of interest for this week are

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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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