Category: Trading Articles
Canada Withdraws from the Kyoto Convention
Canada has announced its intention to withdraw from the Kyoto treaty on greenhouse gas emissions (GGE), sandbagging the other signatories to the convention. The Kyoto protocol, initially adopted in Kyoto, Japan in 1997, was designed to combat global warming with the agreement allowing countries like China and India take voluntary, but non-binding steps to reduce [...]
View PostSpecial Commodities Outlook
Despite the holiday trading season, investors were out in full force on Wednesday selling riskier assets and jumping into the U.S. dollar and U.S. Treasury markets. Many analysts are starting to raise concerns that the European debt problems could start spilling over into the U.S. Economy. After leaving rates unchanged on Tuesday, the FOMC released [...]
India Embraces Solar Power, Says Price Will Equal Thermal Power in Five Years
Economic South Asian superpower India has firmly embraced solar power, advancing the target date by five years for selling solar-generated electricity at the same rate as electricity generated by fossil fuel plants, from 2022 to 2017. According to government officials, the reason for moving the date forward is plummeting tariffs in the latest solar development [...]
How to trade during the low volume holiday session
Most people enjoy the Christmas holidays because they have a chance to unwind and relax with family and friends. Unfortunately, for traders the holiday season can be troublesome and if they are not careful very dangerous. The biggest problem traders face during the holidays is low volume. Although it doesn’t sound like a big issue, [...]
Market Recap Dec 9 2011
The holiday trading season has begun and not surprisingly we are starting to see volume drop and market movements calm down. Because equity markets were relatively quiet we figured we would start with oil futures. Again there is not much to report as prices continue to consolidate. As we pointed out in the last recap, [...]
Mexico Rising Natural Gas Superstate
Mexico – Rising Natural Gas Superstate? Americans looking south of the Rio Grande tend to forget, if they ever knew, that Mexico is, according to the U.S. Energy Information Administration, now America’s second largest source of imports. Of the United States’ total crude oil imports averaging 9,033 thousand barrels per day (tbpd), Mexico is the [...]
Australia Going Solar – Gonna Cost Ya, Mate
Green activists, take note – for Australia fully to embrace solar power, Canberra would have to spend $100 billion, with photovoltaic cells to generate the electricity covering an area twice the size of Sydney in order to replace Australia’s indigenous inexpensive coal-fired power plants with renewable energy sources. This is not an insignificant figure, as [...]
Japanese Yen Holding Strong
Yen Holding Strong Since the financial crisis started in 2008 a lot of attention was has been focused on the U.S. dollar; however there is one other currency that many traders have been following, which is the Japanese yen. Most people realize that since the financial crisis the U.S. dollar has acted as “safe haven” [...]
U.S. Friendly Fire Causes Pakistan to Permanently Shut Down Resupply Routes into Afghanistan
NATO recently literally shot itself in the foot, imperiling the resupply of International Assistance Forces (ISAF) in Afghanistan by shooting up two Pakistani border posts in a “hot pursuit’ raid. Given that roughly 100 fuel tanker trucks along with 200 other trucks loaded with NATO supplies cross into Afghanistan each day from Pakistan, Pakistan’s [...]
Earthquakes, Water Pollution and Increased Greenhouse Gas Emissions- Fracking – Strike Number Three?
The last decade has seen a sustained campaign by the hydraulic fracturing (‘fracking”) industry against its critics, as the fracking industry in the U.S. alone was worth an estimated $76 billion in 2010 and is projected to grow to $231 billion in 2036 if only those pesky environmentalists can be sidelined. According to Washington’s energy [...]
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