Category: Market Commentary
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, [...]
View PostMexico 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 [...]
Market Recap for Dec 2 2012
The rollercoaster that is the marketplace continues to take investors on a wide ride. After two weekly negative closes, the S&P 500 bounced back and closed this week up 7.39%. This week investors got a sense that European politicians are starting to be more proactive in trying to resolve the latest debt crisis. Last week [...]
China to Embrace Fracking In an Effort to Ramp up Energy Production
China is leaving no shale deposit unturned in its effort to develop indigenous energy resources. On 24 November China’s Ministry of Land and Resources geological exploration department head Peng Qiming said during a press conference that China’s combined oil and natural gas output, 280 million tons in 2010, is projected to rise to 360 million [...]
Major Currency Pairs Have Unique Personalities Worthy of Accommodation
For newcomers to the world of currency trading, the first concept to grasp is that no one buys physical currencies or securities denominated in the coin of a foreign realm. A retail forex trader buys a position in a currency pair, and, depending on how he positions his trade, he will always be “long” in [...]
Google Reins in Spending on Renewable Energy Technology
Back in July Larry Page became Google’s new chief executive and immediately began a campaign to reign in Google’s projects and focus their resources. This was due to the stiff competition they were facing in mobile computing and social networking from Apple and Facebook, and also investor sentiment towards increasing expenditure on none core businesses. [...]
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, [...]
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