RSSCategory: OPP Weekly Updates

Weekly Update: February 3, 2016

| February 3, 2016

Weekly Update: February 3, 2016   Big Picture Outlook: Precious metals are getting a nice bid today… As I write, gold is up $13.80 an ounce (+1.2%) while silver is up $0.41 (+2.88%). While the upturn is certainly beneficial to our open positions, it’s the downturn in the US Dollar that really has me excited. […]

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Weekly Update: January 27, 2016

| January 27, 2016

Weekly Update: January 27, 2016   Big Picture Outlook: For the second week in a row, the price of WTI rallied after the EIA reported remarkably bearish supply information.  For the week of January 22nd, US crude inventories rose by 8.4 million barrels- a heavy addition to already overflowing supplies. But WTI rallied 1.9% on […]

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Weekly Update: January 20, 2016

| January 20, 2016

Weekly Update: January 20, 2016   Big Picture Outlook: No doubt about it, today was another wild one for the markets… As you likely heard, the Dow Jones Industrial Average plunged as much as 566 points intraday before buyers stepped in to halt the decline.  After it was all said and done, the Dow ended […]

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Weekly Update: January 13, 2016

| January 13, 2016

Weekly Update: January 13, 2016   Big Picture Outlook: It wasn’t that long ago the thought of oil trading at $30 a barrel was deemed as crazy talk.  As you may remember, the commodity was trading at over $100 a barrel as recently as July 2014. But look where we are now… The price of […]

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Weekly Update: January 6, 2016

| January 6, 2016

Weekly Update:  January 6, 2016   Yearly Performance Review: Happy New Year!  With the markets off to a tumultuous start to 2016, we’re taking a temporary departure from our normal schedule. Instead of our normal weekly update, I’m providing a performance review in today’s issue.  Analyzing our trades from all of 2015 will highlight the […]

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Weekly Update: December 16, 2015

| December 16, 2015

Weekly Update: December 16, 2015   Big Picture Outlook: Today was a rather historic day in the marketplace… For the first time in nearly a decade, the US Federal Reserve raised interest rates.  That’s right, Fed Chairman Janet Yellen took rates higher by 0.25% in this afternoon’s FOMC meeting release. Surprisingly, the market reaction has […]

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Weekly Update: December 9, 2015

| December 9, 2015

Weekly Update: December 9, 2015   Big Picture Outlook: Well folks, here we are… Crude oil has once again dropped into the mid-$30 a barrel range. But unlike the last quick dip into this zone in August, this foray may last a little longer. As you likely heard, instead of OPEC cutting production in last […]

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Weekly Update: December 2, 2015

| December 2, 2015

Weekly Update: December 2, 2015   Big Picture Outlook: As I mentioned in yesterday’s trade alert, trading in many important commodities has become decidedly choppy and directionless the past week.  Crude is still trading at the bottom of a range near $40 a barrel while gold and silver are stuck near $1,060 and $14 an […]

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Weekly Update: November 25, 2015

| November 25, 2015

Weekly Update: November 25, 2015   Big Picture Outlook: Some surprising geopolitical news sent crude sharply higher in yesterday’s session.  As you likely heard, Turkish forces shot down a Russian fighter jet when it allegedly violated their country’s airspace. Not surprisingly, the details of the situation are murky.  Russia and Turkey are both pointing fingers. […]

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Weekly Update: November 18, 2015

| November 18, 2015

Weekly Update: November 18, 2015   Big Picture Outlook: Despite being sharply oversold, gold broke to new 5-year lows in yesterday’s trading session. While I’d be surprised not to see some sort of technical bounce in the yellow metal, there’s a growing possibility of a huge downdraft reminiscent of 2013. As you may remember, gold […]

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