Feeds:
Posts
Comments

Archive for the ‘Commodities’ Category

Will the U.S. Dollar Continue to Smile?(*)

Posted in Commodities, Economic Forcasting, Economy, tagged , , on May 19, 2009 | Leave a Comment »

*Reference to the ‘Dollar Smile’ theory (explained by Macro Man, coined by Morgan Stanley):
One possible explanation is an emerging school of thought that a US recession/quasi-recession is actually good for the dollar. According to the proponents of this theory, weak/negative US growth is both damaging to the rest of the world and a catalyst to [...]

Read Full Post »

Some Short Ideas for the New Year

Posted in Commodities, Investing, Stock Analysis, tagged , , on December 18, 2008 | Leave a Comment »

After a move from $40 to $50, it looked like oil may have bottomed. We now stand at $38, even after production cuts from OPEC.
Oil extended yesterday’s 8.1 percent decline after OPEC agreed the group’s 11 members with quotas will trim current production by 2.46 million barrels a day to 24.845 million barrels a day. [...]

Read Full Post »

Breakeven Price of Crude

Posted in Commodities, tagged , on November 15, 2008 | 1 Comment »

As a follow up to my prior post, here’s an interesting chart (courtesy of Fitch Ratings) from Paul Kedrosky’s Infectious Greed:
Interesting stuff. I never realized the variance in costs of oil extraction – notice Bahrain is currently underwater for every barrel they sell..

Read Full Post »

Crude Oil = $57

Posted in Commodities, Green Energy, tagged , on November 12, 2008 | 1 Comment »

For the near term, the positive effects of low oil on the economy cannot be overemphasized; with lower costs of gasoline and heating oil, the American consumer has more money to spend on other things. When looking a little deeper and further out, we may see a slightly different story:
From the Financial Times:
The International Energy [...]

Read Full Post »

Bailout Aftermath

Posted in Commodities, Credit Crunch, Currency, tagged , , , on September 22, 2008 | Leave a Comment »

I have to first congratulate my old economics professor for nailing the root of the dollar’s weakness in a prior post:
The US economy, rightly, faltered first – With no fiscal policy upon which to draw, Bernanke got it all with not even a blindfold to keep him company. Rates were slashed, time and again. Meanwhile, [...]

Read Full Post »

Tuesday; Turning Point in Financial Crisis?

Posted in Commodities, Economic Forcasting, Financials, Global Economy, tagged , , , , , on August 13, 2008 | 1 Comment »

August 13th:
I’ll be starting class again soon, so I’m not sure how much blogging I’ll do going forward (barring anything fun to write about).
This will be one of my last posts before school, and I think this is a good time to write what I’ve been feeling about the markets for a while.
Well, the Olympics [...]

Read Full Post »

Oil’s change in tone…

Posted in Commodities, tagged , on July 17, 2008 | Leave a Comment »

I didn’t want to write anything, because I was afraid of jinxing the drop in crude:

To cover myself In defense of this happening tomorrow or next week, I’ll have to site Jim Cramer, (by doing that, I’m definitely marking the end of this pull back) He says a typical bear market rally lasts 3 days, [...]

Read Full Post »

Good news on the commodity front

Posted in Commodities, Global Economy, News, tagged , , , on July 7, 2008 | Leave a Comment »

Finally some mercy in the hard/soft commodity market:

BRENT CRUDE FUTR:     $141.50     -2.02% 11:10 AM
NATURAL GAS FUTR:     $13.03       -4.05% 11:10 AM
CORN FUTURE:               $747.00     -3.86% 11:25 AM
SOY BEAN FUTURE:        $1561.00    -4.29% 11:29 AM
WHEAT FUTRURE:           $836.00      -5.77% 11:30AM

A couple of factors have spurred the pullback today, including some profit taking following speculation that Iran is going to be attacked. I think [...]

Read Full Post »