Bernake Bites Back

Bernake Bites Back

So far this has been a pretty good day, but the longer DBA trades below 42, the more inclined I am to get out of the trade. Ultra Shorts SKF, SRS and TWM are working very nicely today, up ~3%. FXY and FXF continue to trade higher as there are more carry trades unwinding. Of…


Mindless

Hooray for cheap moneyIt sucks to be poorInflation is hereYou may have to whore


Commodities and Chinks

Well its been two weeks since I last posted, but with a fresh bag of salad, I’m read to roll. It looks like the dollar is about to fall off a cliff as it trades to an all time low against the Euro. Oil, Silver, Gold, Wheat and related countries continue to move higher as…


Rally Ramblings

Thank god I don’t take my own advice too seriously during the trading day, TWM is down a hefty 5% in two days. As the market rallies, I’m not playing the short side, I don’t want to fight a rising 5 day moving average. EWM has been a solid performer over the last two days,…


Tuesday Morning

Insomnia has my balls again, so here are some thoughts for Tuesday. I like the action in the following ETF’s: DBA, DBC, EWM, FXY, SKF, SLV, and TWM. These seven funds have many of the fundamental and technical characteristics I think will do well in the coming months, and have been looking real good in…


Back from the Dead

It has been a rather ridiculous two weeks. This blog hasn’t seen too many posts, mostly due to my horrific embarassment and reluctance to get back in the game. SRS, SKF etc took HUGE plunges following my recommendations… and while I had the good sense to steer clear of the mess (after losing 2% of…