Thesis: Look for an entry on the long side in wheat futures for a mean reversion toward the 200 day. Commercial hedgers are very long which helps increase the chance of a short squeeze if price gets above a key level.
Thesis: Oil is going lower, bounce in correlated sectors / foreign equity markets / currency markets should be faded as they reach their downward sloping 200 day smas. Vehicle: RUSS (3x Short Russia) Originial Plan: Own it against the April
Thesis: Mean reversion toward the 200 day sma at ~ 3.30. Vehicle to play the theme: UNG Original Plan: Entry 14.05 Stop 13.8 Target 16.5 Shares 1 Profit 2.45 Loss 0.25 Risk/Reward 9.80 Actual Entry: Entry 14.15 Stop 13.85 Target
If you’re getting a bit frustrated with the whipsaw action in the US Averages, don’t sweat it, a lot of market participants are. Fortunately for us, there are a whole world of asset classes out there that don’t give a
There’s no doubt that Oil and energy related assets have been a great place to be these past few months, but a lot of the names I follow are hitting my upside price targets left and right. I do believe