An article yesterday in the UK’s Independent newspaper by Robert Fisk claimed that “In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading.” It set off an immediate firestorm of response and attacks on Fisk’s credibility (one [...]

On theory, economics, and charting I always look for a way to use these…and in this case to apply them to trading profitably…
…I think the Euro is over-valued and contrived and I’ve read enough great points of view to back that up.. from leading experts, backed up by data, theory and historical examples.
However this will [...]

One of the best webinars I’ve ever seen.  Regardless whether you’re an investor or trader, in this video Jack Bouroudjian covers the major interacting forces acting on the market such as economic reports, treasuries, and yield curve.  In addition, Bouroudjian shows us incredible insight into how the markets are structured, interact with each other, and [...]

Based on the feedback we have been receiving over the past few weeks regarding our weekly newsletter, we are changing the format of the BHBGroupTrader Market Spread Report. First, the capital markets comment will contain four sections, each pertaining to a different complex in the futures asset class: macroeconomic/equity, currency, interest rate, and commodity. Second, please note that in the ideas section, I will include only recommendations applicable to the futures market.

Capital Markets Comment | Futures Feature Trade 1: Treasuries | Futures Feature Trade 2: Coffee | Previous Trade Recap/Update | Subscribe via RSS | Disclaimer

In rather peculiar trading, which saw relatively wide intra-day ranges and yet relatively tight closing prices, the S&P 500 broad market index closed the week of June 8-12 a whopping 8 points, or 0.85% higher.

The biggest story from last week, and one which I am monitoring very closely, is the rise of interest rates in the US. The Ten year treasury bond yield which stood at 3.16% a month ago has moved to 3.83% on Friday. The 30 year Treasury bond has moved from 4.06% a month ago to 4.6% on Friday The increase in rates is a major factor for US mortgage rates and for the hopeful turnaround in housing values and sales. US mortgage rates have jumped almost 28% during the past few weeks and this continues be a major factor for new homeowners who will need the incentive of low rates to be able to feel confident in buying a home.

As I write this early Monday morning, GM, the seventy-seven year old blue-chip company – a symbol of great American innovation and industry of the roaring 20s – is in bankruptcy court filing chapter 11. Its shareholders and bondholders are being wiped out. Yet the market is ripping higher. Rather, to understand the recent rally one has to look no further than the US dollar [...]

I believe the ideal strategy for dealing with current market uncertainty and volatility is to adopt a strategy that lies somewhere in between that of the buy-and-hold investor and the fast-money trader. It is a strategy that has historically shown to greatly reduce investment risk without compromising return potential. Known to the world’s top money managers as a market-neutral strategy [...]

Today’s Market Commentary Wednesday Janurary 28, 2009
Well not much has changed and today was a very choppy day. However we held the hourly 50sma’s on the indices as support and actually the futures are up on all the financial news. We have been consolidating since last Tuesday so maybe now today we are ready to [...]

Today’s Market Commenatry Tuesday Janurary 27, 2009
Well to start off the target I have been looking for on the DJ30 upside is 8250, today’s high was 8231.68 so I missed it by 18.50.  Today was the first hourly close on the DJ30 above the 50sma since Jan. 7th.  Now the hourly 50sma is support at [...]