Monthly Archives: February 2010

Unemployment Report 2/5/2010

Traders: be sure to pay attention to Tomorrow’s Unemployment Report at 8:30am EST (2/5/2010)… read more

Short March Silver plunges toward target objective. [chart]

March Silver has dropped over 60 cents since triggering the sell signal recommended in the Traders Market View Swing trade report. The market has crossed to the weak side of the descending median line and is rapidly approaching the reaction line target. However, it is a good time to lower the stop loss to 15.59… read more

Higher dollar triggers swing trade opportunities.

The buy signal recommeded in the last issue of the TMV Swing Trade report was triggered early this morning as the dollar pushes to a new six-month high. I look for the dollar to continue to trade higher into the reversal swing date cluster on February 8 and February 10. The higher dollar has also… read more

Weekly Jobless Claims 2/4/2010

Jobless claims increased by 8,000 this week rising to 480,000 Jobless claims; which is up from last weeks 472,000 reported number.… read more

Bearish reversal swing date turns Wheat lower. [chart]

The recent two-day rally came to an end after trading above the prior day’s high and reaching the descending median line resistance. Soon after the Wheat posted the high,  the projected reversal swing date kicked in and the market reversed lower. Wheat is currently trading over 17 cents off the the day’s high. The market is… read more

Corn Cycle

Since posting a high on Jan. 4th 2010 the March corn has trade lower for 21 days.  Today (2/3/2010) marks the 21st day of this cycle and may portend a potential bottom.… read more

Markets are taking on a negative look.

Many of the markets are beginning to look negative and seem to be taking on a bearish tone. This can attributed to the recent rally in the Dollar. A higher dollar has a bearish effect on dollar based commodities such as grains and softs. I am also seeing many bearish patterns in the currencies and… read more

Is the Sugar rally over? [chart]

March Sugar – According to the F.O. Licht Research Company, sugar prices probably will decline from a 29-year high this year as a “huge increase” in production, mainly by Brazil, may balance the market. Higher prices encouraged farmers to boost planting and weather in Brazil provided improved growing conditions to help increase production. Looking at… read more