Incoming Fed Chair Admits Equity, Debt & Commodity Markets Are Bubblicious

Written by Al Martin Sunday, 17 November 2013 22:55

(11-17-13)  Earlier undervaluation  in the Dec. Long  Bond Contract was corrected in last week’s trade. You would recall that we bought the Bonds at 131.12. We were able to ultimately sell them at 132.28 in our Thursday overnight standing order. We noticed fresh selling coming into the Bonds above 132.24. We suspect that the Bonds have had the QE3 extension rally for now. We’re looking to short the Bonds above 132.24.

Read more: Incoming Fed Chair Admits Equity, Debt & Commodity Markets Are Bubblicious

 

Friday's Action Overdone Creates Opportunities for Sunday Night Trade

Written by Al Martin Monday, 11 November 2013 01:22

 (11-10-13) We think the hit in the US Treasuries was overdone in Friday’s action. We were stopped IN (professional traders are stopped in; it’s only the Unwashed that are stopped out) at 132.17 off of our 132.19 stop. We covered on the close at 131.24. Our next orders down, to get long the Bonds at 131.20, also hit. We are currently long the Bonds from that level. We would expect the Bonds to drift up a half a point in Sunday-Monday trade.

Read more: Friday's Action Overdone Creates Opportunities for Sunday Night Trade

 

Subscribers Report as Much a $40 Profit in Our Short Dec. Gold Recommendation

Written by Al Martin Sunday, 03 November 2013 23:01

(11-3-13) We had warned of overvaluation in the Dec. Gold contract in our last week’s missive. We were short sellers of the contract on our standing order at 1355, which we covered on the close Friday on our standing cover order at 1315 Good breaks in the Silver -- we had also warned of overvaluation in the Silver above 23.00. We were short the Silver from 22.85 midweek and were able to take a dollar out of the contract by the close Friday. We would expect that Gold is coming back down for a test of 1300 in the coming week’s trade.

Read more: Subscribers Report as Much a $40 Profit in Our Short Dec. Gold Recommendation

 

Bonds Join the Ranks of the Overbought

Written by Al Martin Monday, 28 October 2013 02:44

 (10-27-13)  We are now trading the Dec. Long Bond contract on the short side on rallies up to 135.12 or better, covering on ¼ - ½ point dips. We think the Bonds are overbought at current levels and should be shorted on rallies above 135.12

Read more: Bonds Join the Ranks of the Overbought

 

Relief Rally Now Over

Written by Al Martin Sunday, 20 October 2013 21:25

 (10-20-13) We were trading the Dec. Long Bond contract from the long side, when our standing orders in early Thursday trade at 132.04, were hit. We were sellers on our standing orders at 134.04 in Friday’s trade. We think the Bonds have gone as much as they can go in this near-term relief rally. We would now be looking to sell the Bonds on any further move higher in Sunday night's trade.

Read more: Relief Rally Now Over

 

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