Posts Tagged ‘Oil prices’

Bulls Buy Dip, Push Forward

12:35pm (EST) The market got off to a rough start this morning as futures were pointing towards a weak open following the latest G-20 meeting over the weekend.  A decision from the group to delay key European aid decisions, as well as concern over rising oil prices, pushed the majorRead more

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Volatility Picks Up After Bulls Push Higher

12:20pm (EST) The market started off in positive territory but has given up most of its gains as we heads towards the second half of trading.  There is a lot going on that is causing a little volatility but for the most part, the market is holding up well. OilRead more

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Market Continues Slow Ride Lower

The market endured its fifth straight losing session on Tuesday after a couple of gloomy economic reports set the tone for the day. The Dow managed to get off to a good start and traded to a high of 8,600 before falling 100 points, to close at 8,419. So muchRead more

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Oil Spikes, Gold Follows

Barrick Gold (ABX, $36.39, up $2.68). The January 35 calls (ABXAG, $5.00, up $1.40) were at $3.10 on Friday. Goldcorp (GG, $34.98, up $2.55). The January 32.50 calls (GGAZ, $6.00, up $1.50) were going for $3.30. Gold Fields (GFI, $9.05, up $0.39). The January 10 calls (GFIAB, $1.10, up $0.25)Read more

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CFTC Disclosure:

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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.