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Riding the Commodity Bull Market
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I am tracking and blogging about my commodities trading account. I began the account with $2K, and my goal is to turn that into $1,000,000. I track every trade in the blog, share reasoning behind each trade and position, and update the positions weekly.
Recent Posts Tagged With 'robert prechter'
Still All The Same Markets - A Picture Worth a Thousand Charts
This shot says it all - the "all the same markets" hypothesis is still in play.Why bother with diversification when all the markets move in tandem?(Source: Barchart.com)Hat tip to Robert Prechter, who I believe was the first to point out the increasi...
A Look Into Record High Trading Volume...And What It Says About Investor Confidence
The following article was adapted from the November 2009 Elliott Wave Financial Forecast and reprinted with permission here. Steve Hochberg and Pete Kendall produce stellar analysis for Elliott Wave International - two of my favorite guys in the biz...
Do Earnings REALLY Drive Stock Prices? The Answer May Surprise You
Growing earnings lead to increasing stock prices. Of course.Or do they?The folks over at Elliott Wave International say this is an old wives tale - and I have to admit, they make a compelling, interesting case.Read on, for an eye opening challenge o...
Robert Prechter Shares Why Fundamental Analysis is for Losers
OK, maybe a bit of a sensationalist headline, I'll admit :)I used to be a fundamental only kind of guy, leaving the technicals and chart reading to the spooks and mystics...only to become a wannabe chart reader myself :)In truth, I see great value in...
Scary Chart of US Consumer Credit...Yikes!
To say that consumer credit is contracting in the United States may be a bit of an understatement!Can you spot the trend in consumer credit?Contracting credit is the crux of Robert Prechter's deflationary thesis - something we've been discussing at l...
Breakdown of the Fed's Balance Sheet...Wow, it's Not Pretty!
Let's join monetary expert Terry Coxon for a (comically?) detailed look at the Fed's current balance sheet. I'll give you a hint: yikes!I'd rank Coxon as one of the foremost experts on monetary policy and its effects on the economy. You may recall ...
Robert Prechter's Trading Tips - Guru Reveals His Secrets
Trading is tough - really tough. When you're making money, it feels like the easiest thing in the world. It's a great feeling - almost intoxicating, really. Like you're printing money from nothing!Then, inevitably, you get cocky. And you lever up...
So Long, Cotton...I'm Just Too Wary of Deflation
I have to admit - I think the Great Deleveraging permanently seared my psyche. I haven't been the same since.It's for the best. Until you live, and invest, through an event like that, I don't think you can appreciate the awesomeness of the destruct...
Holding Gold and Cash, Nonconfirming Indicators, and Cheap(er) Toilet Paper
On Tuesday evening, we had our monthly meeting of local Casey Research subscribers. Really sharp investment minds in the group - it's a real pleasure and treat to chat about a wide variety of finance and investing related issues.The general consensu...
Robert Prechter and Jim Puplava: A Great Inflation / Deflation Debate (Free Audio)
I hope you had a good, long holiday weekend. I sure did...I mentioned at the end of the week that I'd be blogging when I wasn't drinking beer. As you can probably infer from my lack of posts, I managed to put back a few with some good friends!Back ...
Bob Prechter's Newsletter, Free - The Depression is Young
The newsletter that I most look forward to these days is Bob Prechter's...his views are unique, insightful, and I'm really starting to believe he's one of the only guys with a clue right now!It's important to mention that while Prechter is extremely ...
Why Commodity/Shipping Weakness Could Predict Next Leg Down in Stocks
Interesting times in the markets. US equities have now completed a standard fare "Fibonacci retracement" off of the March 6 lows. Now, where to from here?Bulls and bears alike conceded that a strong rally was quite probable. Now that it's happened...
Robert Prechter: Dollar's Hit a "Major Bottom"; Get Ready for a Deflationary Depression
Here are a couple of very insightful video interviews with Robert Prechter of Elliott Wave International:Part I - Prechter believes the dollar has bottomed, because of the formation in the Elliott Wave pattern, and also the extreme bearish sentiment ...
Weak Treasury Sales...Bond Vigilantes Rolling Into Town?
Anyone want to puchase debt at an artificially low interest rate from a party that's highly unlikely to be able to pay you back? Anyone?Surprisingly...you're not alone! The Treasury auctioned off another $39 billion last Wednesday (it's crazy that ...
Looks Like Another Wave of DE-flation...Here's What To Do
Uh oh, looks like a nasty wave of deflation may be coming back to the markets in a big way! Last time we saw this movie, just about everything except for the US dollar was completely ravaged.I sold my two remaining futures positions this morning, an...
Is Deflation “So 2008”? Hyperinflation Trade Looking Crowded
As the Federal Reserve continues to print money, the “hyperinflation trade” seems to be a crowded one.The premise seems sound and reasonable – whenever a government prints money and devalues its own currency, rising prices follow. A deflationa...
How Does Gold Perform in Recessions and Depressions?
I started tracking Robert Prechter of Elliott Wave recently because, to my knowledge, he's one of the only guys who correctly anticipated the Great Crash of '08. Now, he had been waiting for this crash since he wrote Conquer the Crash in 2002, but b...
