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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 'us dollar sentiment'
Boy, Is CNBC Yucking It Up Today!
I'm working from the road today, so I've got the nice benefit of having CNBC on here - man, are they yucking it up today!With the Dow hitting a new 2009 high, I haven't heard anyone expressing any skepticism - "all the stars are aligned for higher st...
New Reports of the Dollar's Demise: Greatly Exaggerated?
From London's The Independent comes the latest report of the dollar's impending implosion - in an article fittingly titled The Demise of the Dollar.In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along...
Using the Wall Street Journal to Gauge Investor Sentiment
I thought it’d be fun to peruse the Wall Street Journal to see if we could glean some insights into current investor sentiment. Mainstream business publications are famous for (unintentionally) signaling tops and bottoms in markets – but is this...
Jeff Clark Agrees: It's Time to Buy the Buck
Last Sunday I wrote that I thought it was time to go long the US dollar. Investor sentiment is near record low levels, which usually means the price has nowhere to go but up, at least in the short term.When making a contrarian pick like this, you us...
It's Time to Go Long the Buck
Three weeks ago, we discussed the possibility the the dollar was bottoming and poised for a major rally.My reasoning was that:Sentiment was overwhelmingly negative on the buck. I noticed that even traditional contrarian investment sources appeared t...
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 ...
Why the Dollar Probably Bottomed Last Week
It's pretty tough to find investors who are bullish on the US dollar these days. Judging from our dollar sentiment survey results last week, it seems like most dollar bulls probably read this blog!When I consider:Not a day goes by without an investm...
Can The Last Dollar Bull Please Turn Out The Lights?
Over the past week, we've been investigating dollar sentiment, which appears to be overwhelmingly bearish at the moment. I was surprised when our dollar sentiment survey revealed that only 56% of readers were bearish on the dollar. After seeing bea...
Dollar Sentiment; Contrary Thinking as an Art; MarketFolly; and More!
How Low is Dollar Sentiment?Not as low as I expected, according to an ad hoc reader survey we conducted this week.Earlier in the week, I read that the percentage of dollar bulls was reported to be under 10%, indicating that the dollar may be setup fo...
All Green Across the Screen Today...The Rally Lives On
The screens were flashing all green today, as our noted "all or nothing" trade resulted in everything moving up today!Except for? The dollar, of course!This screen shot from Barchart.com reflect a bull market in, well, everything!Of note, Treasuries...
Dollar, Yen, Australian Dollar Rally Today - Where to Next?
It's another "all or nothing" day in the markets - with equities down, the US Dollar and Japanese Yen are, of course, up. This time joined by - surprise - our old friend, the Australian dollar (ugh - got chased out of that position too early :( )Loo...
Are you bullish or bearish on the US dollar?
We're going to have a little fun and conduct a short experiment - let us know, are you bullish or bearish on the US dollar? Click here to take our pollI'd like to see if we can gauge popular sentiment, to see if this provides us with an indicator of...
