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Book Reviews
Bennett A. McDowell asserts that most indicators are derived from either price or volume. They are like diluted second-generation copies of the real thing, and as such, they can lose effectiveness,...
The title of this superb book is a bit deceptive. It suggests a target audience of aspiring traders seeking quick riches. In fact, “Trade Your Way to Financial Freedom” is a sober and sophisticated...
Market Analysis
From March to mid-June, 10-year note futures have plummeted from 120-01 to 111-09. “They have effectively been trading two-year and 10-year notes for mortgage backed securities,” says Addison Wiggin,...
Forget ethanol, corn is once again a weather play, trading above $7.30 per bushel from $5 in late March. As of June 1, 4 million acres had yet to be planted due to excessive rain. Now the resulting...
Huge liquidity and an easy monetary policy have resulted in more investors looking at commodities as an asset class. “With that, the crude market, as the bellwether of the energy complex has led...
Managed Money
“We are starting to see programs coming in that are commodity focused. More and more you are getting demand for commodity related products and it is being driven by customers,” says Sol Waksman,...
The U.S. Treasury Department makes money the old fashioned way - they print it. The Treasury markets are a direct reflection of the economic analysis of the U.S. but as markets tend to overreact to...
Options Strategy
On March 14, options on Bear Stearns (BSC) were buzzing with activity. The stock was trading near $30 and traders watched in bewilderment as puts with strikes of $10, $7.50, and even $5 saw a sharp...
New For Traders
CME Group began listing weather contracts on seven additional cities: Oslo, Norway, Little Rock, Ark., Los Angeles, Calif., Colorado Springs, Colo., Jacksonville, Fla., Raleigh, N.C. and Washington...
People
Benjamin J. Chrnelich was named senior vice president and chief administrative officer of NYSE Euronext Advanced Trading Solutions. Previously he was chief administrative officer for a division of...
News
Former members of the Chicago Board of Trade (CBOT) and the Chicago Board Options Exchange (CBOE) will have to find something new to feud over. In early June, they reached an agreement in principle...
Newsletters
Profiles in Forex
Osman Ghandour has spent a lifetime trading forex markets. He has worked as a portfolio strategist, bank proprietary trader, hedger for a sovereign government, educator and commodity trading advisor...
Ever since currencies floated more than 35 years ago, their action mirrored that of a pendulum, swaying from one extreme to the other. To be sure, there were minor counter swings along the way. Just...