Five Hundred Words 11/30/2018

Friday, November 30, 2018 Daily Writing 10:14 AM Today is the final trading day of November.  Yesterday we exited our short US 10-year Treasury position as it is becoming clear that yields are struggling to keep their head over the 3.00% support level.  Although the historical volatility of the PST exchange-traded instrument was within a… Continue reading Five Hundred Words 11/30/2018

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Five Hundred Words 11/27/2018

Tuesday, November 27, 2018 Daily Writing 8:58 AM Gold remains rangebound hovering around the $1200 spot price.  The price of gold has not moved outside of $1200 to $1235 per ounce since the middle of August. Oil has started to hold ground at $51.00/barrel.  We found an informative clip assessing the current oil pricing situation.… Continue reading Five Hundred Words 11/27/2018

Five Hundred Words 11/13/2018

Tuesday, November 13, 2018 Daily Writing 9:44 AM The yield on the 10-year Japanese government bond currently sits at 0.10%.  Who buys Japanese bonds?  How is it possible for yields to move lower or even be negative? Oil is down more than 7.00% today.  What is the cause of this? 4:59 PM There isn’t really… Continue reading Five Hundred Words 11/13/2018

Five Hundred Words 11/09/2018

Friday, November 9, 2018 Daily Writing 1:05 PM Markets are down today overall.  The question is whether the past week was a false breakout to the upside or if will see continued momentum higher toward the end of the year.  The price of crude oil continues to drop as we are now retesting February lows. … Continue reading Five Hundred Words 11/09/2018

Five Hundred Words 11/07/2018

Wednesday, November 7, 2018 Daily Writing 9:21 AM Crude oil has undergone steep declines over the past few weeks.  What is the reasoning behind this?  The U.S. Dollar index has started to show weakness over the past several weeks as well.  According to experts, the weakness in the U.S. dollar index was expected after mid-term… Continue reading Five Hundred Words 11/07/2018