What It Is: A trailing stop is a special type of trade order where the stop-loss price is not set at a single, absolute dollar amount, but instead is set at a certain percentage or a certain dollar amount below the market price. When the price goes up, it drags the trailing stop along with it, but...
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I mentioned a couple of weeks ago about some odd happenings in the T-Bill market. Between June 1 and 14, yields on the four-week Treasury fell off a cliff. Diving from 0.15% to as low as 0.02%. An 87% decrease in a very short period of time. Other short-term securities also saw yields plunge. The 13-week...
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We’re living in an age of commodities volatility. The last ten years have seen a number of big price swings for many natural resources. Uranium ran from $10 to $140, and then back to $40. Oil hit $145 then plummeted back to $35. Copper went from $4 to $1.25 and then back to $3.50 (and...
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Very suitable fireworks in the markets as we celebrate our Independence. Be safe we will be back Tuesday…enjoy your long weekend. We feel oil could have another 3-4% downside at the most before we get a bounce higher. As we voiced in recent posts we expect the $70 level to act as solid support...
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Jobs data soothes risk strains sending dollar lower
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A trailing stop order is a a kind of order that helps you limit the potential for loss due to drastic stock price fluctuations. This also helps investors get away from random emotion-based strategies. Research has shown that more disciplined trading is much less fraught with severe losses. One reason why using trailing stop...
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What excuse will be given for a disappointing number tomorrow? Heading into a long weekend tomorrow’s jobs number will likely have a greater impact than normal.  Crude oil has fulfilled our short term targets having dropped 8% in the last four sessions. We are not advocating longs yet but would suggest those short to trail stops...
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Manufacturing slowdown hits home
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Rising loan costs in Euroland creates euro surging
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I am torn on oil therefore have no positions on for clients. In the August contract we violated the trend line that has held since mid-May but quickly rallied back to close slightly lower in today’s session. We’ve seen a 50% Fibonacci retracement at today’s lows but have a sneaking suspicion we could see...
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