Today’s Call: USD to rise vs. Euro. Currently 0.6981.
Rationale – Emergency meeting called in Luxembourg to presumably bail out Greece once again. Expected intervention to prop up the dollar under guise of bailing out Greece.
Result of Call for May 3, 2011: Avon Products (AVP) to fall. Was $30.91, Currently $29.04. Good Call.
Calls to Date: Good Calls: 13, Bad Calls: 10, Batting .565
Today’s Call: USD Index to rise. Currently 73.96.
Rationale – Today’s oil sell off benefiting the other side of the trade upon settlement, the US dollar.
Result of Call for May 2, 2011: Gold price per ounce to fall. Was $1,546. Currently $1,485. Good Call
Calls to Date: Good Calls: 12, Bad Calls: 10, Batting .545
Today’s Call: S&P 500 Index to rise. Currently 1,346.
Rationale – Expected Friday influx of various retirement plan purchases to coincide with payday to offset sell off due to today’s US Jobs numbers.
Result of Call for April 29, 2011: British Pound to Rise vs. US Dollar. Was 1.67/1. Currently 1.65/1. Bad Call
Calls to Date: Good Calls: 11, Bad Calls: 10, Batting .524
Today’s Call: Avon Products (AVP) to fall. Currently $30.91.
Rationale – Avon printed a tremendous earnings number today, anticipated effect of stock selling off on good news.
Result of Call for April 28, 2011: May 11 Soybeans to rise. Was 1350-2, Currently 1359-2. Good Call
Calls to Date: Good Calls: 11, Bad Calls: 9, Batting .550
Today’s Call: Gold price per ounce to fall. Currently $1,546
Rationale – Dollar oversold and Gold overbought under current conditions. Gold to begin to enter seasonal correction.
Result of Call for April 27, 2011: USD Index to fall. Was 73.35, Currently 73.03. Good Call
Calls to Date: Good Calls: 10, Bad Calls: 9, Batting .526
Today’s Call: British Pound to Rise vs. US Dollar. Currently 1.67/1.00.
Rationale – Combination of Tourist demand for pounds and patriotic sentiment increasing demand for pounds during Royal Wedding weekend.
Result of Call for April 26, 2011: Japan Government Bond (JGB) 5 year yield to fall. Was 0.49%. Currently 0.48%. Good Call
Calls to Date: Good Calls: 9, Bad Calls: 9, Batting .500
Today’s Call: May 11 Soybeans to rise. Currently 1350-2.
Rationale – Result of continued storm activity in South and flooding in Mississippi valley to continue to drive speculation of lower crop yields in the US.
Result of Call for April 25, 2011: US Dollar Index to rise. Was 74.19, Currently 73.11. Bad Call
Calls to Date: Good Calls: 8, Bad Calls: 9, Batting .470
Today’s Call: USD Index to fall. Currently $73.35
Rationale – US Treasury Secretary Timothy Geithner gave a speech reiterating that the “Strong Dollar Policy” was still being pursued. Again, statements such as these should be traded against.
Result of Call for April 21, 2011: Oil PPB to rise. Was $111.78, Currently $113.36. Good Call
Calls to Date: Good Calls: 8, Bad Calls: 8, Batting .500
Today’s Call: Japan Government Bond (JGB) 5 year yield to fall. Currently 0.49%.
Rationale – Anticipation of combination of FED signaling continued easy money policies coupled with BOJ bond purchases in wake of disaster increasing price of JGB farther out on the yield curve.
Result of Call for April 20, 2011: Greek 5-YR Sovereign Credit Default Swap to rise. Was 1325.70. Currently 1474.70. Good Call
Calls to Date: Good Calls: 6, Bad Calls: 7, Batting .462
Today’s Call: US Dollar Index to Rise. Currently 74.19
Rationale – Dollar Oversold, Short Covering Rally, FED to work to control inflation.
Result of Call for April 19, 2011: Silver Price per Oz to fall. Was $44.07, Currently $47.00. Bad Call
Calls to Date: Good Calls: 5, Bad Calls: 7, Batting .417
Today’s Call: Oil PPB to rise. Currently $111.78
Rationale – News from Libya indicates protracted conflict with implications for crude oil supply chains, knockoff effects.
Result of Call for April 18, 2011: Gold to rise. Was $1,496, Currently $1,508.60. Good Call
Calls to Date: Good Calls: 5, Bad Calls: 6, Batting .4545
Today’s Call: Greek 5-YR Sovereign Credit Default Swap to rise. Currently 1325.70.
Rationale – Greek Government issues statement that debt is ‘absolutely sustainable.’ Announcements of this sort generally are at best wishful thinking and at worst blatant lies.
Result of Call for April 15, 2011: USD Index to Fall. Was 74.84. Currently 74.37. Good Call
Calls to Date: Good Calls: 4, Bad Calls: 6, Batting .400
Today’s Call: Silver Price per Oz to fall. Currently $44.07
Rationale – Anticipation of Profit taking or unforeseen event.
Result of Call for April 14, 2011: US Treasury 10 Yr Bond Yield to rise. Was 3.485%, Currently 3.356%. Bad Call
Calls to Date: Good Calls: 3, Bad Calls: 6, Batting .333
Today’s Call: Gold to rise. Currently 1,496
Rationale – Anticipation of Central Banks replacing US Treasury Holdings with Gold as a result of S&P downgrade of US Debt outlook to negative.
Result of Call for April 13, 2011: December 2011 Corn Contract price to rise. Was $6.45, Currently $6.68. Good Call
Calls to Date: Good Calls: 4, Bad Calls: 6, Batting .400
Today’s Call: USD Index to Fall. Currently 74.84
Rationale – Money paying taxes in US on the 18th will create excess dollars in circulation relative to other currencies in the USD Index.
Result of Call for April 12, 2011: Oil price per barrel to fall. Was $105.78. Currently $109.68. Bad Call
Calls to Date: Good Calls: 3, Bad Calls: 6, Batting .333
Today’s Call: US Treasury 10 Yr Bond Yield to rise. Currently 3.485%
Rationale – Money buying Gold must sell Longer Term Treasury Bonds to cover.
Result of Call for April 11, 2011: Gold price per oz to fall. Was $1,464. Currently $1,476. Bad Call
Calls to Date: Good Calls: 3, Bad Calls: 5, Batting .375
Today’s Call: December 2011 Corn Contract price to rise. Currently $6.45
Result of Call for April 8, 2011: US Treasury 10 Yr Bond Yield to rise. Was 3.57%. Currently 3.47%. Bad Call
Calls to Date: Good Calls: 3, Bad Calls: 4, Batting .429
You must be logged in to post a comment.