Below you will find pages that utilize the taxonomy term “Futures”
These videos are invaluable. You should watch all four of the videos and then watch them again.
Video #1 Video #2 Video #3 Video #4
The Oil markets are a really dumpster fire these days. With the Russian and Saudi oil wars going on the result has been a flood of oil in the markets. Prices collapsed for the May 2020 contract to -$37.63 a barrel. That’s nuts.
I’m starting to see prices being pushed down at gas stations too. Since Covid19 put a damper of travel, I think well see sub $10 a barrel oil coming.
Well would you? Or would you wait till $1021ish? What's everyone's long term outlook on Gold?
Yeah, the Gold upward trend got busted in my system around December 8, 2009. My stop would've been hit at $1150.53 and since I own some physical gold too, I started debating my exit strategy from that. I'll go long in Gold again when it hits another all time high but for now I'll just sit on my hands.
This is good news, my Timing Model volatility indicator is actually dropping. It peaked at 2.9 on 3/17 and has steadily dropped to 1.79 as of yesterday's close. This confirms my cautious belief that the market has bottomed but we're not out of the woods yet. Everything hinges on what Gold prices do in the next few weeks.
Right now the market is driven by what the Fed is doing and will do.
I know this is so last week but you have to admire how quickly Gold broke down. The chart reveals that it broke through its 50 DMA within in two trading sessions and could even head lower from here. A lot of people think the top in Gold has happened and I probably agree with them for now.
The subprime mess isn't over yet, I'm waiting for the other "
This week I featured the neural net models of Boeing Company (BA) and the S&P500 Index and indicated if each model had issued a BUY or SELL signal recently.
For my BA post, my neural net model issued a SELL signal on 2/26/08 (for 2/27 open) to establish a short position. It then issued a BUY signal to close the short position on 3/5/08 (for 3/6 open). This was another successful trade using the Stock Neuromaster system and it would've netted you a gross profit of +4.