Technically Speaking: Markets you should be watching RIGHT NOW!

October 2012 / March 2013 SUGAR spread  By: Brian Cullen

I look to get back involved in a spread that we were involved with back in June with a positive outcome. The formation once again looks like a great spot to re-establish the trade.

The fundamentals remain mixed as supplies and production appear to be on pace for the year, which has lead to the 400 point sell-off since the end of July. However, open interest continues rise and has reached the highest levels since our involvement in late June. This perhaps is suggesting we have quite a bit of short positions that have been added as we reach oversold territory. Should these traders begin to head to the sidelines, this should provide the support needed in this October contract for this spread to narrow before October comes off the board. Continue reading "Technically Speaking: Markets you should be watching RIGHT NOW!"

Seller's Remorse: The Curse of The Cash Sale

By: Brian Cullen

Let’s talk about a phrase we like to call Seller’s Remorse. You may be asking, “What is it and how does it happen?” We will answer that question in greater depth later on, but it is more important to know how it can be avoided! Seller’s Remorse is the feeling you get after making a decision on a cash sale that you’d like to have taken back.

When only selling cash grain two scenarios exist; you are either selling TOO early or holding TOO long. Let’s look at these 2 scenarios when dealing with ONLY CASH SALES. Continue reading "Seller's Remorse: The Curse of The Cash Sale"

Technically Speaking: Markets You Should Be Watching Right Now

By Brian Cullen

October 2012 / April 2013 LIVE CATTLE spread:

I would like to get short the live cattle market.

With the country immersed in drought conditions, the cattle markets are set in a channel/downtrend that I believe will continue into the fall season. We have already seen it play out in the grain markets with no major relief in the near future. Continue reading "Technically Speaking: Markets You Should Be Watching Right Now"