Tag Archives: oil

22 February 2012 (pre-open)

Nymex WTI Crude – $106.25/barrel. ICE WTI Crude – $106.10/barrel. ICE Brent Crude – $121.44/barrel. Time for ‘Ye ole arbitrage game. Fill up your tanks, people. Local pump prices will follow and go up. You’ll save a bit by refilling … Continue reading

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26 October 2011 – Not Over Yet

October 25. PSEi 4,242.52. +41.44 points. +0.98%. Why do people even buy? The political trend coming out of Europe is that of half-measures, bickering and kicking the can down the road. Now, granted world stocks have been very strong the … Continue reading

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11 October 2011 – Overnight Rally

Dow Jones gained 330.06 points, up nearly 3% from its previous close. The main source of optimism was the statement by German Chancellor Angela Merkel and French President Nicolas Sarkozy, they would agree on a solution to the Eurozone debt … Continue reading

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23 September 2011 – Everything down except USD

The financial world just went long US Dollar, short everything else. European stocks were hammered¬†across the board. BE 500 -4.64%, STOXX -4.9%, FTSE 100 -4.67%, CAC40 -5.25%, DAX -4.96%. The wave of negative sentiment washed out stock markets in the … Continue reading

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6 September 2011 (pre-open)

http://ca.reuters.com/article/businessNews/idCATRE77L0AE20110905 http://www.bloomberg.com/news/2011-09-05/gold-rises-above-1-900-an-ounce-as-growth-debt-concerns-enhance-demand.html http://english.alarabiya.net/articles/2011/09/05/165553.html Will we see a continuation of the long Gold (mining), short everything (blue chips) trade opportunity? Will the local currency rise and local treasury yields fall?¬†While everyone was asleep, European stocks went down 4 to 5%, Gold … Continue reading

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5 August 2011 (pre-open)

http://finance.yahoo.com/blogs/breakout/fear-street-inside-stock-sell-off-204130841.html The world just sold everything (stocks, oil, commodities) and bought US treasuries. One way to play today’s move is to delay refilling one’s gas and diesel tanks. Delay as much as practically possible and refill 1/2 rather than your … Continue reading

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