Commodities

DS Trading: Position Update (DTO, SDS, VXX)

Jun 29th, 2010 | By Rob

Positions currently held at DS Financial are SDS, DTO, and VXX. Refer to our DS Trading Ledger, a new page where you can track the results of calls we’ve made, to see the entry points on these three positions. As of Monday’s close our positions are as follows:



Trade Flash: Long VIX, Short S&P 500, Short Crude Oil

Jun 1st, 2010 | By Rob
Trade Flash: Long VIX, Short S&P 500, Short Crude Oil

There are several positions we had been waiting for and on Friday the limits were hit and trades were placed. We are exceedingly confident about these three trades, and we feel that it’s worth our readers’ time to take a peak at where we’re putting our cash. This “trade flash” will target those three trades.



Is Greek Contagion Crushing Crude Oil?

May 6th, 2010 | By Rob
Is Greek Contagion Crushing Crude Oil?

Crude Oil has reluctantly played follow the leader with U.S. equities for much of the past 12 months. More recently, fundamentals took a back seat to short term speculation as risk takers drove the price of hot button commodities up with stocks. Crude has been in a holding range between $80 and $87/barrel for all of March and April, but in the past two trading sessions NYMEX WTI crude plunged directly from the top to the bottom of that range.



Crude Oil: The Path to $70

Jan 20th, 2010 | By Rob
Crude Oil: The Path to $70

Supporting our highest conviction trade yet, we now see fundamentals, sentiment, and technicals aligned for a significant correction in Crude Oil prices. While DS partners already hold a position in DTO, we are moving to formally call a short term WTI Crude Continuous Spot price target at $70. Below we explain in detail our thesis
[continue reading...]



Trading Notes: Crude Oil, Consumer, Financials

Jan 15th, 2010 | By Rob

Crude Oil The oil issue has been speculative to this point. It's hard to argue against 90 dollar oil when we saw 145 in July 2008, but the fundamentals aren't congruent with the price growth we've seen and this trader finds it easier to argue FOR $60/ barrel oil. Crude supply in the U.S. remains
[continue reading...]



Alcoa Miss Spells Trouble for Q4 Earnings

Jan 12th, 2010 | By Rob

Earnings season officially began, as the firstĀ memberĀ of the S&P 500 and Dow Jones Industrial Average to grab Q4 2009 earnings headlines, Alcoa (AA), reported a net profit of $0.01 EPS on Monday, January 11. The shortfall to the $0.06 EPS market consensus was explained by CEO Klaus Kleinfield by the unexpected weakness in the dollar,
[continue reading...]