May 6th, 2010 |
By Rob
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.
Posted in Commodities, DS Feature, Europe, Market Synopsis, Trade Strategy, U.S. |
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Tags: 89%, Austerity Measures, Bill Gross Greece, Bond King, BP Gulf Spill, BP Spill, China cooling, China QE, China real estate bubble Greece, crude oil, Crude Oil Inventory, Cushing, DTO, Euro, Euro Bailout, Euro default contagion, Euro default risk, Euro soverign debt, Euro Weakness, European default risk, European sovereign debt, European Soverign debt default risk, Eurozone, Gasoline Demand, german bunds, Greece, Greece Contagion, greece germany debt spread, greece germany spread chart, Greek Austerity, greek bond bund spread, greek bond german bund spread chart, Greek Budget Cuts, greek bund spread, Greek Contagion, Greek Cuts, Greek Debt, greek debt to bunds, Greek default, Greek default contagion, Greek Protests, Greek Riots, Mohamad El-Erian, NYMEX Crude, Oil Tanker, OK, OPEC, OPEC Quota, OPEC Quota Cheating, PIMCO, Powershares DB Double Short Crude Oil ETN, Protesters killed Greece, Refiner Capacity, Refinery Capacity, Total Return Bond Fund, WTI spot
Mar 26th, 2010 |
By Rob
The “bond king” of PIMCO, Bill Gross, tells Bloomberg and the world his strategy on the issue of Greek debt… “Stay away!” In the interview, Gross explains recent moves of the Absolute Return PIMCO fund, including record low holdings of Long Term U.S. debt and increased holdings of “core” European bonds, most notably Germany. Having
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Posted in DS Video |
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