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
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With the autumn comes the brisk northern air that reminds us of the fragility of life and the strict laws of nature; lessons which most years occupy a few thousand microns of brain tissue as such trivial metaphysical notions pass under the radar of consciousness. Yet it seems that we humans subscribe to a separate reality
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Amidst all the hypotheses and strategies of guys like myself "probing for profits", the most recent security to have stolen the limelight must be currencies. It's no secret that the U.S. Dollar has been falling against nearly every major currency throughout the world over the past six months, however it's soon to become a bigger issue,
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The five day trading week spanning November 16-20, 2009 will leave few stones unturned as the current economic strength is weighed and measured via the Retail Sales, Industrial Production, New Housing Starts, and Leading Indicator reports.  Retail Sales The September report showed negative growth in total sales on the back of a massive pullback from the
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Summing up the pieces that have lead us to the strange "here and now" in global financial markets may produce a different result for each market practitioner, yet there are truths agreed upon by most worth mentioning. The purpose of this article is to identify some truths and un-truths, which will provide a fresh slice
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Bill Gross of PIMCO began his June outlook statement with the fitting quote from Abraham Lincoln stating, "You can fool some of the people all of the time, and all of the people some of the time, but you cannot fool all of the people all of the time". Perhaps there are a few more fools than
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The May Consumer Confidence report released Tuesday morning created powerful support to consumer discretionary stocks and lifted the share values of U.S. companies across the board, allowing the Dow Jones Industrial Average (DJIA) to close higher by nearly 200 points (almost 2.5%). The Consumer Confidence Index increased from 43.0 to 54.9, marking the first time
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Tuesday morning market moves were difficult to swallow for objective traders who witnessed poor indications from the Goldman ISCG store sales and housing starts data. The Goldman report indicated sales during the May 16 ended week were down 1.2% from the prior week and -0.3% off comparable sales last year. Similarly dire were April's annualized
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U.S. equities felt strong selling pressure in pre-market trading Friday due to expected yet unfortunate economic data. Markets were unable to build optimism throughout the day Friday as the overbought tech rally ran out of gas and all indexes ended the day down; DJIA -1.87%, S&P 500 -2.03%, NASDAQ -2.63%. Consumer spending for February came
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