Commentary

  • The Misguided Criticism Of Sherman's Trash TalkThe Misguided Criticism Of Sherman's Trash Talk

    January 23 2014 5:25 PM

    The Seahawks cornerback has been treated unfairly for expressing his opinions.

  • UK Fraud Prosecutor Charges Two Brokers in Libor Probe [VIDEO]UK Fraud Prosecutor Charges Two Brokers in Libor Probe [VIDEO]

    July 15 2013 4:43 PM

  • How The Fed Steals America's Savings [VIDEO]How The Fed Steals America's Savings [VIDEO]

    July 09 2013 10:26 AM

    Economy

  • 'Greekovery' In The Works? [VIDEO]'Greekovery' In The Works? [VIDEO]

    July 08 2013 5:10 PM

    As protests over austerity and economic challenges continue in Greece, there are indications developing that a "Greekovery" might be emerging.

  • Why The Rich Stash Money OffshoreWhy The Rich Stash Money Offshore

    June 27 2013 9:29 AM

    Finance

  • Spelling Bee Blues: Indians’ Domination Only Reasserts Negative StereotypesSpelling Bee Blues: Indians’ Domination Only Reasserts Negative Stereotypes

    June 01 2013 10:50 AM

    Indians excel at spelling bees -- they won 11 of the past 15 national competitions run by Scripps.

  •  Nat Gas fails to settle above resistance Nat Gas fails to settle above resistance

    March 13 2013 8:33 AM

    Nat Gas futures failed to take the next step up the ladder on Tuesday as the industry awaits the main data point of the week...Thursday's EIA inventory report. This week's report will be bullish in that it will show a larger net withdrawal than both last year and the five year average for the same week. The futures market drifted lower but still remains well above the $3.50/mmbtu technical support level for the sixth day in a row or the longest streak since back in December of 2012.

  • The Corn & Ethanol ReportThe Corn & Ethanol Report

    January 24 2013 9:46 AM

    Early in the open outcry session the market seemed to be in a congested mode until independent weather forecasters there is enough rain as the planting season begins. This help the profit takers to write sell orders and the trade went lower on light volume. In the overnight electronic session the March Corn is currently trading at 716 which is 4 ¾ cents lower. The trading range has been 721 to 715 ¼ so far. I still believe this is still creating a golden buying opportunity. Depending how you read the tea leaves both fundamentally and technically is showing me this market is poised to trade higher.

  • Alpari Grain Outlook 11/20Alpari Grain Outlook 11/20

    November 20 2012 4:40 PM

    First things first, markets are closed Thursday day session and night for our Thanksgiving holiday and Fridays grains open at 9:30 central time and close at noon central time. It's a difficult week as we have a short holiday schedule as month-end winds down creating a lot of daily volatility. Monday’s first report was on the demand side with our weekly export inspections report. Wheat inspected for near-term shipment was 11.1 million bushels versus 10 the week prior, 13.7 a year ago and four week average of 12.5. Very weak demand signal as 25 m.b. or more is needed to push prices higher from a demand perspective. Corn inspections were 14.3 m.b. versus 9 the week prior, 37.8 year ago and four week average of 12. Slight improvement on the four-week average, but 30+ is needed to be price bullish. Bean inspections came in at 61.9m.b. versus 64.6 the week prior, 40 a year ago and four week average of 61.7. Exports remained good but leveling off even though we have dropped 1.70 the last two weeks. They should be better.

  • The Nemenoff Report Bonds Lower, S&P's higher, Silver Lower

    November 20 2012 10:59 AM

    Dec. Bonds are curently 6 lower at 151’08 and the 10 Yr. Note 3.5 lower at 133’25.5. This mornings Housing Starts report showed an increase of 3.6% t0 894,000 vs. an average analysts expectation of -4.5% putting the rate of starts to its highest level since July of 2008. Buliding permits have tempered the bullishness of the “starts” number being down 2.7%. We continue to be sellers for short term trades in the 152’04 area with a protective buy stop at 152’22. The recent high has been 152’21, better lucky than smart. If you are holding a short position from the 152’04 level, either take profits or lower your buy stop to 151’21. Support remains at 150’04.

  • The Energy Report - Ring Hopes and Rising Oil

    November 20 2012 10:39 AM

    Cease Fire Hope rise along with the oil market. While Secretary of State Hillary Clinton makes her way to the Middle East to broker what more than likely will be a cease-fire between Israel and Hamas. With an Israeli ground offensive most likely averted the focus will go back to the global economic outlook and something as mundane as weather.

  • The Nemenoff Report Bonds Lower, S&P's higher, Silver Lower

    November 16 2012 4:07 PM

    Dec. Bonds are currently 3 lower at 151’31 and the 10 Yr. Notes unchanged at 134’01. I’m still willing to trade this market from the short side on rallies above the 152’04 level and recommend using a protective buy stop at 152’22 for protection which will be a new recent high. Support remains at 150’04.

  • The Energy Report - Carbon Pro Quo?

    November 16 2012 8:12 AM

    After the Obama admistration backed denied that they were going to try to institute a Carbon tax contradicting Senate Majority Leader Harry Reid, is it possible that a back room deal between the energy industry and the administration could open the door for a new tax coming to a gas station near you? Is it possible that the Obama admistration is making the energy industry a deal that they just can’t refuse? In other words if the industry backs off its opposition to a carbon tax the Administration might get off their backs? If they continue to oppose it l the administration might make their lives a living shall we say night mare? Does the energy industry believe that they can make up for the tax by being able to produce more oil and gas and will Republicans join in if the administration but more federal lands in play? Well that is my take on a Bloomberg article and my understanding of Politics done the Chicago way.

  • Brent Crude Oil: Pivot Point Signal 16.11.2012

    November 16 2012 3:14 AM

    Sell at 107,79 Stop Loss at 108,29 Take Profit at 107,29

  • The Energy Report - Gaza Grip

    November 15 2012 12:30 PM

    Oil prices that have been wafting in a sea of economic uncertainty rocketed on reports of an Israeli rocket attack that killed a top Hamas military leader. Fears that this could “open up the gates of hell” as Hamas has promised, sent traders looking for some upside protection. Israel says that the attack was in response to the fact that Palestinian militants have been using this area in the Gaza Strip as a base to fire rockets which they have been doing in recent days. Oil traders feared that the conflict could draw in others, such as Egypt, and could put at risk ship traffic along the Suez canal. The UN Security Council held an emergency meeting at the request of Egypt and Morocco but it was unclear whether it will calm down the situation.

  • The Energy Report - It’s the End of QE as We Know It!

    November 14 2012 11:05 AM

    That's great, it starts with a head-fake, market shakes, and dive planes – Ben Bernanke is now afraid. Eye of a hurricane, suddenly rates turn- banks serves its own needs, regardless of the world needs. Tighten up a notch speed, lend no, strength no. Fiscal matter clatter with fear of height, debt plight, gas on a fire, represent the seven games in a government for hire and a wealth tax hike left wing, wasn't cutting in a hurry with the Chinese breathing down your neck team by team reporters baffled, trump, tethered drop. Look at that cash drain! Fine then, uh oh, oversold, capitulation, common stock, but it'll do. Save yourself, serve yourself. Fed said it’s a misread, listen to market bleed. Tell me with the rapture and the reverent in the right - right. You vitriolic, patriotic, slam, fight, bright light, feeling pretty psyched. It's the end of the QE as we know it. It's the end of QE as we know it. It's the end of the world as we know it and I feel fine.

  • The Nemenoff Report Bonds Lower, S&P's higher, Silver Higher

    November 14 2012 10:26 AM

    Dec. Bonds are currently 20 lower at 151’15 and the 10 Yr. Notes 8 lower at 133’25.5. Yesterday the Bonds traded as high as 152’15 slightly above resistance of 152’04 an area stated in my last “Report” (dated 11/12/2012) where I am willing to initiate a trade from the short side of the market. If you went short, either take the short term profit or use a protective buy stop just below your entry level. If the market should trade below the 151’00 level lower your protective buy stop to the 151’22 level. Support remains in the 150’04 area. I still have a long term negative bias, that being said, I am still looking for short term trades, cognitive at the moment of Fed policy and the coming “Fiscal Cliff”. If you are looking for a long term trade consider out of the money putsa for either Jan. or Mar. expiration.

  • Alpari Grain Report 11/13

    November 13 2012 6:29 PM

    Fridays crop report by the USDA had no bullish surprises but came in slightly over pre-report trade estimates. Soybean production was estimated at 2.971 billion bushels up 111 million bushels from the month prior and 78 m.b. over the average pre-report estimate and over the highest estimate of 2.959. Ending stocks were 140 m.b. up 10 m.b. from last month and 7 m.b. over the average estimate. Clearly demand more than offset the production increases, but November bean export look to slow measurably now and that could lead to a bigger increase in ending stocks for the December report.

  • The Nemenoff Report Bonds Lower, S&P's higher, Silver Lower

    November 12 2012 9:36 AM

    Dec. Bonds are currently 1 lower at 151’19 and the 10 Yr. Notes 2.5 lower at 133’26.5. Expect a slow day in the Bonds as the cash market is closed in observance of Veteran’s Day holiday. For the moment support is the 150’04 level and resistance 152’04. I am currently on the sidelines with a somewhat negative bias.

  • The Energy Report

    November 12 2012 9:31 AM

    While the oil market is falling on fears of slowing growth and the possibility of going of the fiscal cliff in a barrel, long term the outlook for the US energy Industry is looking better all the time. Not only did the Obama administration has no intention of proposing carbon tax on emissions, Bloomberg citing the Hill reports, citing unidentified White House official it seems that because of the miracle of fraccing or fracking if you prefer, the United States of America is on track to be the world’s largest oil producer.