HEDLines – Archive

We recommended buying grain markets in early June and again a few days later in the month, choosing soy and corn futures although we also saw the same ‘buy’ signals in wheat. There was soon quite a brisk rally, probably…

There has been a well-publicised drop in gold prices over the last day or so. This has not been a singular event but instead the latest (and biggest) in a series of downward moves that started in mid-May. Gold futures…

In yesterday’s violent drop and rebound throughout Asian stock exchanges, bottom extensions appeared. The bounce has already been significant but the inference is clear – the drop is ending and we may now buy these markets. Our attempts at long…

Copper futures made a daily-scale bottom extension yesterday. We had been long of this instrument until the position timed-out on the 2nd July, just before the recent drop, and we would now buy again. We are short of two other…

The excitement of the pointless Greek referendum has come and gone, bringing some weakness to equity markets but more to commodities. That vote marked a new low in the posturing that has been a feature on both sides of these…

In yesterday’s session, soya beans and soya meal both made top extensions. We have been bullish about the grains in general and have already advised long positions in corn and soya beans, half of which remain after the usual part…

Several energy futures contracts have compressed in the last few days and a downward move may already have begun. This needs to be confirmed by a close at or below present levels today or in the next few days, to…

The rally in stocks that has stuttered along for a few days has just had some help from a fresh signal in Eurostoxx. The futures contract made a compression yesterday, from which it is breaking upward so far today. This…

The 30-year US treasury bond futures contract compressed yesterday and has pushed down through that compression today. This is a reason to sell short, which we advise that you do immediately. There is some small doubt about this signal as…

The Pound has been firm lately and the Yen weak – this weakness being presumably a result of the particularly aggressive variant of QE in process in Japan. These two tendencies have now combined to make an extension in the…