Saturday, 31 July 2010
OEC Special Offer on Commission
The fine print says you must open an OEC EQUITIES account, which is 25k, and a futures account is another 5k. So, I assume they want you to open both, 30k total, and then you can get the good deal on the futures trades. I've never personally traded through them, but I've tested their platform out and it gets the job done and it has a risk manager and the ability to automate trade ideas which is a big plus.
OEC Special Offer on Commission
The fine print says you must open an OEC EQUITIES account, which is 25k, and a futures account is another 5k. So, I assume they want you to open both, 30k total, and then you can get the good deal on the futures trades. I've never personally traded through them, but I've tested their platform out and it gets the job done and it has a risk manager and the ability to automate trade ideas which is a big plus.
Tuesday, 20 July 2010
Housing Market Recovery Precursors
I'm watching to see if the lows have been made for Lumber and Copper, as they are vital ingredients to building houses.
Lumber Today- July 20, 2010
Lumber trading 1977
Copper setting up with a rising wedge pattern off summer lows.
Lumber Today- July 20, 2010
Lumber trading 1977
Copper setting up with a rising wedge pattern off summer lows.
Labels:
Commodities,
copper,
lumber
Housing Market Recovery Precursors
I'm watching to see if the lows have been made for Lumber and Copper, as they are vital ingredients to building houses.
Lumber Today- July 20, 2010
Lumber trading 1977
Copper setting up with a rising wedge pattern off summer lows.
Lumber Today- July 20, 2010
Lumber trading 1977
Copper setting up with a rising wedge pattern off summer lows.
Labels:
Commodities,
copper,
lumber
Sunday, 18 July 2010
Treasury Yield Spreads
The Yield Curve is Flattening. Long term interest rates are declining faster then shorter dated rates. The 2 year looks to be bottoming out at 0.58%. Mortgage rates are hitting all time lows bringing the 30yr interest rates down further. The expectation for a fed fund rate increase for next march has also decreased this past week.
Treasury Yield Spreads
The Yield Curve is Flattening. Long term interest rates are declining faster then shorter dated rates. The 2 year looks to be bottoming out at 0.58%. Mortgage rates are hitting all time lows bringing the 30yr interest rates down further. The expectation for a fed fund rate increase for next march has also decreased this past week.