Search results

i am liking fxp on todays dip.china seems likely to decline on high inflation (regardless of those hyped #'s) and a weaker $ with US inflation (cpi etc.) hurts their exports. any thoughts???

the bad news for ice is all but priced in imo. CME, being the big dog was pulling the sector down today. news that NMX deal in doubt. FWIW on ICE, I think that their voluntary measures will have averted regulation provided we see a short dip in crude. Also the CBOE news is bullish.

people forget that not only can one sell at delivery, but that for IB's and the like who do have storage at cushing and henry hub the trade has been to buy and hold the actual commodity. also there are oil otc trades etc

cme is acquiring nmx, nmx is ice's main competitor. senate passes energy trading regulation bill which essentially effects ice but not nmx/cme. (thats the quicky). also cbot & cme floors are now integrated meaning merger going well.

that seems to get pushed up to exorbitant levels and then the floor drops out. not sure how to play it yet.

its too bad because they began to expand the product line but waaay too late. maybe a comeback story but not a quick one.

the current price swoon is all tied to MF, FCSX has shown weakness in the past in relation to MF. I like FCSX but am waiting to see how its exposure to MF pans out