Gotta love ZERO RISK in the SP500 = $$$

So this wti and dx dynamic goes back to previous by middle next week..yea I think wti has a good trade downward next week and dollar back upward (especially against Yen)

You can remove some of this systematic risk with spreads BTW. Of course, you're then trading on another derivative, but it's the one many pros trade off of.
 
market indeed looking too toppy. I am out ES, SPX, CL. Everything getting pulled up in this Fed environment. Coffee was a nice short Vis. I was long a few weeks ago and bottom dropped out, so I have stayed away from it, but rains started back up in Brazil and it does look like a good short...el nino was kind of over stated this season

Actually Brazil has a lot of things I look at. Wondering if it will crack under all this low commodity price activity, which would send off another round of steep caution and risk off in world markets. Coffee was supposed top be the one commodity that was going to bring profits to them this growing season

We still have facebook and priceline earnings this week so market could go even higher if they beat

big.chart


Chart of Coffee ETF JO...looks like a chart of Natural Gas...long term short
 
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Historical highs for s$ p this week...nothing can stop it now...as I said it's a magnet....2135+++ is going to happen in the next week or so....zero risk
 
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