Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By MB Wealth (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Turning Point 4/7/11

% of readers think this story is Fact. Add your two cents.


Markets should be topping and bottoming soon. Crude oil was higher by 1.3% today as speculative dollars continue to put into alternative investments. We feel oil and the distillates are over valued but we would be careful about jumping in front of this train. Another 2% decline today has natural gas on our radar; aggressive clients started buying July 50 cent call spreads today and we will be looking at a long futures entry in the next few sessions. The sentiment is too bullish in equities for this run to continue in my opinion. Aggressive traders should start scaling into shorts or purchase June put spreads. The ECB raised rates 0.25% and the BoE left rates alone. Currencies were flat…our favored play is bearish trades in the Aussie. Lean hogs closed below the 20 day MA today as there should be more downside. Traders with multiple positions should start taking profits. Live cattle should continue to trade lower as well …look for long entries from lower levels. Gold and silver gained again today…we remain on the sidelines with most clients. Continue to buy cocoa at these levels as once we see a close above the 50 day MA we should see an acceleration higher, our target remains 3300 in the July contract. Stay short agriculture in corn and wheat as we expect more downside into next week. Oats closed near their lows losing nearly 5% today which generally leads this whole complex. Mixed bag in Treasuries, our target remains 122’00 in 30-yr bonds and 121’00 in 10-yr notes.

Risk disclosure: The risk of loss in trading commodity futures and options can be substantial. Past performance is no guarantee of future trading results.

Read more at MB Wealth



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login