KER Commentary – Mon 9 Feb, 2015

A special focus on volatility throughout the markets

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Featuring:
Richard PostmaBob MoriartyCory Fleck

Comments:
  1. On February 9, 2015 at 11:28 am,
    BDC says:

    Unfortunately, futuresource.com has become
    unavailable, the oil up-trend line is holding:
    http://2.bp.blogspot.com/-qNZi6dtiZr4/Tf2lDvtEIpI/AAAAAAAAANM/AjwClhk7Udk/s1600/OIL-20110617-MonthlyN.jpg

    • On February 9, 2015 at 4:58 pm,
      Shad says:

      Doc – You cracked me up calling he dollar the prettiest girl in a bad girl dance.

      I don’t want to find myself in a bad girl dance anytime soon! (especially if the US dollar is the prettiest girl at that dance : – )

  2. On February 9, 2015 at 11:43 am,
    agatha Gisty says:

    The best 2 people on the show. More, more
    thanks

  3. On February 9, 2015 at 11:45 am,
    Birdman says:

    Great show guys. I appreciated the comments from all of you and we seem to be converging on the same page. As you know I have been writing repeatedly on the what looks like a major bottoming process in the commodity sector. But we need to watch this closely and not jump the gun just yet. There is still the possibility that many commodities could dip below their old 2009 / 2010 lows and surprise us all. So I won’t assume anything until we actually arrive there (but we are closing in fast). The VIX meanwhile is coiling for action and some drama is just a few trading days away by my reckoning. I suspect this coming Monday we get either a breakout or a breakdown but I don’t yet have certainty which it will be. Until later!

    • On February 9, 2015 at 11:52 am,
      Bob UK says:

      It is Monday today.

      • On February 9, 2015 at 12:32 pm,
        Birdman says:

        This “coming Monday” means next Monday, Bob. That would be the 16th of Feb.

        • On February 9, 2015 at 12:48 pm,
          Bob UK says:

          Why that day?

          • On February 9, 2015 at 7:46 pm,
            Birdman says:

            It’s my best guess when the lines on some charts converge for a breakout, Bob. I will admit this is not very scientific though. Its more a feel you get that gives a sense of timing. In this case it looks like a break on Friday or the following Monday but Monday is more logical since bad news seems to come on Weekends so frequently.

  4. On February 9, 2015 at 11:51 am,
    agatha Gisty says:

    Greece AND Ukraine…. the later getting worse..

  5. On February 9, 2015 at 11:52 am,
    Bob UK says:

    What I am hearing from various contributors on here currently is that these markets are too volatile so it is best to sit on the sides until things die down.

    • On February 9, 2015 at 12:32 pm,
      Birdman says:

      Don’t listen to them. This is when all the money is made.

  6. On February 9, 2015 at 12:09 pm,
    cfs says:

    BobUK, do you have any explanation for the GB pound’s strength currently?

    • On February 9, 2015 at 12:51 pm,
      Bob UK says:

      No.

      OK, yes, I do.

      Place of safety like the USD from the Euro. Vast numbers of rich Europeans moving to the UK. If USD is too expensive to buy if you have Euros then buy Sterling. Ditto with financial firms who wish to get out of Euros in case Greece exits – which it will.

  7. On February 9, 2015 at 12:42 pm,
    Markedtofuture says:

    Greek Interest Rates Hit 21.68% on the 3 year – Armstrong

    The Greek crisis began exactly on the Pi turning date to the day. Now, Greek demand for gold coins is rising as common citizens worry that Greece will exit the Euro. They have been taking cash out of the banks hoarding and buying gold coins as well according to the U.K. Royal Mint. But the bulk are simply hoarding cash and we are starting to see US dollars flowing to Greece in the physical context. This is all about confidence. The uncertainty of the future causes people to hoard. This is a historical trait that extends back into ancient times. Politicians can write laws to try to prevent human nature, but they will fail every time.

    http://armstrongeconomics.com/2015/02/09/27063/

    • On February 10, 2015 at 9:02 am,
      J........THE LONG....................OOTB says:

      greek interest rates would be about right…………..at 22%

  8. On February 9, 2015 at 1:26 pm,
    glenfidish says:

    Great show guys!

    Doc your the voice of reason..So your 100% certain new lows in gold come spring? or the bottom may have already been in?

  9. On February 9, 2015 at 2:36 pm,
    agatha Gisty says:

    He stated commodities Glen

  10. On February 9, 2015 at 3:17 pm,
    Peter says:

    Cory the volatility in oil is good don’t be scared, enbrace the volatility and make money 🙂
    Oil is going to 62-64/bl

    Peter