In retrospect, the sharp slide in physical commodity prices was well deserved, what with global macroeconomic sentiment eroding in the wake of signs of lost momentum in the US recovery, threats of additional sanctions against Russia, and perhaps most importantly, a soaring US Dollar.
Global Economic Psychology Has Improved
Global economic psychology has improved, partly because of easing tensions in the Black Sea region but also because of generally positive US scheduled data flows.
Renewed Concern of Deflation
The action in equities over the last month has been impressive, but it is even more impressive when one considers that the gains were forged in the wake of generally disappointing global economic news flow and a persistent escalation of tensions between Russia and Ukraine.
Disappointing Pace of Recovery & Declining Prices
The outlook for the global economy has improved marginally, with a series of positive US data providing some respite from the generally discouraging economic news flowing from Europe and China.
Disconcerting Outlook for the Third Quarter
The tone of the global economy has deteriorated over the last month, and it has become apparent that portions of the Euro zone were much softer than expected during the second quarter.
Grant’s Pass, OR Trading Seminar: The Greeks Defined
Don DeBartolo, a senior broker with Daniels Trading, defines the Greeks beginning with theoretical value and implied volatility as it pertains to commodity options trading at the GBE trading seminar on August 16, 2014.
Grant’s Pass, OR Trading Seminar: Option Contract Defined
Don DeBartolo, a senior broker with Daniels Trading, defines a commodity option contract at the GBE trading seminar on August 16, 2014.
Grant’s Pass, OR Trading Seminar: Time vs. Intrinsic Value
Don DeBartolo, a senior broker with Daniels Trading, discusses the difference between commodity option time value and intrinsic value at the GBE trading seminar on August 16, 2014.
Grant’s Pass, OR Trading Seminar: Joke
Don DeBartolo, a senior broker with Daniels Trading, tells a trader joke at the GBE trading seminar on August 16, 2014.
Grant’s Pass, OR Trading Seminar: Using the Game of Monopoly to Explain the Greeks
Don DeBartolo, a senior broker with Daniels Trading, uses the game of Monopoly to explain various option Greeks at the GBE trading seminar on August 16, 2014.