Gary Kamen

Is it time to buy coffee?

Gary Kamen
December 17, 2013
Last week March 2014 coffee opened at $106.50, and after a rocket ride up on Tuesday closed the week at $115.25. What gave bulls the shot in the arm to do this? News last week was there could be a near-term squeeze in Robusta supply.

Trading the E-Mini S&P 500 in December

Gary Kamen
December 3, 2013
This past Thanksgiving trading week, the December 2013 E-mini S&P 500 opened at 1802 and closed at 1804. We could be seeing an early month correction along with end of the year profit-taking. December is the second best month for equity returns averaging an estimated 1.5%.

Janet Yellen says no stock market bubble, so what is it?

Gary Kamen
November 19, 2013
Last week the Dec. E-mini S&P 500 opened at 1767.00 and closed the week making new highs along the way at 1793.50. No close yet above 1800. Now I agree that PE ratios do look goods, so why does it seem that tapering talk spooks the market, or does it?

Can the U.S. dollar rise without tapering?

Gary Kamen
November 13, 2013
With positive economic data last week once again fueling tapering talk, the question now becomes, “Is tapering the only item giving bulls the strength to push up the USD?” Let’s have a look.

Watch for natural gas to start its next leg up

Gary Kamen
October 1, 2013
With all of the hot air floating around Washington, D.C., we saw natural gas drop from $3.800 MMBtu in mid-September to test the waters below $3.500 for one day, Sept. 26. Last week November natural gas opened at $3.755 and closed the week at $3.589.

Cocoa quietly heading to new highs

Gary Kamen
September 17, 2013
Last week December 2013 Cocoa opened at $2,555 per tonne and closed the week at $2,601. You can see cocoa has moved up nicely since the July 1 open of $2,170.

Where is the U.S. dollar headed as we approach the next FOMC meeting?

Gary Kamen
September 11, 2013
On the horizon, a FOMC is coming, actually next week on Sept. 17 and 18. Will we see tapering? Will we see a hawkish Fed or a dovish Fed? To prepare the U.S. dollar for a hawkish Fed or even tapering, the U.S. dollar needs to drop.

Will soybeans be in the teens until harvest?

Gary Kamen
August 27, 2013
Soybeans at this time are much more vulnerable than corn, as corn has already passed its pollination stage. Soybeans are still podding and adding beans to the pods. The hot, dry weather has the potential to affect crop yields.

Catching the ride in silver

Gary Kamen
August 20, 2013
Last week September 2013 silver opened at $20.680 per ounce and closed the week at $23.322. Bulls got some positive economic news out of China and the Eurozone helped push speculation on increasing silver demand.

Catching a ride on the “T-Bond Express”

Gary Kamen
August 6, 2013
Last week September 2013 T-Bonds opened at 134-22 and close at 133-23 continuing the long term weekly drop that started in early May.