What was the single, most damaging trade of 2009? There are a number of candidates: short stocks, short gold and long the dollar would all be in the running.
December 4th, 2009 | Steve Belmont | 0 comments | ContinuedArchive for Steve Belmont
Steve Belmont is a partner in the RMB Group, an options firm based in Chicago, Illinois, U.S.A.
Crude Oil Still Intent on Cracking the $50 Per Barrel Level
As we write this, crude oil continues it crash, seemingly intent on cracking the $50 per barrel level. The early- 2007 weakness in the energy sector has surprised nearly everyone – ourselves included. Yet when viewed in the sharp light of hindsight it makes complete sense. The warm El Nino winter and subsequent larger-than-expected inventories [...]
January 18th, 2007 | Steve Belmont | 0 comments | Continued