ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Trading for the iPath Bloomberg Cocoa SubTR ETN (NIB) could have started quite negatively this week. Yesterday, On May 29th, Bloomberg reported from unnamed sources that Ghana’s main crop for the cocoa growing season would produce its highest tonnage in three years: “Graded and sealed deliveries from the so-called main crop, the larger of two … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 10, 2017. Click here to read the entire piece.) When I first identified a potential bottom for the iPath Bloomberg Cocoa SubTR ETN (NIB), I did not envision the volatile process that has since unfolded. I particularly did not anticipate … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 5, 2017. Click here to read the entire piece.) The International Cocoa Organization (ICCO) recently released its monthly market report for February. February was of course the month of an accelerated price decline for cocoa. Cocoa hit, and retested, a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 24, 2014. Click here to read the entire piece.) Nine months ago I wrote a piece describing the investment/trading opportunity in cocoa with a focus on iPath DJ-UBS Cocoa TR Sub-Idx ETN (NIB); iPath Pure Beta Cocoa ETN (CHOC) has … Read more