Dee Asay-Resource Advisor 6-16-08   Futures up nearly 20% since June 3; soybeans touch three-month high on Thursday June 12, 2008.   Corn futures rose for a seventh straight day Thursday to a new record, as rain in the Midwest raised concerns that the grain’s production will be reduced. Futures have jumped nearly 20% since June 3, 2008   Soybean futures also rose to their highest level in more than three months, on concerns over the rain’s impact on those crops.   Corn futures for July delivery gained 19.75 cents, […]

  In the grad call we discussed stops and trade management options. While everyone has different preferences and opinions, we discussed some of the technical (charting) options as well as some of the mechanical functions (stops). Below is a summary of some of the options with their pros and cons.   Technical (charting) stops:   1. 5-day EMA: by plotting a 5-day EMA, one can use this as a trigger point to take profits. As long as a call play closes above the 5-day, one stays in the trade. If […]

  Dee Asay Resource Advisor – Stock   I went and looked up the meaning at investopedia and this is what it says a stock that trades at a relatively low price and market capitalization usually outside of the major market exchanges. These types of stocks are generally considered to be highly speculative and high risk because of their lack of liquidity, large bid-ask spreads, small capitalization and limited following and disclosure. They will often trade over the counter through the OTCBB and pink sheets. The term itself is a […]