Low volatility seems to be the prevalent theme when breaking down the prospective action for the upcoming week. The 15 day average true range in the EURUSD has dipped to 137 ticks, a far cry from the 220 pip range we saw in the middle of June. As a result, I'm not sure a resolution to this is immi ... Read more

The risk appetite/risk aversion sentiment which seems to oscillate on a day-to-day basis has at times put all asset classes into one camp or the other. As I like looking at multiple components to assess the future price direction of the market, the rich implied volatily pricing behind the S and P ... Read more

I want to say hello to our long-time members and also welcome all new members to One Shot – One Kill Trading (OSOK), as the Fall of 2009 is setting up to be a very promising time in the history of trading. We are at a point offering tremendous opportunity for those who ... Read more

John Netto - Chief Investment Strategist - A few weeks ago we put on Feb/March Calendar spreads on the Yen  by buying the 115 March calls and selling the 115 Feb calls. We also sold the 110 Feb puts and bought the 110 March puts. The feb legs of this spread expire Friday and since a large porti ... Read more

Widening Sovereign Spreads and “Re-Coupling” are Dominant Themes on Inauguration Day As President Obama took the oath of office, the weakness in global equity markets, dollar bloc crosses, and corresponding strength in the fixed income market rang feelin ... Read more

9:32 PM ET – With the S&P 500 testing key technical support near the 815 area in the middle of the trading day, and the market not responding well to the ECB’s rate decision and subsequent comments by Trichet, one couldn’t be blamed for sensing the ominous palatable feelin ... Read more

Deflation/Risk Aversion Start to Tighten the Noose… The weakness seen in Ags, metals, energies, equities, commodity currencies, and strength in the dollar brought back vivid memories of the financial malaise seen throughout Q3-Q4 of 2008. The question as tra ... Read more

The combination of the sell off in USDJPY (Dollar/Yen Cross), S and P 500 closing on its weekly lows, small caps underperforming large caps, and the wide spread between short term implied volatility and the 3 month realized volatility all suggests this could be an ugly week fo ... Read more

Preface A spectre is haunting Markets – the spectre of illiquidity, frozen credit, and the failure of financial models. Beginning with the 2007 collapse in subprime mortgages, financial markets have shifted to new regimes characterized by violent movements, epidemics of cont ... Read more

The currencies and commodities once again took center stage in the trading world as equities continued to exhibit a lackluster and lifeless trading range. A whole host of currencies bucked this trend and provided great two way action as dollar strength in the European session gave way to the dolla ... Read more