JPM/Commodity Sell Off

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Wisdom
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JPM/Commodity Sell Off

Post by Wisdom » Wed May 23, 2012 1:11 pm

JPM/Commodity Sell Off – Talk again of more possible forced liquidation out of JPM to cover losses the past 2 sessions. Zerohedge ran a story overnight that JPM loss could be upward to $8 bil from previous $2-3 bil est. JPM ann’t the initial loss late on May 10th. To note, since the May 9th close until today, CRB is down 3.8%, with Cotton (-17.8%), Cocoa (-8.75%), Copper and Silver (-7.5%), WTI (-6.7%) and Heat, Sugar. Coffee, and Soybeans down over 5.0%. While the heaviest shorted markets of Natural Gas are up 12% and Wheat up 14.0%.

fab1usa1
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Post by fab1usa1 » Wed May 23, 2012 6:08 pm

Yes, my system picked up on these commodity trends. Are you suggesting that they are short-lived?

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