Another regular energy trading report hit my trading desk. It was a difficult month for one of the manager’s positions as long term bullish fundamentals finally gave way to the shorter term headwinds of seasonal weakness, warm weather, and over-extended refinery margins.  Here is a section: I’m reminded of a quote from a mentor of…

Is the party over? US stocks gave a mixed performance last week following hawkish comments from central bank policymakers. After enjoying its longest winning streak in two years, the S&P 500 slumped after Fed’s Powell said the central bank was not confident it had done enough to rein in inflation. A tech-driven rally on Friday…

In his 1963 book “The Science of Existence and the Art of Living”, His Holiness Maharishi Mahesh Yogi states that through the practice of Transcendental Meditation (TM) techniques, over time, the conscious mind becomes familiar with the deeper levels of the mind and the subconscious mind becomes familiar with it naturally. He said he would…

It’s going to be a long Diwali weekend in this part of the world and I would like to wish you and your loved ones a Diwali filled with joy, light, and prosperity. May this festival bring warmth and togetherness to your home. Diwali, also known as Deepavali, is a significant Hindu festival celebrated by…

Jerome Powell and his merry band of accomplices move markets whenever they speak. Stocks are up and bond yields are down whenever they signal that the most powerful central bank in the world will not raise interest rates and may even lower them. The market is down and yields up on any hints that the…