Phillip Streible is a Series 3 licensed Chief Market Strategist at Blue Line Futures and specializes in developing futures and options strategies for clients. As the Chief Market Strategist his goal is to show clients how to anticipate, recognize and react to bull and bear market conditions through the use of fundamental and technical analysis techniques that help them to define risk. Streible has more than 17 years of experience working with clients. He ran one of the largest retail commodities desks while at Lind-Waldock where he focused on metals, energies, currencies and agricultural markets.
Gold futures started a recovery this week before running into stiff resistance at 1755-1760/oz, states Phillip Streible of Blue Line Futures.
While working in futures and commodities for the past 20 years, one of the most important concepts that I learned is that if you can nail the right "commodity" in the correct "cycle," you can come out very well off, states Phillip Streible of Blue Line Futures.
Bubbles, tiny bubbles are everywhere right now. The thing about "tiny bubbles" is they usually get a lot bigger before they pop, states Phillip Streible of Blue Line Futures.