Eoin personal portfolio commodity and stock market longs opened
Comment of the Day

August 10 2015

Commentary by Eoin Treacy

Eoin personal portfolio commodity and stock market longs opened

Eoin Treacy's view

Arabica coffee, silver, platinum, Switzerland longs initiated – European stock markets are exhibiting relative strength with the Swiss and Italian indices testing their respective highs. I opened a long in the September SMI Index contract paying 9500. 

I also opened a number of commodity long positions betting that potential for reversionary rallies outweighs potential for additional downside in the short term. I opened a long in Arabica Coffee paying 132.1¢, in Silver paying $15.06.8 and in Platinum at $989.9 all for September contracts. All prices quoted include spread-bet dealing costs. 

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