Jim Cramer of Mad Money on CNBC looked to the market analysis of Carley Garner, a commodity broker with DeCarley Trading, for answers on the fate of the euro currency.
"Another key piece of evidence is the Commodity Futures Trading Commission's Commitments of Traders Report. This is the report that tells investors what the big institutional players are up to in the futures market. According to the CFTC, there is a humongous short position in the euro for hedge funds and mutual funds. In Garner's view, that means they will be covering their short positions in the near future." ~ Jim Cramer
Watch the video here!
If you would like to read the analysis used instead, you will find the DeCarley Perspective newsletter used on the show by clicking here: https://madmimi.com/s/7df446
DeCarley Trading works hard to provide clients with quality insight into the markets. One of our recent issues of the DeCarley Perspective focused on this topic was featured on CNBC's Mad Money on May 26th. The DeCarley Perspective is a publication distributed exclusively to DeCarley's brokerage clients. If you are interested in being part of the loop, open a trading account today!