Commodities Analysis & Opinion

Good Morning!As Matthew marches on residents in Florida, Georgia and the Carolinas are on alert and are warned not to try and weather this storm. Following Matthews onslaught, Tropical Storm Nicole is...

It’s been a heck of a year for precious metals. Through 3 quarters this year, gold, silver and the miners were out-performers.HOWEVER, those good vibes have been lost on investors during the...

There has been a lot of discussion in the past year about the strength of technology stocks and the return to “Nasdaq 5000.” Of course, such lofty heights also bring out the arguments over...

Oil is Working its Way Up a Price Channel on the 5-Minute Chart Oil is working its way up a confirmed price channel on the 5-minute chart. In the channel’s critical decision wave, oil returned...

Gold prices plummeted on Tuesday, decreasing 3.3%, breaking a key support level of $1300. A sell-off so considerable hasn’t been seen since the summer of 2015 and much speculation has circulated...

Crude oil prices are just shy of $50.00 as Hurricane Matthew is barreling toward the East Coast. U.S. oil supply continues to fall and OPEC and non-OPEC oil producing nations are getting ready to meet...

Gold on big support levelOriginal post

WTI crude topped just 3 ticks from the big $50.00. We are severely overbought now with very minor negative candles. Profit taking therefore is more likely although a big sell off is not expected....

Resolute Energy Corp (NYSE:REN)Resolute Energy is having an incredibly strong day in the market today, and for good reason. The company announced the purchase of oil and gas assets. Today, we’ll...

November Crude Oil tested the $50 resistance level Wednesday, October 5, 2016, reaching 49.97 as the EIA report showed crude oil inventories declining. Crude oil inventories declined 2.976 million...

As trading in the fourth quarter got underway this week, the bottom quickly fell out in precious metals, with gold and silver each finishing down in Tuesday’s session by more than 3 and 5...

Who’ll Stop the FedThe market fears the so-called hard Brexit, in which all ties with the European Union will be severed at an accelerated rate. This should occur by the end of March, as Prime...

Soybeans rallied 30 cents from Friday’s report day low to the 50- and 200-day moving averages at 9.73 basis November. Consistent rains that have delayed harvests in parts of Iowa, Minnesota and...

While global markets are worried about EU tapering and the possibility off a hard Brexit, oil seems oblivious to those threats as the US oil glut is receding at a historic pace. The American Petroleum...