Commodities Analysis & Opinion

Crude Oil is often the focus of daily price moves in the stock market. This past week has been no exception as the OPEC meeting has brought Crude Oil to the forefront again. But being part of the news...

OPEC supply cut is not a game changer.Protectionism and geopolitics pose risks for global growth. Core interest rates in Europe to stay depressed despite higher HICP inflation. Europe's banking woes...

The bullish trend for copper that I signaled in a post earlier in the month, now appears to have come to a halt, with the red metal running into some stiff price resistance in the $2.2050 lbs region...

Back in 2010 it seemed like there was not enough oil to go around. Political and military conflicts in places such as Libya and Iraq were creating supply constraints for oil in the middle east. Many...

Gold was firstly trading higher last week towards 1343 area where top was found at that trendline connected from August highs. Ideally metal made wave D up as part of a big triangle formation that can...

A Companion Update to this Year’s “In Gold We Trust” ReportOur good friends Ronnie Stoeferle and Mark Valek of Incrementum AG have just published a new chart book, which recaps and...

Oil climbed 7% from yesterday’s low to high in reaction to the OPEC cutback news.More importantly, perhaps, the overnight price action has been well-behaved, near the $47 area. This suggests...

November crude oil saw some follow through to the upside on Thursday, September 29, 2016. It traded past trendline resistance (48.04), reaching a high of 48.32 and then retreating below the trendline...

Crude oil climbed 7% from Wednesday's low-to-high in reaction to OPEC's cutback news.More importantly, perhaps, the overnight price action was well-behaved -- near the $47 area, suggesting to me that...

A nice example -- by way of crude oil -- has a trendline changing roles from resistance (red arrow) to support (green arrow).

I guess a lot of crude-oil buy stop orders are about to be activated here.

Good Morning,It has been a while since we have spoken about Strategic Petroleum Reserves (SPR). But not even 24 hours has passed since OPEC paved the way to a sincere compromise to get the oil market...

Gold made a deep retracement from 1344, which was very sharp but it may still be a three wave move. Ideally it's wave E to complete a triangle in black wave IV. However, triangles are always tricky so...