Commodities Analysis & Opinion

Dominoes Are FallingReverberations from the oil-price crash continue as more bankruptcies and increased geopolitical tensions are causing a seismic shift in the long term outlook for energy...

Many of you are aware my friend Northy’s OPEX chart, which shows that, almost without exception, options expiration weeks are screamingly bullish for stocks. I was quite torn about this a week...

Last week, the price of crude oil fell to 43.02. This week, it seems determined to reach the 50-dollar mark. From surplus, through production cuts to supply shortages, it might seem impossible for...

Gold traded bearishly in the Asian session, but it remains trapped within a tight range after touching 1260.00, which is a negative signal. RSI is negative, but ADX needs a stable move below 1247.00....

Oil-June settlement- has stabilized above 48.50 where 88.6% exists, while ADX shows increase in bulls’ power although RSI resides near 70.00. We will ignore the signals on RSI due to stability...

The internals for the Weekly EIA Report were solid and we are raising our outlook for price accordingly when combined with the recent global supply disruptions in production.Below you find the...

Gold price has broken down yesterday as we expected towards $1,240 and bounced. Price stabilized for a few hours around $1,260-55 and then broke to new lows. Price is expected to move even lower as I...

As we discussed last week, the period between May 1 to August 31 is the weakest season, annually, for stock performance.Over the last 10 years, the Dow Jones Industrial Average has experienced a...

The FOMC minutes released yesterday afternoon were the real player across the commodity complex as all indications point to a greater chance of a June rate hike than previously considered. Strong US...

The chart shows that silver and SLV are both testing triple resistance inside of a falling channel at (1) above. This test of resistance is happening just as the “dumb-money traders” have...

Fed FlopOil prices were able to overcome a supply increase but were not able to overcome the Federal Reserve minutes. The Fed sent the dollar on a tear, because the minutes revealed the Fed wanted to...

Hello from black-as-tar Palo Alto this morning. I am pleased to see oil finally, finally, finally weaken, down over 2% this morning. I would also point out that gold, which is getting clobbered, is...

Corn and soybeans, currently below the cost of production for most farmers, have growers anxiously waiting for opportunities to sell their crops at a profit. While demand for corn and soybeans remains...

Gold: Outlook for gold remains lower following its Wednesday weakness and with a follow-through underway. On the downside, support comes in at the 1,250.00 level where a break will turn attention to...