Commodities Analysis & Opinion

I need to review my oil trade, having seen the expected geopolitics risk stop me out overnight.Intraday volatility in oil is reaching a new level as the geopolitical rumors are doing their best to...

OPEC and Russia may be on the verge of coming together regarding production cuts, and the shorts are starting to get worried about a short squeeze in the market.

Rumors persisted about Iran, Russia or OPEC close to declaring productions cuts, so that has to factor at least into sentiment about oil trading. However, with rumors being denied, the physical...

Capitulation NationIt seems everyone is getting ready to capitulate. The Federal Reserve, U.S. shale producers and even Russia and OPEC. Oil prices are almost 21% from the capitulation low as there...

Everyone knows that government expenses and deficits are out of control. Think U.S., Europe, the U.K., Japan, and others. So what?Borrowing today supposedly brings spending forward from the future, so...

Let’s step back from the world of quantitative analysis and plunge headlong into the entirely subjective realm of reading chart patterns. I make no claim to be a great “chart...

Thursday's crude oil is is trading beneath its Nov.-Jan. resistance line -- again -- after initially thrusting above it in reaction to the OPEC and Saudi news.Now we have to see if oil can retest...

Oil has Either Broken Out of an Inverse H&S or is Putting in a Top Before a Move to the Bottom of the Gray Megaphone. Crude oil has either broken out of an inverse H&S or is forming an H&S...

Good Morning!This morning’s reports at 7:30 A.M. are Advanced Durable Goods, Export Sales and Initial Jobless Claims. At 9:30 A.M. we have the weekly EIA Gas Storage which a Thomson Reuters poll...

SummaryCrude oil prices have become hostage to upgrades and downgrades by Major Banks and Analysts, many of which are now predicting a stronger oil market in 2016. Will 2016 lead the way to the birth...

The worsening of financial conditions this year led markets to price in rates to remain unchanged at the January FOMC meeting, with many speculating the Fed to deliver a dovish statement. This has now...

The bullishness on gold stopped for a while and the metal started to trade around 50% Fibonacci at 1118.00, which could be a decisive level for today’s trading. The positive signals persist,...

Oil traded within a narrow range during the Asian session near SMA20-green line- at 32.50 zones. ADX shows decrease in the bearish trend and RSI14 attempts to incline, which are positive factors. We...

Gold is overbought as we warned yesterday and in need of a short-term correction. First support at 1115/14 could hold the downside initially this morning and we could bounce to 1119/1120. However, a...