Commodities Analysis & Opinion

After the 2014 year of significant underperformance of the natural gas price by the crude oil price, this year has seen a resurgence of the oil price. The result has been an increasing price of the...

Crude Oil completed a rising megaphone top today (red on chart above). Basically that cuts off an attempt by oil to put in a new high within the megaphone bottom (silver) it’s been forming since...

This week’s Hot Stock is a leading worldwide provider of equipment to the energy industry. Energy stocks as a whole have been hit hard with the decline in energy prices, and NOV is no exception...

Gold for Wednesday, April 8, 2015Gold has sprung to life in the last couple of days surging higher away from the key $1200 level back to a seven week high above $1220 before easing back and...

WTI Crude Oil WTI tested the $54 resistance level yesterday. While this is at least the 3rd time this level has been tested during 2015, it is the first time since February so some pause/pullback is...

More than two months ago, we commented on oil’s stealth “bull market” and concluded that, “a rejection at 53.50 would point toward more consolidation around 50.00 in the short...

The big story regarding the Asian Infrastructure Investment Bank was the application by the Israelis. This came just prior to the deadline and of course at the displeasure once again of Washington....

The weekly chart has put in a Bullish Engulfing pattern. The Daily chart has a Morning Star Formation. Could this be the low for sugar? With Thursday’s bullish thrust higher, Sugar looks ready...

The last time we wrote about gold was February 17th in an article, called “Gold Bears Ready For The Last Fight”. The yellow metal was trading around $1220, while we were expecting the...

Fundamental AnalysisThe weakness in the US Non Farm payroll data released last Friday is sill maintaining its impact on metal. The impact is twofold, firstly it is the weakness in the dollar which has...

It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, Regular dropped four cents and Premium two cents. According to...

Crude Oil has moved upwards re-testing 76.4% Fibonacci level, which represents a very tough resistance. At this phase, we remain neutral over intraday basis due to the sensitivity of this trading...

Silver couldn’t reach the key resistance level of 17.50 and it is currently showing some kind of weakness. Coming below the upper line of Linear Regression reflects bearish momentum, while 17.35...

The strong resistance of Gold at 1219.00 has limited the recovery forcing the metal to move lower once again. In the interim, MACD started to show signs of weakness despite positivity on Linear...