Commodities Analysis & Opinion

I came this close – – THIS close – – to doing a post yesterday in which I offered up again the basis behind being short the gold miners, but my discomfort with seeming...

Today we have the ISM Non-Manufacturing index at 9:00 A.M., EIA Energy Stocks at 9:30 A.M. Fed minutes from the March meeting and Dairy Products and Dairy Product Sales at 2:00 P.M.Last night’s...

Sugar price experts Sucres and Denrees – better known in commodities circles as Sucden – are predicting that for the first time in three years, this season should see a global sugar...

Oil advances higher ahead of the Crude Oil Inventories data. Market is expecting a decline here. Mid-term sell signal on Oil is denied and the price came back above a crucial long-term support on the...

A study this week by the Wall Street Journal found that the largest publicly traded oil-producing firms “fell short of cash flow for the year.” According to the study, Exxon Mobil...

Our Raw Steels Index rose 4.3% in March. Steel prices in the U.S. resumed their upward trend, with products like cold-rolled coil hitting a five-year high. However, not everything was bullish in...

We asked the question right at the end of March, whether we should short gold. A question that thanks to a retest of resistance is back being asked today.Price was testing the resistance level shown...

Gold traded modestly higher finishing up $4.40 for Tuesday’s session settling at 1258.4. This was a few dollars below a key target area for technicians; the 200 day moving average at 1261.6. The...

Key Points: Libyan “Force Majeure” event ceases. Russia meets around 66% of their pledged production cuts. Medium term outlook on oil remains unchanged with Q2 estimate of...

Natural Gas futures price seems to be moving on a well defined path within an expected zone in a Daily Chart as I predicted in my last two analyses in which I have described two important zones....

Natural Gas futures price movement seems to be going through a highly volatile pace, which makes it difficult to understand the next possible move. It is a right step to keep a watch on every single...

The oil price has bounced back today, recovering from yesterday’s fall, after Libya announced an increase in production leaving analysts deeply divided on the future direction of the...

Crude oil started rallying from 03/22 low in a bullish structure which still needs another leg higher to become 5 impulsive waves. The instrument ended the minute wave (( iv )) at the 23.6% Fibonacci...

Good Morning!This morning starting at 7:30 A.M. we have the U.S. Trade Balance, Factory Orders at 9:00 A.M. and at 3:30 P.M. the weekly API Energy Stocks. Yesterday’s protracted number of...