Commodities Analysis & Opinion

There is no gold rush in Illinois. The important question is, “Why Not?”Per Mike Shedlock (Mish): “Illinois is in serious financial trouble.” “Illinois has no current...

Veteran analyst Eric Coffin would like to see some mining companies stop or cut production to signal to traders and the market that the worst is over for the mining sector.If copper prices fall below...

The price discovery across the futures and options market landscape is, for the most part, all about positioning for the Bureau of Labor and Statistics (BLS) headline jobs report due out tomorrow...

Harvest is off to another excellent start in September due to relatively warm and dry weather which allowed farmers to already complete 10% of the harvest and start combining soybeans ahead of the...

Oil is up because production is down. We are also getting a boost from better than expected manufacturing data in China and the increased risk geopolitical risk premium because of Russia's actions in...

On the weekly chart, oil prices are again consolidating around the ~43 price level -- an area they used for technical support earlier this year. This could the be the second dip of a larger double...

Gold traded lower, touching 78.6% Fibonacci at 1111.00 and a break below this level is required to prove extending the bearishness.Risk versus reward ratio is inappropriate, as prices are close to the...

Oil succeeded in stabilizing above moving averages 20 and 50 after bouncing from 38.2% Fibonacci level seen on the graph above 44.85.Stability above 44.85 argues us to be bullish, as trading above...

One of the most difficult virtues a trader has to develop is patience, even more so over the last few months where we have seen trends come to a shuddering halt as extended congestion phases build....

Another dismal week for gold investors as the precious metal continues to reflect the longer term bearish sentiment, and with last Thursday’s surge higher, failing to break through in any...

If you are not an options trader you are dismissed from class.…..BUT WAIT!!!! Before you run off, are you aware that there are limited risk ways to play potential tops or bottoms in things like...

Good Morning!In the overnight electronic session, the December corn is currently trading at 390 ½, which is 1 ½ cents higher. The trading range has been 391 ¼ to 388 ¼ so...

Gold is currently trading bearishly after achieving bearish crossover on moving averages 20 and 50 and ADX is showing the strength of the downtrend.The bearishness remains valid, but a break below...

Oil has been trading within a tight range below moving averages 20 and 50 and below the minor resistance that was drawn recently –colored in red-, while ADX shows positive signal.However, upside...