Natural gas futures have been reeling from the first winter
weather rally in early November. This market is fairly dependent on abnormal
weather this winter to burn through excess supplies. Otherwise, natural gas
prices will probably remain in the lower end of the $2 range. I wrote about
this in my last
article and I have a feeling we will see another...
It is absolutely essential to have a trading plan in writing
before you begin trading commodities. Do not take this statement lightly. A
sound trading plan is one of the most critical pieces to your success in
trading commodities. Without a trading plan, you will be prone to inconsistent
and erratic trading with a lack of confidence that might drain your...
Live cattle futures have recovered all the losses from the Tyson
plant fire in August. The market now stands at solid resistance from a prior
chart consolidation and a 62 percent retracement from highs back in April.
I still see the market as being bullish. The fundamental side looks good as packers still have solid...
The energy markets became riled over the weekend as Saudi
Arabia took a major hit to oil production/distribution capabilities from drone
attacks. Fingers are pointing at Iran and they have deferred to Yemen. The big
issue here is whether this is the beginning of regular attacks and the
disruption of oil flowing onto the markets or was it an isolated event?
If you are expecting the gold market to hit record highs
again, it could be a better strategy to use a spread trade that consists of buying
silver and shorting gold. This may go contrary to logical thought, but it has
to do with silver outperforming gold historically in the acceleration phase
toward record highs.
Another Bull Market
in...
