Commodity Prices Signaling a Recession Doesn’t Add Up
As I look through the longer-term commodity charts, I see
one downtrending market after another.
The main exception is the precious metals. The weakness in commodity
prices seems to makes sense with the increased recession...
Top Reasons Why Commodity Traders Lose Money
If you have not heard by now, most people who trade
commodities lose money. Most of the
estimates range in the 80 to 95 percent range of those who have lost or who are
losing...
Live Cattle Futures Digesting Next Move
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...
Agriculture Commodities Outlook
Agriculture commodity prices have dropped substantially this
year. The agriculture commodities consist mainly of the grains, livestock and
softs (food). Some commodities like
corn, lean hogs and cocoa had their moments in the sun this...
Crude Oil is Figuring Out the Risk Premium
The excitement in the oil markets have subsided somewhat
after the strike on the Iranian General, but the fear of what is coming next still
lurks. These events usually cause a pop
higher in the...
Gold Has Some Challenges to Overcome
I believe gold prices will move higher over the long term,
but there are some warning signs in this market that I can’t ignore. The most
notable one is the outside bar reversal on...
Natural Gas Market Outlook
Natural gas is suffering the woes of plentiful supplies this year and the lack of a catalyst to push prices higher. As a result, natural gas futures prices have dropped about 28...
The Silver and Gold Spread Outperforms Straight Gold
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...
Natural Gas Crossing Fingers for a Rally
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...
Copper Price Long-Term Outlook is Cloudy With Short-Term Issues
A good case can be made for the copper market to be a star performer among commodities in the next few years. However, you wouldn’t know it by the price action lately....
