Commodities Countdown July 29, 2016 at 01:29 PM
Natural Gas ($NATGAS) surged on Thursday on the back of the inventory data. It was a huge thrust. After breaking through the 4-week downtrend, Natural Gas looks strong here. Checking in on the daily chart, the price closed up 8% yesterday... Read More
Commodities Countdown July 28, 2016 at 11:17 AM
In January, we created a chartlist of Lithium companies. This industry appears to be at the forefront of the electric car for battery storage technology. It has been a strong uptrend for the companies involved in the space... Read More
Commodities Countdown July 24, 2016 at 10:42 AM
It's been a month since the Brexit storm rolled through the world's charts. Amazingly, it turned out to be one of the best times to put money to work. One of the blogs I wrote shortly after the Brexit event covered off the global banking charts... Read More
Commodities Countdown July 20, 2016 at 09:47 AM
Crude Oil ($WTIC) continues to drift down. After pushing up near $50 in mid-May, it took 3 weeks to finally break through, surging to $51. That breakout failed to hold and we have been grinding lower since the June 9th closing high... Read More
Commodities Countdown July 15, 2016 at 06:19 PM
The commodities have pulled back gently this week near two-week lows. In the face of the commodities pulling back, global markets have rallied. Financials have rallied globally and JPM fuelled a broad bank rally... Read More
Commodities Countdown July 14, 2016 at 10:28 AM
Since March, Gold has performed in line with the $SPX. However, Gold miners have continued to run, long past the strength in Gold. To put this in perspective, the price of Gold shown by the Gold tracking ETF (GLD), has moved 29.7 % and the Gold miners have run 144.7 %... Read More
Commodities Countdown July 08, 2016 at 01:27 AM
This week was a little hard on the commodities. In general, almost everything went down with the exception of Gold and Silver. I outlined areas of support for Crude Oil around $41. Corn and Wheat had awful weeks, and Soybeans is looking toppy... Read More
Commodities Countdown July 01, 2016 at 02:50 PM
Commodities had an exciting week, trading wildly on the swings from Brexit. Natural Gas, Gold and Silver surged higher. Oil dripped lower and bounced back into the 6-week range. Coffee and sugar continued to perform well... Read More
