Category: Commodities Trading
The analysis published under this category are as follows.
Sunday, April 26, 2015
Corn Commodity Buying Opportunity Looms / Commodities / Commodities Trading
By: Austin_Galt
Corn has just broken support so there looks to be a bit more downside in store before a more solid bear rally takes place.
Firstly, let’s briefly look at the fundamental factors. The main factors causing the price of corn to drop recently appear to be an oversupply of corn combined with the recent outbreak of bird flu or avian influenza.
Sunday, April 19, 2015
Sugar Commodity Price Bear Rally / Commodities / Commodities Trading
By: Austin_Galt
Sugar finally looks to have kicked off its bear rally so let’s quickly revise the situation using the daily and weekly charts.
Friday, March 20, 2015
Cheap Paper Money - Precious Metals Technical Outlook / Commodities / Commodities Trading
By: Submissions
Andy Farida writes: Central bankers are facing the most difficult task – balancing the economy which is on the verge of deflation or pumping it with cheap money to reflate the stitch up economic bubble. Worryingly there is no other option at hand and more negative interest rates in developed economies are looking likely in the coming months (especially in Europe). Meanwhile, the US economy (dubbed the Promised Land) continues to spur on the relentless task of spearheading growth and potentially raise interest rate for the first time. Analysts reckon that the BOE is running second on this issue too.
Wednesday, February 25, 2015
Sugar Commodity Price To Sweeten Up / Commodities / Commodities Trading
By: Austin_Galt
The sugar price has been shellacked over recent years but, if my analysis is correct, it is set to sweeten up over the coming months.
Let’s mix it up and begin with the monthly chart.
SUGAR MONTHLY CHART
The lower horizontal line denotes a double bottom stemming from the 2010 low at US$13 and 2014 low at US$13.32. Price has already rallied a little but I expect a bigger reaction off this level.
Thursday, February 19, 2015
Cotton Commodity Price Forecast To Rise / Commodities / Commodities Trading
By: Austin_Galt
The cotton price has experienced a shellacking over recent years so is there any relief in sight for cotton growers going forward? Let’s find out taking a top down approach to the technicals beginning with the yearly chart.
Friday, January 30, 2015
Silver and Other Precious Metals To Manipulate / Commodities / Commodities Trading
By: Dan_Norcini
Here is a quick update for the silver surfers out there.
I mentioned today that the Australian Dollar was taken out to the woodshed and given a sound thrashing. Silver must have been dragged out there as well because it was beaten with the proverbial ugly stick.
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Wednesday, January 14, 2015
Crude Oil Price Collapses and Copper Crashes – Great Recession 2015? / Commodities / Commodities Trading
By: GoldCore
Oil prices fell another 1 per cent this morning and continue their collapse – down 57% in just over 6 months. Copper crashed 8% on the London Metal Exchange, plunging to 5 and a half year lows.
Oil fell to fresh six-year lows and has fallen almost 60 per cent since June 30, 2014 to levels last seen in early 2009 after the 2008 crash (see chart).
February Brent crude dropped another 79 cents to $45.80 a barrel and West Texas Intermediate crude for was at $45.34, down 55 cents. Copper for delivery in three months on the LME dropped as much as 8.7 percent to $5,353.25 a metric ton, the lowest intraday price since July 2009. Nickel slid 4.6 percent and lead fell 3.8 percent to the lowest in more than two years.
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Tuesday, January 06, 2015
Falling Oil Prices and Gold Market / Commodities / Commodities Trading
By: Arkadiusz_Sieron
In the last Market Overview we pointed out some signals indicating that recession may be on the U.S. horizon. There is no doubt that a possible outbreak of the crisis would have important implications for the whole global economy, including of course the gold market. Therefore, it is extremely important to analyze gold performance through business cycle.
Friday, December 19, 2014
The Commodities Market Is Not Dying, It’s Just Hibernating / Commodities / Commodities Trading
By: Submissions
Nicholas Maithya writes:
The price of Gold plunged massively in 2014, especially during the second half of the year and based on the current market sentiment, there are fears that things could get worse over the next few quarters. Other popular commodities like Silver and Oil also followed the same trajectory, with Oil in particular trading at some of the lowest levels in recent history. The various ETFs associated with these assets have also followed the same trend as investors continue to shift investments to the equities market.
Friday, December 12, 2014
Commodities - Is Inflation Oversold? / Commodities / Commodities Trading
By: Gary_Tanashian
First, for all you right minded wording detectives out there, you are absolutely right… inflation is not rising prices and deflation is not dropping prices. Also, deflation is not two measures of a heavily manipulated bond market (chart 1) dropping impulsively. But for the sake of argument, let’s realize that Main Street does indeed call $4 regular at the pump “inflation” and every several years when a scare crops up they call dropping stocks and house prices “deflation”.
Here are some pictures of an over sold ‘inflation’ story, which put another way, is an over bought ‘deflation’ story.
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Thursday, December 11, 2014
Is Fracking the Cause of Slumping Commodities? / Commodities / Commodities Trading
By: Harry_Dent
What is fracking? Fracking is the process of injecting liquid at high pressure into subterranean rocks, fissures, etc., in order to force them open and allow more oil and gas to flow out of the formation, allowing it to be extracted at greater volumes.
Are you aware that fracking stocks are down 40% in just over 5 months? If that doesn’t sound like a bubble about to burst, I don’t know what does.
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Wednesday, December 10, 2014
And On The Seventh Day God Shorted His People / Commodities / Commodities Trading
By: Raul_I_Meijer
And on the Seventh Day, God sold his shares? What do you think, is He short the market? Short oil? Oil does look up a tad, but then the dollar lost about a percent vs the euro, so that definitely feels like a headfake from where I’m sitting. The dollar lost more vs the euro than oil gained against the dollar. Gold and silver have somewhat more solid looking gains, but that’s against the same feverish buck, so what does it really mean? We’ll have to wait and see.
Tuesday, December 09, 2014
Gold, Oil, Copper... Commodities Breakdown / Commodities / Commodities Trading
By: Harry_Dent
I have been commenting on how the CRB commodity index – including oil, gold and copper – have been trading in a sideways pattern for the past three years and that at some point they would break down.
The break down just happened. Oil broke below support at $75 to $80, copper broke below $2.90 to $3, gold broke below $1,180 and the CRB broke below $270.
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Friday, December 05, 2014
Commodities and the U.S. Dollar / Commodities / Commodities Trading
By: Alasdair_Macleod
Each commodity market has its own story to tell: oil prices are falling because OPEC can’t agree production cuts, steel faces a glut from overcapacity, and even the price of maize has fallen, presumably because of good harvests.
In local currencies this is not so much the case. Of course, the difference between prices in local currencies and prices in US dollars is reflected in the weakness of most currencies against the dollar in the foreign exchange markets. This tells us that whatever is happening in each individual commodity and in each individual currency the common factor is the US dollar.
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Tuesday, December 02, 2014
Huge Oil, Gold Silver Price Reversals; Is the Bottom In? / Commodities / Commodities Trading
By: Mike_Shedlock
Gold, silver, and oil put in pretty spectacular reversals today from Friday Noon. Let's take a look.
Friday, November 28, 2014
Crude Oil Collapse, Gold’s Drop and Oil-driven Credit Collapse Worries / Commodities / Commodities Trading
By: Michael_J_Kosares
We all know that the major central banks around the world are on the same page when it comes to inflation: They want it higher. One member of the European Central Bank’s executive board, Yves Mensch, went so far as to suggest that Europe’s central bank might buy gold in an effort to ratchet up the inflation rate.
Today OPEC decided to take no action to stem the glut of oil depressing the price in global markets. The oil price is the chief driver of price inflation, thus with OPEC showing little interest in propping up the price, deflation starts to dominate market thinking. Thus the drop in various currencies – a miserable day for the British pound (the BoE is trying desperately to create inflation in the UK) – and the drop in gold.
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Tuesday, November 25, 2014
U.S. Dollar Near Top? Gold and Silver Trading, Platinum Breakout Invalidation / Commodities / Commodities Trading
By: P_Radomski_CFA
Briefly: In our opinion no speculative positions are currently justified from the risk/reward perspective.
Yesterday was a day when the precious metals market took a breather, but it's not true that nothing changed at all. Friday's breakout in platinum was invalidated. Is this a "short again" signal?
In short, not really, because this signal - even though it's bearish - is not enough to make the situation very bearish on its own.
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Saturday, August 23, 2014
Gold and Crude Oil Price on the Verge of Something Big - Hero's Rarely Win / Commodities / Commodities Trading
By: Chris_Vermeulen
Everyone has been calling for a bottoming Gold the last year. But the fact is that gold and gold stocks are still clearly in a bear market. Just look at the 200 day moving averages. The previous trends were down and prices have been moving sideways for the past year.
A lot of newsletter and analysts are calling a bottom. Technically it's just a consolidation pattern. Consolidation patterns are a continuation pattern, meaning if the previous trend was down, which it was from 2011 till now, the odds favor price will continue lower after this consolidation.
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Friday, August 22, 2014
Gold and Crude Oil Elliott Wave Outloook / Commodities / Commodities Trading
By: Gregor_Horvat
GOLD is falling, now beneath 1279 July low so looks like market is making a new impulse down from around 1322 that can either be wave c) or wave iii) in both cases we see room for a decline to 1255/1260 in the near future. From a bigger point of view we still see chances for a corrective decline from 1345 bullish price action may follow by the end of August, but we need a recovery back above 1302 if not 1319 to confirm a return back to July high.
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Monday, August 11, 2014
Gold, Silver US Stocks and Energy Chart Analysis / Commodities / Commodities Trading
By: Rambus_Chartology
Last week we seen the stock markets go down and the precious metals stock indexes go up for the most part, inverse correlation. Friday the stock markets had a big reversal day with the PM stocks being mostly flat to down. It will be interesting to see how long this inverse correlation holds together.
Lets start with a daily chart for GDM that is showing a falling wedge at the moment that has broken out to the upside with a backtest to the top rail last Friday. The PSAR has been on a buy signal for 3 days now. The MACD and Histogram are still in negative territory while the slow stoch is rising giving us a mixed picture at the present time.