Commodities

S&P 500 Futures Trading Outlook For August 25th

Before we get into the details of today’s trading action and the S&P 500 futures trading outlook, let’s start with a broad stock market overview. The S&P 500 Index (INDEXSP:.INX) steady drift down into the bottom of the market’s broad range saw several failed bounces. Some say this is just the stock…

S&P 500 Futures Trading Outlook For August 24th

S&P 500 Futures Trading Outlook for August 24, 2016 – As with yesterday, the morning finds us just above congestion at 2186 on S&P 500 futures. Charts continue their bullish slant but under damp momentum. A breach above 2187.75 may only take us to the top of the range near…

S&P 500 Futures Trading Outlook For August 23rd

Macro Trading Outlook for S&P 500 Futures – August 23, 2016 Early morning finds stock market futures up a bit and battling congestion. S&P 500 futures are just above congestion at 2186, as charts hold their bullish slant. A breach above 2187.75 may only take us to the top of…

Crude Oil Futures Seasonality: September Brings Uncertainty

Oil prices have been trading on fire lately. In fact, Crude Oil futures are up 7 trading sessions in a row ending Friday 8/19. This has put multi-year highs back in sight near $52. Friday’s last trade came in at $49.12. How about crude oil futures seasonality? That’s debatable and…

S&P 500 Futures Trading Outlook For August 22nd

S&P 500 Futures Outlook For Traders (Broad Overview) for August 22, 2016 – After an absence of several days in the market, I returned to see charts just as range bound. Typical summer trading behavior. Perhaps traders are waiting on the election, or some other market moving news. But whatever the…

Grain Prices Looking To Find A Nearby Bottom

The reasons are mounting for a nearby low in grains, namely the price action. The guys from Trading On The Mark discuss what to look for when asking, will grain prices bottom soon?  As with most commodities, grain prices have been following a generally downward path since 2012. However, there are…

S&P 500 Futures Trading Outlook For August 17th

S&P 500 Futures Trading Outlook for August 17, 2016 (Broad Overview) –  With the FOMC minutes release today, the stock market should remain a bit quiet into the release. We began the morning essentially flat but have since turned negative. S&P 500 futures failed at 2181 so that will serve as…

S&P 500 Futures Trading Outlook For August 15th

Stock Market Futures Outlook for August 15, 2016 – S&P 500 Futures Push Higher, But In The Face Of Slowing Momentum. Traders have pushed the price action higher once more, as S&P 500 futures trading August 15 works on a breakout over 2184.5. Momentum continues to be unimpressive, but holding. So…

Why Platinum & Palladium Are Primed For Reversals

Technicals and Sentiment Back Up Potential Platinum & Palladium Price Reversals. Recently, I have partnered with Arun Chopra, an experienced investor and good friend who holds a CFA and CMT. Together, we have been blending longer-term fundamental indicators with technical indicators to do historical studies. The content here is from…

Gold Prices (NYSEARCA:GLD) Pushing On Key Resistance

Gold prices have been on a tear this year. But the yellow metal is presently encountering a potential Gold price resistance stemming from the 2011 highs. Specifically, we are looking at the popular SPDR Gold Shares ETN (NYSEARCA:GLD). Following more weak U.S. economic data on Friday, the U.S. Dollar sold off and,…