Global Markets

Teucrium Agriculture ETFs: Bottoms Up or Bottoms Down?

The longer the US Dollar Index remains at or near 100, the more difficult it will be for the common grains (Corn, Soybeans, and Wheat) to put in a bottom. As I’ve mentioned before, Corn’s chart looks the best but time and price are beginning to wear on investors. Wheat and Soybeans continue to trade near their respective lows, but recent rallies have offered a little breathing room. Let’s walk through

Relative Strength Breakout For Emerging Markets (EEM)?

For the past 5 years, the Emerging Markets have been caught in a sideways price channel. And the net result has been an outsized underperformance of the broader market. But 2015 is a new year and it appears that the iShares MSCI Emerging Markets ETF (EEM) is trying to reverse its fortunes. This will likely hinge on whether or not it can hold its recent relative strength breakout from a falling wedge pattern

Is The Energy Sector ETF (XLE) Ready To Breakout?

One of the hottest topics in the market today is the energy sector and Crude Oil. And today the Energy Sector ETF (XLE) is nearing a breakout. Below is a weekly chart of the Energy Sector ETF with the 50-week Moving Average and the trend line support going back to 2010. Key takeaways: Trend support has become resistance and price is approaching this previously key trend line. Momentum has already

Slowing Global Growth A Headwind For US Economy

Over the last six months I have taken the position that global growth has been slowing and that it will result in slowing growth here in the United States. Keep in mind that I am not saying that the US economy is going to enter into a recession. Instead, I am referring to the rate of change and the slope of the growth curve. Growth slowing means that the economy

Brazil ETF (EWZ) Overbought: Can It Hold Above 50 Day MA?

After rebounding convincingly from the 30 level, the iShares Brazil ETF (EWZ) is overbought for the first time this year. Over the past 9+ months, the combination of a drop from overbought territory (on the RSI) and a short-term peak in the Rate of Change (ROC) has proven to be a favorable place to get short or tighten stops on existing long positions. What would make me think this EWZ rally

Chart Of The Day: China ETF (FXI) Breaks Out To 7 Year Highs

Since the 2009 bottom, US equities have outperformed most of their global peers. One of the underperforming laggards has been China. And using ETFs as comparables, the ishares China ETF (FXI) simply moved sideways in a wide range for most of the past five years. That is, until 2015. Since last spring, the China ETF has been on a tear, rising over 50 percent. And that rally found sunny skies this

Crude Oil Futures: Intraday Price Swings Nearing Manic

As a trader, I monitor all things markets and have likely traded all things markets at some point. This week, I dabbled in Crude Oil, trading a few times in the United States Oil Fund (USO). The positions were small and short-term in nature. Nothing out of the ordinary. But after watching Crude Oil futures tick by tick this week, I’m starting to feel sea-sick. In sum, the price action has been borderline manic.

ETF Trends Review: SP 500 (SPY), Gold (GLD), and More [VIDEO]

Another month is upon us so it’s a good time to take a look at what’s been happening in the ETF space of the markets. In our April monthly ETF trends review video, I talk about some key ETFs to monitor within the context of current trends going on in the markets. Investors will want to stay on top of these themes as we head into the second quarter of 2015. The S&P

Emerging Markets (EEM) A Mixed Bag In 1st Quarter 2015

A stronger U.S. Dollar has weighed on the economies of many Emerging Markets, and in turn, levied some damage to EM equities as well. But most of the damage was doled out in the back half of 2014 when it became apparent that the U.S. Dollar rally was for real. So how are the Emerging Markets looking? In the 1st quarter, the broad-based Emerging Markets ETF (EEM) managed to hold above