Commodities

S&P 500 Futures Trading Outlook For September 25

Stock Market Considerations For September 25, 2017 The S&P 500 (NYSEARCA:SPY) is headed for a lower start to Monday’s trading session.  Below I take a look at key futures trading levels for the S&P 500, Nasdaq, and crude oil. Check out today’s economic calendar with a full rundown of releases. And note that…

Gold / U.S. Dollar Ratio Racing To A Near-Term Peak?

Two of 2017’s major investing themes thus far are the return of Gold (NYSEARCA:GLD) and the prolonged weakness in the U.S. Dollar (CURRENCY:USD). Year-to-date, Gold is up 15.72% while the U.S. Dollar is down 9.57%.  This follows a multi-year decline in Gold and a multi-year rise in the Dollar. The…

S&P 500 Futures Trading Update For September 12

Stock market futures trading considerations for September 12, 2017  The S&P 500 (INDEXSP:.INX) is pointing higher once more on Tuesday. Traders will want to follow the support/resistance levels (and retest levels!) listed below for the S&P 500, Nasdaq, and crude oil. Check out today’s economic calendar with a full rundown of releases. And…

Crude Oil Price Outlook: Risk/Reward Favors Bears

West Texas Crude Oil (WTI) bounced up near $49/$50 last week after holding chart support in the $46 region. But that price area represents strong resistance. And it is showing today as Crude Oil and related ETFs (NYSEARCA:USO) are falling today. Crude prices remains highly volatile from day to day…

U.S. Corn Futures Weekly Outlook: Stocks, Yields In Focus

December corn futures closed UP 1 ½-cents per bushel week-on-week, finishing at $3.56 ¾ on Friday. Corn bulls continue to defend the $3.50 price support area. But they are in need of a script-altering catalyst if prices are to sustain any rally attempt. Fundamentally, the corn market remains mixed. WEEKLY…

Investor Alert: Gold Is The New VIX

  August may be known as the month of Volatility, but September is regarded as the the worst month for stocks. Simply put, August may have the biggest, unexpected volatility spikes from a place of complacency, but September has the largest draw-downs in equities, historically. So what’s at stake, or should…

S&P 500 Futures Trading Outlook For September 7

Stock Market Considerations For September 7, 2017 The S&P 500 (INDEXSP:.INX) continues to float higher but is subject to strong layered overhead resistance. What happens near 2470 on the futures market could be a tell. Below are futures trading levels for the S&P 500, Nasdaq, and Crude Oil. Check out…

Natural Gas Prices Coil As Bullish Seasonality Approaches

Natural Gas (NG) continues to trade in a range-bound manner in 2017. The prompt-month contract peaked on the final trading day of the year of 2016 near $4, but then dipped into the $2.60s in February 2017. It has steadily coiled with higher lows and lower highs as the year…

Is Silver Price Confirming Gold Sentiment?

Earlier this week market participants were exposed to some after hour fireworks – North Korea had launched a missile over Japan. As expected, gold prices caught a bid and stock index futures pulled back. The following day there was sentiment among many social media participants that “the Gold bull market…

Is This Gold Breakout For Real: Watch The Japenese Yen!

There’s been a lot of discussion recently of the breakout in gold prices. The yellow metal had been trading in a range for the last several months, seeing resistance just under $1,300/oz and support at $1,220/oz. While I do believe the breakout is encouraging and does align with seasonality for…