As Corn Futures Prices Surge, Caution Warranted
Today, I share my continued caution to Corn Bulls. Friday’s Commitment of Traders report showed Managed Money long positions...
Copper Futures Testing Major Band of Price Resistance
The broader commodities market is enjoying a multi-month rally that has seen momentum carry over into early 2021. One...
The Stock Market and Media Are Painting 2 Different Pictures
The market digests its recent highs amidst a rush of politically charged news as more riots and a second impeachment dominate headlines.
Stock Market Outlook: Price Action Remains Bullish
The S&P 500 (SPY) finished flat on Tuesday (+0.04%), but it was actually quite a bullish day under the hood; the index...
Where Have All the Silver Bulls Gone?
A week or so ago, silver was all the rage. The talk ranged from an inflation indicator, to the...
Inflation Theme Gathers Steam On Surge In Stocks, Commodities
Last week saw all time high closes for major stock indices such as the Dow Jones Industrial Average, S&P 500 Index and...
Here’s Why Gold Could Be Headed To $3000
In the spring of 2020, I highlighted the potential for a very bullish long-term pattern for Gold. That pattern...
Corn Futures Market Outlook: USDA In Focus This Week
Once again, grain traders find themselves waiting with bated breath on the USDA's much anticipated January 2021 WASDE and Crop Production reports...
The Commodities Rally Hinges on a Euro Breakout!
Over the past year, there has been a lot of buzz about rising equities, the surge in Bitcoin, the strength of gold,...
Oil and Gas Sector (XOP) Flashes Bullish Signal On Breakout
In early December, we noted that we were intermediate term bullish on the Energy Sector and, more...
