Commodities

5 Charts For Global Investors: Key Market Trends

It’s time for another set of 5 macro technical charts to watch as we move further into the month of January (including stock market indices, sectors, individual commodities, currencies, bonds, and other benchmarks and market indicators). This chart review will look at technical price developments.  And even if you’re not technical analysis minded…

US Dollar Oversold, But Weakness Extends Commodities Rally

The US Dollar Index’s decline to start 2017 could prove important for the near-term, as we’ve seen a decent bounce in commodities that looks to have some trading “legs”.  On a short-term basis, that may mean further strength for select commodities in the next 2-3 trading days. The US Dollar index…

S&P 500 Futures Trading Outlook For January 13

Stock market futures considerations for Jan 12, 2017 Yesterday, the S&P 500 (INDEXSP:.INX) tested the edges of deep support. However, we still held the current pattern of buying weakness. Our candlestick bodies on 4hour time frames remain landlocked. See today’s economic calendar with a rundown of releases.   TODAY’S RANGE OF MOTION – Stock…

S&P 500 Futures Trading Outlook For January 12

Stock Market Futures Outlook for January 12, 2017 – The S&P 500 (INDEXSP:.INX) is landlocked for the seventh day, and though we extend ourselves over the edges for a moment during the day, we are quickly seeing that strength is being sold and weakness in being bought. This is a…

S&P 500 Futures Trading Outlook For January 11

Stock Market Futures Outlook for January 11, 2017 – Range bound behavior continues for stock market futures (and S&P 500 futures) into the news conference scheduled today. Our levels for expansion and contraction remain the same as yesterday. Buying pressure will likely strengthen above a positive retest of 2271.50. And selling pressure…

5 Charts For Investors: Around The Global Financial Markets

I’m back with another set of 5 macro technical charts to watch as we move further into the near year (including stock market indices, sectors, individual commodities, currencies, bonds, and other benchmarks and market indicators). This chart review will look at technical price developments.  And even if you’re not technical analysis minded…

S&P 500 Futures Trading Outlook For January 10

Stock Market Futures Outlook for January 10, 2017 – After posting new highs, the S&P 500 (INDEXSP:.INX) chart has retreated but still holds above key support. For futures trading, that key support level is 2268. The trend is still bullish meaning the bounces off support are likely to hold. Earnings releases…

Watch Those 2017 Crude Oil Trading Pivots!

Crude oil futures trading in a wide, volatile range in 2016. But traders that knew where the pivots were likely found great success. So as 2017 kicks off, it’s probably a good idea to understand where the 2017 crude oil trading pivots are! But first, 2016 in review… In 2016,…

S&P 500 Futures Trading Outlook For January 5

Stock Market Outlook for January 5, 2017 – The S&P 500 (INDEXSP:.INX) pushed higher yesterday but traders failed to breach and hold a key level. On S&P 500 futures, that level is 2267.75.  And after putting in a lower low on 12/30 this suggests that we have sideways to downside action…

Is Gold Bottoming? The Case For Another Leg Higher

After reaching up near $1400 this summer, Gold prices have declined almost 20 percent. The bear market is now over 5 years old and many investors are beginning to wonder how low Gold may go? Nobody has the answer, but if math and psychology “work” here, it may be nearing…