Commodities

S&P 500 Futures Trading Outlook For May 22, 2017

Stock Market Futures Considerations for May 22, 2017 (and days ahead) The S&P 500 (INDEXSP:.INX) has rallied back into the open gap space created by last week’s whoosh lower. This will take some time to work through but buyers should be found at lower levels (read more below). Check out…

Currency Market “Shift” At Play? US Dollar Breaking Key Support

The US Dollar (CURRENCY:USD) has shown strength versus the Euro (CURRENCY:EUR) since 2008, with the “meat” of that strength coming in the last 3 to 4 years. This strength worked as a headwind for precious metals, emerging markets, and at times, the domestic economy. But that market dynamic is at a crossroads… and may…

Energy Sector Update: Are Stocks Nearing A Bottom?

The character of oil and energy stocks has completely changed in May. After a rough start and a full blown liquidation of an energy trading firm, stocks have stabilized along with oil. In fact oil, has had a persistent bid of late. One huge reason to be bearish oil prices…

Crude Oil Trading Update: Bulls Need To Be Patient

West Texas Crude Oil (WTI) is currently marching back towards that $50 level… And with the recent bounce, has seen a failed breakdown. I have seen some positive developments, but Crude will have to over take some overhead supply if bulls want to play ball. As you can see in…

S&P 500 Futures Trading Outlook For May 10

Stock Market Futures Trading Considerations For May 10, 2017 The S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) took a breather yesterday. But buyers should be found just beneath current levels. read more below. Check out today’s economic calendar with a full rundown of releases.  And note that the charts below are from our premium…

Can The Commodity Index Rally Back From The Depths?

Many seem to be talking about the growth/reflation theme that has taken place post election. Did this theme really start improving post election? The chart below would put a little question into the date. Below looks at the TR Commodity index over the past 40-years. The index hit support at…

Gold Bugs: Keep An Eye On The Shadow Fed Funds Rate

This week I thought I would focus on a particularly interesting chart for the outlook for the gold price.  I think it is particularly interesting, because both bulls and bears will be able to take something away from it to suit their case! But I will say, as a pre-warning,…

Macro Investing Trends: 5 Stock Charts To Watch Now

Market trends and rotation occur in both localized (domestic) and global markets. With this in mind, it’s important to understand that we have many investment choices across the globe… and within our own given markets that we tend to follow. Additionally, many of these markets can be used as indicators…

Silver Futures: Smart Money Betting On Another Leg Lower

Commercial hedgers have never had a larger net short position in silver futures. We talk about investor sentiment fairly often in these pages. Of course, sentiment analysis is well known for its “contrarian” nature, i.e., that “fading” the crowd often ends up being the correct move. What folks often get…

Is Silver On The Cusp Of A New Bull Market?

Silver Starting To Shine Again Probably a lot of people look at the longer term chart of silver and the first thing they see is the massive bull market that peaked in 2011, rising over 400% off the 2008 bottom and almost 10x off the early 2000’s bottom.  It’s tempting…