Energy Market: Positive Seasonality For Oil And Gas Nears End
It has been a wild ride for energy commodities in the last month. After a continuation of a dismal bear market into early 2016,...
Weekend Update: Gauging Sentiment For Stocks And Gold
Market Overview:
Frustration is a common feeling to experience in trading. Shorter term traders can experience it on an intraday basis and for slightly longer...
Stock Market Futures Rally Higher: Bulls Back At Resistance
March 11 stock market futures are rallying back aggressively after a steep pullback yesterday. We currently sit in the same place as we did...
Tactical Breakout In Soybean Meal Underway
In the Soybean Meal market, commercial hedgers are maintaining their largest net long position in history.
This, combined with public sentiment sitting near multi-year lows...
Crude Oil Price Support And Resistance Pivots For This Week
WTI Crude Oil has now rallied around 40% since bouncing off the 1st Yearly Support Pivot Point last month. If you missed it, I...
Coffee Futures Update: Big Rally Coming If Lows Hold
If you follow coffee futures, you know that it has been a frustrating year. Rallies have been stifled and price has fallen in a...
Gold Rally Update: Be Careful With The Yellow Metal Here
Early this year, I postured that 2016 could see some mean reversion in the beaten and downtrodden stocks and sectors. Well, that has happened...
Stock Market Futures Firm As Traders Take In Jobs Report
The outlook for stock market futures is a bit uncertain today as it is likely to be affected by the jobs report, as well...
S&P 500 Futures Consolidating Near Important Price Level
A rising wedge developed overnight in S&P 500 futures trading. A test of support below is likely – targeting the 1968.5 to 1964.5 zone.
If S&P...
Stock Market Futures Mixed After Big Rally
Wednesday morning is seeing mixed action across stock market futures after Tuesday's big rally. Yesterday’s price action was unique in the near term as...