Copper Futures Testing Breakout Level!
Copper prices rallied into early 2018 before giving way to a pullback into late 2018.
That pullback was fairly sharp, but found support.
In today's chart...
U.S. Corn Market Outlook: Are There Catalysts On the Horizon?
May corn futures closed down 1.5 cents per bushel week-on-week, finishing at $3.61 on Friday afternoon.Â
Corn prices remain suppressed, so the question is: Are...
Silver Bear Market Faces Big Price Support Test!
When silver, gold, and the precious metals industry were on red-hot bullish in the 2000's, investors could do no wrong.
You could buy silver at...
U.S. Corn Futures Market Outlook: China-US Trade Talks In Focus
Corn futures closed up 6 cents last week, finishing at 3.63 on Friday.
What is causing the depressed prices in corn futures and will it...
Food Porn: Is it Time to Buy Soft Commodities?
Today, the equities market and many commodities rallied.
Sugar, wheat, corn, soybeans, and cocoa all had significant gains.
A while back, I did a piece for...
Gold ETF (GLD) Elliott Wave Forecast: Downside Move Underway
We haven't written about gold prices for more than a year because for us there weren't any high-confidence forecasts of trending moves. The market...
Tech Stocks Lead Market Surge Into Early April
The S&P 500 (SPX) finished flat but did achieve a 5-month intraday high along the way. It has a strongly bullish intermediate posture according...
Crude Oil Rally Targets $64, Seasonality Bodes Well for Energy Equities
Crude Oil "daily" Chart
I wanted to share a few thoughts on WTI Crude Oil and where prices may be headed over the near-term.
Higher. ...
U.S. Corn Futures Outlook: Prospective Plantings Jolt Market
The market’s attention has been focused squarely on the USDA’s March 29 Prospective Plantings report.
The results of that report are as follows:
2019 U.S....
Gold Price Correction: Targets and Thoughts
Gold has always been a tricky trade.
Day-to-day movements in the US Dollar and back-and-forth statements from the Federal Reserve only add to this.
That said,...