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,...
Virtual Reality in the Crude Oil Market
VA few months ago, I had my first experience with a virtual reality headset when a friend and I played his VR NBA 2k...
Copper Miners (COPX) Stock Correction May be Complete
In November, we suggested that readers might wait for a shorting opportunity that was visible on the horizon for the copper mining ETF.
At that...
Cracks Emerge as Stock Market Rally Faces Tests
Investing Outlook Highlights:
Federal Reserve Counseling Patience but Market Looking for Cuts; Economic Confidence Being Tested
Excessive Stock Valuations Could Dampen Returns
Household Equity Exposure Still Elevated
Small-Caps...
3 Energy Stocks That Are Breaking Out
On Monday, we sent out a bullish note and news on Crude Oil and the Energy space.
Today, I want to follow up on that...