Commodities

U.S. Stock Market Update: Financials & Tech In Focus

Investors are seeing minor gains across most world stock market indices this morning.  The S&P 500 Index (INDEXSP:.INX) is inching higher ahead of the FOMC today, which is largely expected to be a non-event. The All-World index is mostly unchanged over the last 5 trading days. While the Financials Sector…

Natural Gas Volatility And Its Impact On US Power Markets

Much has been made of the perceived decline in volatility in Natural Gas and power prices in the last few years. When LMPs (Locational Marginal Price of power) and natural gas prices are generally low versus historical norms, natural gas tends to be the LMP-setting mechanism on a macro level…

S&P 500 Trading Update: Overhead Price Resistance Looms

Stock Market Futures Trading Considerations For July 20, 2017 The S&P 500 Index (INDEXSP:.INX) is set to open slightly higher but traders should note the overhead resistance levels that may stall this move today. Key futures trading levels and analysis are located below for the S&P 500, Nasdaq, and Crude…

U.S. Financial Markets Update: Investors Eyeing Europe

The past month has seen assets gain in price, despite an increase in investor anxiety due to comments from the European Central Bank (more on that below). In the U.S., tweets continue to be plentiful while new legislation remains scarce.  Yet despite these interesting times, the economy continues to grow…

S&P 500 Futures Trading Outlook For July 14, 2017

Stock Market Futures Trading Considerations For July 14 Stocks continue to float higher as the S&P 500 (INDEXSP:.INX) eyes new all-time highs. For now, the June highs will serve as resistance. See key futures trading levels for the S&P 500, Nasdaq, and crude oil below. Check out today’s economic calendar with a…

Timing The Market Top

Janet Yellen gave testimony to Congress today which caused equity, bond and gold futures to all rally. At the end of the day, the S&P 500 (INDEXSP:.INX) was up +0.73%, with the 20+ Year Treasury Bond ETF (NASDAQ:TLT) up +0.69%, and Gold (NYSEARCA:GLD) settling back near even. Although her comments…

S&P 500 Futures Trading Outlook For July 12

Stock Market Futures Considerations For July 12, 2017 The broader market is perking up this morning and looking to push past resistance. The S&P 500 (INDEXSP:.INX) is looking to breakout over 2432. Charts with key futures trading levels for S&P 500, Nasdaq, and Crude oil are below. Check out today’s economic…

Natural Gas ETF (UNG) Looks Ready For Summer Rally

We are watching natural gas prices very closely right now. The technical picture makes a strong case to expect a reversal and summer rally soon. Here we use the chart of United States Natural Gas Fund (NYSEARCA:UNG) to show the two competing scenarios we’re monitoring. As of this writing, price…

Silver Price Action Forms Bullish Wick Off Weekly Lows

Precious metals like Silver and Gold endured another week to the downside. The beginning of summer hasn’t been kind to precious metals, seeing Silver and Gold fall uniformly despite weakness in the U.S. Dollar. That said, Silver may have produced a reason for hope late last week… Looking at the…

Financial Markets Trading Update: 5 Charts To Watch

Traders returned on Wednesday to see fractional gains in across the various global equites markets. Domestically, trends remain very much neutral for the S&P 500 (INDEXSP:.INX). Deteriorating sectors like Technology have not had much effect on the S&P 500 thus far… this likely due in part to Financials breaking out…