Global Markets

Foreign Trade Is THE Canary In The Coal Mine

How Donald Trump’s protectionist trade policies (whether tariffs/border adjustment taxes) impact the US economy is really not well understood. And therefore they are hard to realistically value, especially since there is so much at stake and so many disparate stakeholders. We can thus far assume this: Although the proposal for…

Market Update: Adjusting To The New Economic Climate

Each money manager and/or investor has a process that helps them determine when, how and how much to invest. The process that I use starts by looking at whether the United States and/or global economy is expanding or contracting. In other words, I first try to determine whether the global…

Crude Oil Technical Update: Market Bulls Face Hurdles

There’s been very little change in the outlook for crude oil over the past week. Fundamental and technical hurdles remain but from a price perspective, traders are awaiting a major “break” in either direction. Crude Oil Technical Picture West Texas crude oil (WTI) is trading just above $53 per barrel, as it…

U.S. Corn Futures Weekly Outlook: Is The Rally On?

March corn futures moved higher this week, closing up 9 ¼-cents per bushel week-on-week, finishing Friday (2/10) at $3.75 ½. March corn futures (CH7) closed at its highest level since July 13th, 2016. The big question now:  Can the rally continue? WEEKLY MARKET HIGHLIGHTS U.S. Ethanol Stocks Continue to Climb: In…

3 COT Report Charts For Commodities Traders (Feb 3)

The following is a recap of the February 3 Commitment of Traders Report (COT) released by the CFTC (Commodity Futures Trading Commission) looking at Commitment of Traders data and futures positions of non-commercial holdings as of January 31. Note that the change in COT report data is week-over-week. Excerpts of this…

U.S. Corn Futures Weekly Price Outlook: Brazil In Focus

March corn futures moved lower this week, closing down 7 ¼-cents per bushel week-on-week, finishing on Friday (1/27) at $3.62 ½. CH7 showed an inability to close above key price resistance at the 200-day moving average of $3.693, despite trading above that level Tuesday, and faded as a result Wednesday…

Trump, Federal Reserve Weigh On 2017 Market Outlook

The end of 2016 was interesting to say the least for investors. The Federal Reserve finally raised rates by a sliver and the markets trended higher. This all occurred while pundits scrambled to interpret how a Donald Trump win will affect their 2017 market outlook for investors. For the month, the…

Chinese Retail Sales Closing The Gap With US

China Gets Competitive With US Retail Sales For the past several months we’ve seen a lot of headlines questioning growth in China. While those may hold merit, we can rest assured that their growth in retail has been very strong. I shared this on my blog the other day, but wanted…

Netflix (NFLX) Make Big Push To Be “Mobile Friendly”

Netflix Inc (NASDAQ:NFLX) has made a powerful move to become mobile friendly, and the impetus is larger than you might have imagined. The Storyline Netflix is going after the fastest growing part of technology in the world that is mobile video, and it’s doing it aggressively. First, we start with…

Market Gurus: Warren Buffett, Martin Pring, And Bryan Rich

There are lots of ideas out there on what to trade. The trick is synthesizing news-you-can use from the noise. Choosing ideas from market gurus or investing veterans doesn’t make it a sure thing. But listening to ol’ timers…well, there is so much to be learned from experience. And I…