Category: Commodities Trading
The analysis published under this category are as follows.Friday, June 17, 2011
Cocoa Drop Pauses at Multiple Support Area / Commodities / Commodities Trading
The fall back in Cocoa prices from a multi-year peak in early March recently found interesting Fibo support which the market seems reluctant to break through – is a temporary recovery just round the corner?
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Tuesday, May 31, 2011
Silver, CRB Summer Trend Forecast, Goldman Sachs Bullish on Commodities, Should You Be Worried? / Commodities / Commodities Trading
In the case of Richard Russell the answer is certainly not. This is because Richard Russell is right most of the time, especially over the longer-term outlook, despite, or perhaps because of being an octogenarian (in his 80's). Of course nobody is right all of the time, not even Maund, so he could be wrong and so could I. Russell's scenario for the Summer is set out in this brief but interesting blog on King World News. With regards to Goldman Sachs the answer is a little more complicated. With them it is crucially important to distinguish between their clients and the world at large which they sell stuff to.
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Thursday, May 26, 2011
Base Metals Jump Up On Euro Zone’s Debt Concerns / Commodities / Commodities Trading
Gold Futures gained on Wednesday’s trading session as the US dollar rebounded after reaching its highs making base metals attractive for investors. Silver futures contract also jumped 3 percent in today’s rally.Gold futures contract for June delivery gained 0.40 percent or $5.50 to $1,528.80 per ounce in Comex trading session of New York Mercantile Exchange. The contract reached its low of $1,521.30 per ounce when the greenback surged.
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Friday, May 20, 2011
Commodities Risk Trade / Commodities / Commodities Trading
Commodities prices have been exceptionally volatile in recent weeks, with big daily rallies and plunges intermingled. Seemingly without rhyme or reason, commodities surge one day as traders crave riskier bets but then fall the next as they flee risk. While this commodities risk trade often looks capricious and schizophrenic, it actually has a logical and consistent driver. The state of the stock markets.
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Thursday, May 19, 2011
In the Face of Finite Resources, It's Time to Think About "Peak Everything" / Commodities / Commodities Trading
Jeremy Grantham, Chief Investment Strategist, GMO LLC writes: If you are a true long-term investor, the time has come to change your entire frame of reference - to recognize that we now live in a different, more-constrained world in which the prices of our finite resources will rise and shortages will be common.
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Wednesday, May 18, 2011
Is the Glencore IPO Signaling a Crash in Commodity Prices? / Commodities / Commodities Trading
Shah Gilani writes: Super-secretive Swiss-based commodities trading giant Glencore International AG is going public. The Glencore IPO shares will be priced today (Wednesday) and could begin "conditional trading" in London tomorrow (Thursday).
As currently planned, unconditional trading will begin in London on May 24 and in Hong Kong on May 25.
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Tuesday, May 17, 2011
Global Population Growth Means Commodities Are Going Much Higher / Commodities / Commodities Trading
Martin Hutchinson writes: If you read the newly released United Nations report on global population trends, you can reach only one conclusion about the long-term outlook for global commodity prices.
They're going higher.
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Monday, May 16, 2011
Rhodium and the Silver Crash of 2011 Contagion / Commodities / Commodities Trading
RHODIUM TRADING THOUGHTS is about timely and profitable trading of precious metals. We do not believe every turn in the market can be called. Our goal is that our recommendations should be profitable. Profits are the goals, not trades. Do not expect all recommendations to be profitable. No system can achieve that lofty goal. Our goal is simply to state whether conditions for a metal are favorable or not. Buy signals are issued when appropriate.
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Wednesday, May 11, 2011
Euro Breakdown Bodes Well for Commodities / Commodities / Commodities Trading
The world is entering another financial crisis spurred first by debt and secondly by weak currencies. Recently, Greece has reached tipping point in its austerity measures, hoping that the European Union led by German policy makers will send bail out dollars their way.
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Tuesday, May 10, 2011
Commodity Market Corrections / Commodities / Commodities Trading
David Galland, Managing Director, Casey Research writes: Today I’d like to share a couple of thoughts on the matter of the correction in commodities about which we have been so vocally warning, and which has now occurred.
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Tuesday, May 10, 2011
Investors Don’t Turn Out the Lights on Commodities Just Yet / Commodities / Commodities Trading
The prices for many commodities suffered the worst week in recent memory last week. Oil prices dipped below $100 per barrel, gold fell below $1,500 an ounce and silver gave back much of the past month’s gains by falling to the $35 an ounce level. The prices for other commodities such as sugar, tin, nickel, aluminum, lead and copper also pulled back.
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Monday, May 09, 2011
Commodities After The Crash, No Way But Up / Commodities / Commodities Trading
After a suspiciously short and likely programmed commodities crash we can only have the right hand leg of a "V" profile for commodity prices - until and unless big things happen with the major currencies and national debt crises of most OECD countries, or we have a global economic crash. To be sure, this is the context for highly classic speculative frenzies, where fundamentals are put on the back burner, and the front burners are turned to full on.
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Thursday, May 05, 2011
Commodity Markets, Renewed period of bad news = good news? / Commodities / Commodities Trading
Renate van Ginderen writes: Generally, investors remain very bullish on commodity markets. No surprise there - the Fed is still inclined to pursue an extraordinary loose monetary policy. Should macro-economic data deteriorate in 2011, however, this could still be interpreted as positive to asset prices as in that case the Fed will be more likely to opt for a new round of quantitative easing. Therefore, one can expect upward pressure on commodity prices over the coming weeks to months, albeit probably with an intermediate correction, as explained below.Read full article... Read full article...
Monday, April 18, 2011
Cotton Commodity Challenging Key Support Now / Commodities / Commodities Trading
The powerful upmove in Cotton #2 hit a temporary high in March, coinciding with Fibonacci projections. After a period of consolidation attention is on a key support area, below which a pullback phase should be initiated.
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Thursday, March 31, 2011
Gold and Oil Climb as U.S. Dollar Rally Stalls / Commodities / Commodities Trading
Gold and oil prices were higher in late Thursday (March 30) trade as investors took a renewed interest in commodities following an early week rise in the value of the US dollar.
One ounce of gold currently fetches $1,425.90 in late night New York GLOBEX trade. This is up over $7 from Tuesday’s close at $1,418.70.
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Friday, March 25, 2011
Cocoa Nearing Interesting Short Term Support / Commodities / Commodities Trading
The recent bull move in Cocoa (ICE) achieved a new multi-year high, but so far the higher levels have not been sustained. The subsequent pullback has now neared technical support which could at least prompt a s/term recovery.
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Saturday, March 19, 2011
Wheat, Sugar, Corn, Coffee, Orange Juice... Commodities Trading Where Next ? / Commodities / Commodities Trading
EWI's FreeWeek is Here! Get full FREE access to Elliott Wave International's most popular commodity forecasting service, edited by Senior Analyst and trading instructor Jeffrey Kennedy. Now through noon (Eastern Time) March 23, you get the hottest daily, weekly and monthly commodity opportunities, complete coverage of up to 18 markets through video analysis and clearly labeled charts, plus practical real-world trader lessons, tips, tricks and more! Access FreeWeek now!
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Saturday, March 19, 2011
Reflections on the PPI and the Commodity Bubble / Commodities / Commodities Trading
Here is a pair of interesting charts showing the correlation between the Canadian and Australian dollar vs. the price of West Texas Intermediate crude.
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Friday, March 18, 2011
Sugar Turns More Negative After 76.4% Resistance Test / Commodities / Commodities Trading
In our last Sugar Update we were looking at potential resistance from a long term Fibonacci level. So far the reaction around this has been negative and now there are further reasons to expect continued weakness.
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Thursday, March 17, 2011
Top Commodity Picks, Comprehensive Video Analysis, & Practical Trading Lessons! / Commodities / Commodities Trading
EWI's FreeWeek is Here! Get full FREE access to Elliott Wave International's most popular commodity forecasting service, edited by Senior Analyst and trading instructor Jeffrey Kennedy. Now through noon (Eastern Time) March 23, you get the hottest daily, weekly and monthly commodity opportunities, complete coverage of up to 18 markets through video analysis and clearly labeled charts, plus practical real-world trader lessons, tips, tricks and more! Access FreeWeek now!
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