After Corn Report Misses, USDA Needs “Reset” In 2021
2020 by most accounts is a year most people will be happy to turn the page on. This also likely includes the United States...
Gold and Silver Prices Rising Higher Into Holidays
A weak US Dollar and uncertain economic and geopolitical environment are providing reasons to stay long precious metals. And more important then that is...
Crude Oil Nears Trading Top, Price Correction Looms
In parallel with our suggestion that equities could be forming a top this month, we believe crude oil futures (CL) are due for a correction...
Copper/Gold Ratio vs 10-Year Yields: Time To Play Catch Up?
Commodities prices have been very strong for the past several months. And this has many investors eyeing the prospects of a new wave of...
Bitcoin Surges, Rally Targets $25120, Then $36000
Bitcoin has emerged from a multi-year trading base, breaking out to all-time highs. Though the breakout still needs to see follow through buying, bitcoin...
Gold Futures Reverse Higher, Eyes On $1880
The price of gold futures has pulled back to its 200-day moving average. This area has provided recent support and may trigger a short-term...
Are Corn Futures Traders Too Bullish?
The latest Commitment of Traders Report showed the Managed Money long in corn at +269,585 contracts as of the market closes on December 8th....
Bull Market Powers Higher, Crude Oil Breaks Out
Stocks are moving higher in early trade on Monday, as investors cheer on the first round of vaccine rollouts. Currently, the S&P 500 is...
Gold Futures Hold 200-Day Moving Average, Rally Time?
I have been bullish gold for most of this year. But even a bullish trend has swing "buys" and "sells".
In today's chart, we can...
Stock Market Remains Elevated On Strength of Energy, Industrial Stocks
Despite weakness on Tuesday, the broad stock market indices remain near all-time highs. The Energy (XLE) and Industrials (XLI) sectors are leading the charge...