Game Over For Energy Stocks? Important Tests For $XOP and $OIH
There haven't been many places to hide during this year's stock market correction (bear market?).
And one of the last hiding places could be in...
Double Top Deja Vu: Are Copper Prices Peaking?
Commodities have been an important theme within the financial markets and economy for several months. The price rally has ushered in inflationary winds not...
Commodities Index Ready To Break Out? Watch Australian Dollar!
In the commodity-currency correlation department, commodity bulls know that a strong Australian Dollar is a tailwind for commodities.
Today, we look at both - The...
Gold Futures Higher, Price Targets at $2050 and $2177
The CPI report came in inflation-hot and this is triggering a trading buy signal for gold as it heads higher.
Gold is breaking out of...
Is Copper Reversing Lower? Elliott Wave Peak Potential
With so much turbulence in the world right now, we wanted to highlight a bearish Elliott wave scenario for the copper market, which is...
Gold or Rubles? A Pickle Worth Exploring
Financial sanctions weighing on Russia are sending up red flags around the globe. The seizing of Russian foreign reserves and eliminating access to SWIFT...
Commodities ETF Forms Wedge Pattern, Big Move Coming?
Commodities came into March like a lion and went out like a lamb.
Even so, the price of several commodities remains elevated and pressuring an...
If Australian Dollar Breaks Out, Commodities May Scream Higher!
Over the past 11 years, the Australian Dollar has been in a downtrend. Today's chart highlights its falling channel marked by each (1).
Could we...
Is Crude Oil Creating Historic Bearish Price Reversal?
The Ides of March are in full effect. Investors have been rocked by war, inflation, and financial markets volatility.
At the center of all of...
Are Steel Prices On Cusp of a Major Breakout?
Over the past several months, we've shared a lot of commodities charts and highlighted the economic theme of inflation.
Well, inflation is here. Now...
