Corn Futures Reverse Lower On February WASDE Report
CORN WASDE REPORT HIGHLIGHTS:
The USDA lowered 2020/21 U.S. corn ending stocks to 1.502 billion bushels, down just 50 million bushels versus January. This compares...
Bitcoin Bullish Flag Breakout Points Higher
Now that Bitcoin has had a month to consolidate a bit it appears to be poised for a breakout to new highs.
The chart below...
Corn Price Volatility To Continue As Traders Weigh U.S. – China Data
March corn futures traded down to a day low of $4.92 ½ on Monday, a 49-cents per bushel break in just 7-trading sessions versus...
Corn Futures Rally Fueled By Money and Media Machine
To say the corn market ended 2020 on a “high note” would be a gross understatement considering March 2021 corn futures traded up to...
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...
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 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...
Social Media Ushers In New Era Of E-Commerce
"You don't have to start from scratch to do something interesting" - Jack Dorsey
Over the past decade, social media giants have been able to...
Copper Bulls Getting Greedy As Price Reaches Resistance
Copper has rallied in a straight line higher for the past several months. But this rally may be overheating right now!
In today's chart, we...
Is Gold Price Decline A Golden Opportunity For Traders?
Investing in gold, either gold producers or bullion, has never been easy.
Of course we are not counting the “gold bugs” who believe anytime is a good time...
