The commodities markets are known for their high volatility, driven by a combination of market rumors and factual reports. While many day traders base their decisions on technical trends, savvy commodity traders also incorporate factual fundamental reports into their research to ensure that they are on the right side of the trade at all times. In this article, we’ll take a look at the three most important reports that every commodity trader should know. We will show traders where to find each report, outline what the reports contain, and demonstrate the best ways to use these reports to maximize risk-adjusted returns [for more commodity news and analysis subscribe to our free newsletter].
A number of markets not limited to the indices and Crude but as examples have reached critical technical levels as a decision on the next legs should take place very soon. Avid followers know I am calling for a further reduction in both aforementioned markets. The 100 day MA continues to act as a magnet as for pricing in the front month Crude contract. On any spikes as long as prices stay below $104 I remain bearish with my target still at $97.50. My take is when prices breach $100 we should experience a fairly violent trade lower…just saying. It appears heating oil is on the verge of breaking the 100 day MA as well while RBOB is still 25 cents above that pivot point. More downside to come in this complex is my take. Natural gas is below $2 a prediction I hinted at several weeks ago. I have yet to issue a buy rec and … See the full story here
This article originally appeared on ETFdb.com Global X, the New York-based ETF behind a number of funds offering exposure to various subsets of the global food industry, announced the latest expansion to its product lineup today with the launch of the Global X Farming ETF (BARN). The product marks the 34th fund in total from the company and follows on the heels of several other food-focused ETFs from the company, including the Fertilizer/Potash ETF (SOIL), Food ETF (EATX), and Fishing Industry ETF (FISN). Add in the company’s Waste Management ETF (WSTE), and investors can now gain access to every aspect of the food cycle via exchange-traded products.