Be Wary Of Deere’s (DE) Trend Reversal

The bears swooped in on Wall Street right at Monday’s opening bell as weaker-than-expected China GDP data sent a wave of worry across equity markets around the globe. Profit taking pressures also returned to the precious metals market at the start of the week, sparking a massive sell-off in gold; the yellow metal dropped upwards of $150 an ounce on Monday, sending the prices well below the $1,400 mark in just a matter of hours [for more market news and analysis subscribe to our free newsletter]. Amid the ongoing tug of war between the bulls and bears, agriculture and forestry equipment manufacturer Deere & Co. (DE) presents an intriguing opportunity at the moment that warrants a closer look from swing traders looking to get a piece of the action on Wall Street.

Posted in Agriculture, Trading | Tagged | 2 Comments

When Goldman Sachs Says Short Gold, It’s Time To Buy

Last week, we reported on Goldman Sachs (GS) slashing its outlook for gold and suggesting investors short the precious metal.  In a letter to its clients, analysts at the company stated “We see risk to current prices as skewed to the downside as we move through 2013. In fact, should our expectation for lower gold prices continue to prove correct, the fall in prices could end up being faster and larger than our forecast.” But given Goldman’s history, it will be difficult for many to trust this sentiment [for more gold news and analysis subscribe to our free newsletter].

Posted in Academic Research, Commodity Trading Outlook, Gold, News and Current Events, Precious Metals | Tagged , , , , | 10 Comments

5 Must-Watch Commodity Earnings This Week

With Alcoa (AA) kicking off earnings season last week, investors will spend the next few weeks combing through quarterly statements from their favorite commodity firms. Though Alcoa beat EPS estimates and saw a healthy net income, revenue fell short, leaving a somewhat mixed feeling for the stock. What is perhaps more important than the reports themselves is the particular outlook that each company provides; 2013 has been anything but kind to commodities and investors will pay extra attention to forecasts for the near future [for more commodity news and analysis subscribe to our free newsletter].

Posted in Copper, Energy, Industrial Metals, MLPs, Natural Gas, News and Current Events, WTI | Tagged , , , , , | Leave a comment

Cotton Fares Well In 2013

While many commodity investors and traders primarily focus their attention on larger natural resources like gold or oil, there are plenty of other opportunities in the space; one of them lies within the soft commodity of cotton [for more commodity news and analysis subscribe to our free newsletter].

Posted in Actionable Ideas, Agriculture, Asset Allocation, Commodity ETFs, Commodity Futures, Cotton | Tagged , , | Leave a comment

Natural Gas Catching Fire

High daily volumes coupled with erratic and sometimes unpredictable movements have given natural gas a big name in the commodity world, along with a reputation as a risky investment. With NG jumping more than 20% year-to-date and still climbing, many analysts are looking for a spark behind these gains, and they’re wondering how long the trend will last [for more natural gas news and analysis subscribe to our free newsletter].

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Caution: Goldman Says Short Gold

While major U.S. equity indexes continue to push into uncharted territory, commodities have taken a backseat so far this year. As investors keep pouring into stocks and increasing their overall risk appetites, safe-haven assets like gold have faltered. Year-to-date gold has dipped just over 7%, while the S&P 500 has jumped over 11% during the same time period [for more gold news and analysis subscribe to our free newsletter].

Posted in Asset Allocation, Commodity Futures, Gold, Precious Metals | Tagged , | 3 Comments

Nucor (NUE) Fights To Stay In Trading Channel

Last week’s disappointing employment report put a dent in the bulls’ confidence; however, the parade has resumed with full force this week thanks to a solid start to earnings season with better-than-expected results from Alcoa. While major equity indexes have resumed their ascent to record highs, the skeptics continue to call for a market top in the face of rising prices. With no major fundamental changes taking place over the last few weeks, it’s difficult to gauge when the long-overdue correction will actually strike, as traders and investors alike have more reasons to buy on the dips rather than take profits [for more market news and analysis subscribe to our free newsletter]. Steel manufacturer Nucor Corporation (NUE) presents an intriguing opportunity at the moment that warrants a closer look from swing traders looking to get a piece of the action on Wall Street.

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Silver Slaughtered By Selling Pressures

As the global economy continues to trudge forward, precious metals have taken quite a hit. Much ado has been made about gold prices making fresh lows and when the right time is to buy the yellow commodity, but its sister metal, silver, has been somewhat overshadowed, as it too has been faced with a fair amount of selling pressure.  This year alone, silver prices have dipped over 11%, with a fair amount of that drop coming in just the last few days [for more silver news and analysis subscribe to our free newsletter].

Posted in Commodity ETFs, News and Current Events, Precious Metals, Silver | Tagged , , | 2 Comments

Backwardation Report: Energy And Grains Face Falling Curves

Backwardation and contango are two phenomena that define the futures industry of the commodity world. Though the terms have come handcuffed with a negative connotation, those who understand how they work should not sweat their existence. Backwardation is the process by which near month futures are more expensive than those expiring further into the future, creating a downward sloping curve for future prices over time. Contango, simply, has the opposite impact [for more commodity news and analysis subscribe to our free newsletter].

Posted in Agriculture, Brent Oil, Commodity Futures, Energy, Soybeans, WTI | Tagged , , | 1 Comment

Earnings Sneek Peak: Alcoa (AA)

One of the biggest names in aluminum production and exploration, Pittsburgh based Alcoa (AA) is one of the best known firms in the commodity world. The company operates in over thirty countries and is only rivaled in size by international firms Rio Tinto (RIO) and Rusal. Falling prey to a struggling industrial sector, Alcoa and many other mining corporations have been feeling the pressure since the recession began in late 2008. With their first quarter earnings report coming up on Monday, all eyes will be fixated on the materials giant [for more metals news and analysis subscribe to our free newsletter]. 

Posted in Aluminum, Commodity Trading Outlook, Industrial Metals | Tagged , | Leave a comment