Caterpillar (CAT) Poised To Rebound Off 200-Day Moving Average

Bearish pundits are scratching their heads and pulling their hair as the bull train continues full steam ahead on Wall Street even after last week’s choppy sell-off. Major equity indexes at home and in the European currency bloc marched to fresh multi-year highs on Tuesday; eager buyers are shrugging off looming threats including the sequester drama in Washington D.C. that may very well inspire a steeper correction as the end of March approaches [for more market news and analysis subscribe to our free newsletter].

Posted in Commodity Trading Outlook, Commodity Trading Trends, Trading | Tagged | 1 Comment

BHP Billiton (BHP) Fights To Stay In Trading Channel

Much to the bears’ frustration, last week’s profit-taking wave was very short lived despite the countless experts who continue to call for a market top every time equity indexes post a fresh high. Although bargain buyers have been quick to step in at every pullback, this recent sell-off may hold more weight from a technical perspective. Last week’s bearish pressures dragged the S&P 500 Index below the 1,500 mark, which is a psychologically important support level. Failure to settle above this level in the coming days could welcome accelerating selling pressures, which should pave the way higher for gold; gold is still struggling to recover from its steep losses over the past two weeks  [for more market news and analysis subscribe to our free newsletter].

Posted in Commodity Trading Outlook, Commodity Trading Trends, Industrial Metals, Trading | Tagged | 1 Comment

Trade The Channel In Deere & Co. (DE)

The bull train continues full steam ahead on Wall Street much to the bears’ growing frustration. Major equity indexes are still relentlessly climbing higher, posting fresh multi-year highs by the day it seems. Every minor pullback on the stock front has welcomed buyers, showcasing the sheer euphoria permeating the marketplace, which is rightfully making some worried that a steep correction is lurking just around the corner. Commodities overall continue to drift lower as the strengthening U.S. dollar is keeping a lid on spot prices [for more market news and analysis subscribe to our free newsletter].

Posted in Agriculture, Commodity Trading Outlook, Commodity Trading Trends, Trading | Tagged | Leave a comment

Trade The Swing In British Petroleum (BP)

The bears’ frustration has only intensified over the last week as equity markets continue to ascend higher with no clear resistance in sight. Selling pressures did resurface briefly on Wall Street after investors digested commentary from European Central Bank President Draghi who noted that the euro’s recent strengthening in the currency market could hinder the currency bloc’s already sluggish recovery. Last week’s U.S. dollar rally kept a lid on commodity prices across the board; ags took the worst beating while gold failed to take on safe haven appeal once again [for more market news and analysis subscribe to our free newsletter].

Posted in Commodity Producers, Commodity Trading Outlook, Commodity Trading Trends, Energy, Trading | Tagged | 1 Comment

Silver’s Bull Run Nears Resistance

The bull parade continues on the equity front as investors have been hesitant to take profit even after Wall Street’s massive run-up at the start of 2013. Commodities, on the other hand, have lagged behind across the board as improving confidence over the global recovery has prompted many to jump into riskier assets, with upbeat earnings results further driving equity inflows. While precious metals may continue to face headwinds as optimism takes its toll on the safe havens, industrial metals like silver could have brighter days ahead as a turnaround in the global economy implies growing demand for raw materials [for more market news and analysis subscribe to our free newsletter].

Posted in Commodity ETF Analysis, Commodity Trading Outlook, Commodity Trading Trends, Silver, Trading | Tagged | Leave a comment

Beware Of The Falling Knife: GDX Technical Update

Major U.S. equity indexes have managed to hold on to gains thus far in the new year, surprising countless traders who were convinced that the “fiscal cliff” resolution rally would be short-lived. The picture isn’t entirely rosy, however, given the growing probability of a pullback on Wall Street. With no major economic data releases taking place on the homefront this week, investors will turn their focus to corporate earnings, which could serve as a harsh reminder of the sluggish economic recovery at hand [for more market news and analysis subscribe to our free newsletter].

Posted in Commodity ETF Analysis, Commodity ETFs, Commodity Trading Outlook, Commodity Trading Trends, Gold | Tagged | Leave a comment

Gold Slowly Losing Steam: GLD Technical Take

The last minute cliff-aversion deal in Washington D.C. set up major equity indexes for a truly impressive start to the new year. Gold, on the other hand, has kicked off 2013 with a sour string of losses, as growing risk appetites and recent comments from the Federal Reserve have taken their toll on the safe haven yellow metal. While the first few trading days are often said to be predictive of the entire year, we feel that gold prices may come under more pressure for reasons beyond historical coincidences [for more market news and analysis subscribe to our free newsletter].

Posted in Commodity ETF Analysis, Commodity ETFs, Commodity Trading Outlook, Gold, Trading | Tagged | Leave a comment

Exxon Mobil (XOM) Setting Up For A Rally

Major equity indexes continue to drift higher despite unresolved drama in Washington D.C., which has led many to wonder just how serious the next sell-off may be if Congress fails to strike a deal on time. Amid the doom and gloom, however, there is a silver lining; upbeat U.S. employment data from last week and a rebound in China factory orders are two signs that the global recovery remains underway. With a slowly but surely improving outlook on the horizon, the beat down energy sector appears ripe with opportunities for gutsy bulls [for more market news and analysis subscribe to our free newsletter].

Posted in Actionable Ideas, Commodity Trading Outlook, Energy, Trading | Tagged | 1 Comment

Be Wary Of A Dead Cat Bounce In The Alerian MLP ETN (AMJ)

Ongoing political gridlock in Washington D.C. remains the dominant theme on Wall Street, and, as expected, equity markets remain plagued with choppy trading amid looming clouds of uncertainty. Investors have digested some encouraging news nonetheless, including solid 2.7% GDP growth and better-than-expected construction spending at home along with expansion in China’s manufacturing sector. With all eyes on the “fiscal cliff,” however, it’s likely that investors won’t get too distracted by anything other than concrete developments in Congress as the end of the year approaches [for more market news and analysis subscribe to our free newsletter].

Posted in Commodity ETF Analysis, Commodity ETFs, Commodity Trading Outlook, MLPs | Leave a comment

Commodities That Have Thrived Under President Obama

As an asset class, natural resources often get lumped together, falling under a single weighting in one’s investment portfolio. After all, the most popular approach by many retail investors is through an ETF or futures fund that tracks a basket of commodities. The PowerShares DB Commodity Index Tracking (DBC) and iPath DJ-UBS Commodity Index ETN (DJP) are two of the most popular options for investors [for more commodity news and analysis subscribe to our free newsletter]. However, natural resources are completely distinct animals and behave differently due to various demand, supply, weather and other external factors. Believe it or not, one of those external factors can be who’s in the White House. Since President Obama took office four years ago, a certain set of commodities have thrived in both production and price increases. With Obama winning another term, it stands to reason that these commodities have a good chance of seeing gains … See the full story here

Posted in Agriculture, Commodity Trading Outlook, Corn, Energy, Gold, Natural Gas, Precious Metals, Silver | Tagged , , , , , | 3 Comments
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