Silver Wheaton (SLW) Ready For Comeback

Buying pressures continue to reign supreme on Wall Street as bullish euphoria has failed to evaporate – much to the bears’ frustration. Major equity indexes remain on a steep climb higher while the commodity market remains mixed at best; year-to-date, some commodities like corn and crude oil are clinching onto minor gains, while others like gold and silver remain in red territory [for more market news and analysis subscribe to our free newsletter]. With most equities either sitting at or headed towards new highs, many are hesitant to jump in after such a stellar run-up. Luckily, the investable universe is wide and not every security has enjoyed wild gains thus far in 2013. Silver-mining bellwether Silver Wheaton Corp. (SLW) presents an intriguing opportunity at the moment that warrants a closer look from contrarian investors looking to get a piece of the action on Wall Street.

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

Contrarian Alert: First Solar (FSLR) Rising From The Grave

The bull train has hit a few bumps in recent trading sessions as a wave of European woes over the weekend has prompted some to take profit. Nonetheless, “buying on the dip” remains a dominant theme on Wall Street as bullish pressures continue to reign supreme on the equity front [for more market news and analysis subscribe to our free newsletter]. With most equities either sitting at or headed towards new highs, many are faced with the tough decision of waiting to pull the sell trigger in an effort to maximize profit without getting burned by the impending correction. Luckily, the investable universe is wide and not every security has taken advantage of the bull run on Wall Street.  Green-energy bellwether First Solar (FSLR) presents an intriguing opportunity at the moment that warrants a closer look from contrarian investors looking to get a piece of the action on Wall Street.

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

Bottom Fishing In Goldcorp Inc. (GG)

The Dow Jones Industrial Average hit all-time highs last week, spawning a wave of euphoric headlines across the financial media. What’s truly impressive is that buyers continue to step in at virtually every pullback, which is quite the risky maneuver when you consider the stellar run-up seen on Wall Street since the November 16 lows last year [for more market news and analysis subscribe to our free newsletter].

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

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

Steel Prices Heat Up

Though not one of the most popular industrial metals on Wall Street, steel has certainly been under close watch in the last few weeks, as commodity traders brace themselves for what looks like an inevitable spike in spot prices. After several lackluster earnings reports, top U.S. steelmakers have made it quite clear that steel will come at a higher price tag in the near future despite weak current demand [for more commodity news and analysis subscribe to our free newsletter].

Posted in Commodity Producers, Commodity Trading Trends, Industrial Metals, Steel | Tagged , , | Leave a 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

How To Use The Commitment Of Traders Report

It’s not a secret that commercial hedgers and institutional traders account for the majority of trading in the commodities markets. But, many individual traders fail to realize that they can take a behind-the-scenes look at these trades each and every week, thanks to reporting requirements imposed by the Commodity Futures Trading Commission (CFTC) [for more market news and analysis subscribe to our free newsletter].

Posted in Commodity Futures, Commodity Trading Trends, Data Releases, Trading | Tagged , , , | 1 Comment
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