Major Commodity Earnings This Week: Energy On Tap

With Alcoa (AA) kicking off earnings season early last week, the focus for many investors has shifted away from larger macroeconomic reports and honed in on the reports of industry bellwethers. While Alcoa set the tone by beating estimates, many feared that the company would eventually fall prey to weakening aluminum prices, getting the second quarter earnings season off to a foggy start. This week, though mostly filled with major financial institutions, will feature several reports from key players throughout the commodity world, with a focus on energy [for more commodity news and analysis subscribe to our free newsletter].

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

Crude Oil Hovers at 12-Month High

After a disappointing sell-off in April, crude oil has finally regained some positive momentum, although not necessarily for the most positive reasons. The fossil fuel is currently sitting at a 12-month high, as it finally broke through the triple-digit barrier for the first time since September of 2012. While the riots in Egypt have certainly played a role in the rapid rise in the price of crude, the U.S. supply levels are also playing a key role behind the scenes [for more crude oil news and analysis subscribe to our free newsletter].

Posted in Energy, News and Current Events, WTI | Tagged | 3 Comments

How The LME Is Impacting Beer Prices

When you sit down for a cold beer, you probably don’t think of all of the factors that culminated to create the product. What’s more, you probably never consider the fact that the London Metal Exchange (LME) could have such a marked impact on the frosty beverage. But traders utilizing the LME to purchase aluminum for beer cans have recently reiterated issues that the exchange is causing, putting beer prices in a pinch [for more aluminum news and analysis subscribe to our free newsletter].

Posted in Aluminum, Industrial Metals, News and Current Events | Tagged , , , | Leave a comment

What Obama’s Energy Plan Means For Commodities Investors

After years of environmental acts dying in Congress, President Obama is taking action by finally outlining a green plan for the U.S. Calling a press event at Georgetown University earlier this week, Obama discussed his goals: reducing carbon pollution, promoting green energy, and cooperating with  both developed and emerging economies to ensure global involvement. Many on the Hill have already objected to Obama’s goals and his use of executive orders to avoid Congressional approval, saying that the American worker will lose in this plan [for more commodity news and analysis subscribe to our free newsletter].

Posted in Alternative Energy, Commodity ETFs, Energy, News and Current Events | Tagged , , | 1 Comment

How Crude Oil Traders Manipulate The Market

Market manipulation, especially in the commodity space, is nothing new. Hard assets like gold and silver are almost always under scrutiny for fear that large institutions are getting away with fixing the market; JP Morgan just recently escaped such charges concerning silver markets. The latest scandal has hit the European Union, as one trader has stepped forward, detailing how he (and many others) have been able to successfully manipulate Platts oil prices over the years [for more crude oil news and analysis subscribe to our free newsletter].

Posted in Brent Oil, Energy, News and Current Events, WTI | Tagged , | 6 Comments

Japanese Government Policy Sets Solar On Fire

As the years go on, more and more people are looking at alternative energy to be the wave of the future. While fossil fuels have long dominated the global energy space, the past few decades have seen major strides to bring other methods to the forefront. Solar energy has been among the most popular, as the industry has harnessed the sun’s power, utilizing photovoltaic modules that seem to get more efficient by the year. And now, the Japanese government is encouraging domestic businesses to ramp up their use of this renewable resource [for more solar news and analysis subscribe to our free newsletter].

Posted in Alternative Energy, News and Current Events, Solar | Tagged , | Leave a comment

Bernanke: Fed Sticks To Stimulus Measures, But Changes Loom

Wall Street was in for some choppy trading sessions this week, as investors shifted their attention to the Fed and its massive stimulus measures. Earlier this week, markets took their cue from comments made by three Fed officials. Federal Reserve Bank of Chicago President Charles Evans had stated that while the central bank’s stimulus measures have made good progress, officials need “more time” before they can make any substantial monetary policy changes. St. Louis Fed President James Bullard’s and New York Fed President William Dudley’s commentary also reflected this sentiment, though Dudley indicated that the Fed could change asset purchases in either direction [for more market news and analysis subscribe to our free newsletter].

Posted in Asset Allocation, Energy, Gold, News and Current Events, Precious Metals, WTI | Tagged , | Leave a comment

Copper Prices Signal Bear Market Is Near

Copper is among the most practical commodities in the world, as the industrial sector relies heavily on the material for a number of uses. Not only does it have wide applications in the industrial world, but the economic space as well. With the nickname “Dr. Copper,” the reddish-brown metal is often used as a proxy for the global economy as a whole, precisely because of the demand created by the industrial world [for more copper news and analysis subscribe to our free newsletter].

Posted in Actionable Ideas, Commodity ETFs, Commodity Futures, Copper, Industrial Metals, News and Current Events | Tagged | 1 Comment

Roubini: Commodity Weakness Signals Global Economic Weakness

Nouriel Roubini is a household name in the financial world as his nickname, “Dr. Doom,” has been rightfully earned, given his propensity for bearish sentiment. Roubini is also not afraid to speak his mind as he has been issuing warnings about the global economy for the past few years. Now, the Dr. has commented on the commodity industry, as he believes its struggles reveal a bigger trend that could see the global economy slip [for more commodity news and analysis subscribe to our free newsletter].

Posted in Actionable Ideas, Gold, News and Current Events, Precious Metals | Tagged , | 2 Comments

Jim Rogers: Gold Will Resume Its Bull Market

Jim Rogers has long been one of the most influential names in the commodity world and he’s never been shy about vocalizing his love of precious metals. Last fall, Rogers expressed his concern that gold was now overvalued and would suffer a falling out with investors. Fast forward to 2013 and it appears that Rogers was right, as gold lost over 18% this spring, sending investors scattering. In a recent interview with USA WatchDog, Rogers explains why he thinks this loss was natural and necessary for gold investors [for more gold news and analysis subscribe to our free newsletter].

Posted in Gold, News and Current Events, Precious Metals | Tagged , , , | 1 Comment