In the last 6 weeks the US dollar has been on a tear gaining 4.8% lifting prices to 6 month highs and above the 61.8% Fibonacci level
Dollar on a Tear
read more
Crude Trending Higher
For five out of the last six trading sessions, crude oil has traded higher.
Appreciating Natural Gas
Natural gas prices have appreciated 13% in the last 4 weeks lifting futures to within pennies of the 61.8% Fibonacci level at $3.70 on the May contract.
Lean Hogs. Is it Too Soon?
Catching a falling knife can sometimes be painful and though a bit early on my recommendation to buy pork…it appears the move I anticipated is under way.
Super Silver
I see all these articles on selling silver?well I?m a buyer for clients. Silver futures have declined 10% in the last month and are lower by 16% from their highs in the end of November.
DOW at All-Time High. What to Do?
I am always reticent when doing analysis on a market at an all time high or all time low when constructing a trade.
Paging Dr. Copper
In the last four weeks, copper prices have declined over 30 cents dragging prices to their lowest level in 3 and a half months.
Heating Oil/RBOB Spread
April heating oil futures have come down almost 25 cents in the last 3 weeks fast approaching the 38.2% Fibonacci level
Printing Money with the Yen
For months the Yen has traded lower as a number of trend followers have been able to print money on bearish trade right along the side of Central banks. The party may be over as prices appear to be establishing a base in the last 4 weeks.
Collapse in Heating Oil Prices?
In the last two weeks heating oil prices have collapsed falling by 20 cents gallon.
Is Gold Losing Luster?
In just over four months, prices of gold have lost their luster trading lower by $250/ounce H/L.
Downtrend in 30-Year Bonds?
As of this post 30-yr bonds are probing the down sloping trend line that has capped rallies since the first week of December.