Cocoa
This Is Why Cocoa’s Crash Was A Perfect Setup
Perfect from an Elliott wave perspective, that is The other day, I went paddle-boarding for the first time and was struck by a familiar feeling; one that comes from, of all things, speculating in the markets. See, when your board is in line with the current and the wind is at your back, the board […]
Today’s Report Is Actually Quite Scary…
No doubt about it, the cocoa market has been all over the map in recent trading. As you may know, the commodity has been in a strong uptrend this year as investors priced in surging demand and stagnant global supply growth. But once prices stalled near $3,200 a ton in August, investors decided to take […]
A Cocoa Conundrum!
The holidays are here once again. It’s the time of year for family, friends, and giving thanks for all our blessings. Oh yeah, and it’s the perfect time for chocolate… I don’t know how it is in your house, but in mine, chocolate is a holiday mainstay. Hot cocoa, M&Ms, cookies, you name it. Not […]
Cocoa, Cotton, And Coffee: Three Soft Commodities Making Moves…
Soft commodities are making some hefty price moves in recent trading. Here’s an update on the ones seeing the most volatility… First of all, cocoa bulls are roaring once again. In fact, this commodity was the second biggest gainer amongst all commodities last week, rising 7.5%. What’s sending cocoa higher? As I’ve mentioned in previous […]
Hot Commodities: More Upside For Cocoa?
One thing’s for certain… The past two weeks have been rather treacherous for anyone bullish of commodities. Precious metals were wiped out, crude took a dive, and industrial metals set new 52-week lows. At first glance, it looks like bears are completely overtaking the commodity markets. But do a little research and you’ll find that’s […]
