RSSCategory: CPH Weekly Updates

Weekly Update: February 26, 2014

| February 26, 2014

Weekly Update:  February 26, 2014   Commodity Watch: This morning’s EIA report revealed oil inventories were essentially unchanged from last week.  For the week of February 21st, inventories rose by 0.1 million barrels to 362.4 million. However, gasoline inventories fell a steep 2.8 million barrels.  And that means refineries will need to ramp up production […]

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Weekly Update: February 19, 2014

| February 19, 2014

Weekly Update: February 19, 2014   Commodity Watch: Judging by the recent bullish price action in crude, investors are growing wary of the political unrest in Venezuela.  WTI pushed to a multi-month high near $104 a barrel in today’s trading session. Since Venezuela is the world’s fourth largest exporter of oil to the US, ongoing […]

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Weekly Update: February 12, 2014

| February 12, 2014

Weekly Update: February 12, 2014   Commodity Watch: This morning’s EIA oil inventory report revealed a rather bearish build of 3.3 million barrels.  Upon hearing the news, investors were quick to take profits on this morning’s run to $101 a barrel. Bottom line… Don’t be caught long the crude market right now! Let’s look at […]

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Weekly Update: February 5, 2014

| February 5, 2014

Weekly Update: February 5, 2014   Commodity Watch: As you may know, the highly important US Nonfarm payrolls report is this Friday at 8:30 am.  Analysts are expecting January job gains of around 180,000.  Why should you care? If the data falls short of expectations, we could very well see gold and silver break to […]

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Weekly Update: January 29, 2014

| January 29, 2014

Weekly Update: January 29, 2014   Commodity Watch: What a day for the commodity markets… As you may be aware, Federal Reserve Chairman Ben Bernanke shocked investors this afternoon when he announced another $10 billion a month in tapering.  This is in addition to the $10 billion a month of cuts announced in the December […]

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Weekly Update: January 22, 2014

| January 22, 2014

Weekly Update: January 22, 2014   Commodity Watch: Crude oil is on another bullish hot streak… West Texas Intermediate (WTI) surged $1.76 a barrel to close at $96.75 in today’s trading session.  And that’s in spite of the lack of EIA data that usually graces the Wednesday session.  Thanks to the Martin Luther King holiday […]

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Weekly Update: January 15, 2014

| January 15, 2014

Weekly Update: January 15, 2014   Commodity Watch: Here’s the oil bounce we’ve been waiting for… As of this writing, WTI is trading $1.71 higher on the day at $94.30 a barrel.  The commodity is rallying hard after the EIA reported a US crude supply drawdown of 7.7 million barrels this morning.  That’s a much […]

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Weekly Update: January 8, 2014

| January 8, 2014

Weekly Update: January 8, 2014   Commodity Watch: As you may be aware, it is spectacularly cold in many parts of the country right now.  A blast of cold polar air has descended on a vast swath of the Midwestern, Southern, and Eastern US. As a result, heating demand is soaring to some of the […]

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Weekly Update: December 31, 2013

| December 31, 2013

Weekly Update: December 31, 2013   Commodity Watch: It’s been a relatively slow trading week for commodities thanks to the Christmas holiday.  The lack of investor participation has most markets trading in a lackluster fashion. But there is an interesting development in the gold market… As you can see, the yellow metal is still flirting […]

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Weekly Update: December 24, 2013

| December 24, 2013

Weekly Update:  December 24, 2013   Commodity Watch: ***Editor’s Note***  Due to the holiday shortened trading week, you’re receiving Wednesday’s regularly scheduled update today!  From all of us at Commodity Trading Research, we hope you have a safe and wonderful holiday! —————————————————————————- This morning’s US durable goods report came in remarkably strong.  Orders for long-lasting […]

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