Tag: Commodity Trading
Take A Look At This…
Believe it or not, the end of the first quarter is nearly here. As a result, it’s the perfect time to recap the top commodity performers over the past three months. Let’s get to it… Coffee The luscious bean blew away the competition with an eye-popping first quarter gain of 50%. Worrisome drought conditions in […]
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 […]
Hostage Situation…
I’m furious right now. In my decade long trading career, I’ve never seen two people make such a mockery of the markets. Let me explain… As you may be aware, Federal Reserve Chairman Ben Bernanke announced he was postponing the highly anticipated wind down of QE3 last Wednesday. He went on the record saying the […]
Technical Analysis: Can Palladium Break To New Yearly Highs?
One thing’s for certain… The South African mining industry is in a state of serious upheaval. Companies operating in the region have fallen on hard times due to rising operating costs and weak metal prices. For example, Anglo American, which is the largest platinum miner in the world, reported a hefty full-year 2012 loss thanks […]
These Hard Assets Got Crushed…
Well, here we are! With July’s arrival, the second half of 2013 is officially underway in the markets. That means it’s the perfect time for a first half commodity performance review. Let’s start with the worst performers over the past six months… Silver- down 35%: As many long-time readers remember, the white metal was a […]
Commodity Trading: Bernanke Yanks The Rug From Underneath The Markets
What a mess… Yesterday was a train wreck for commodities. Trading screens were filled with red as investors reacted to Fed Chairman Ben Bernanke’s Wednesday press conference. Of course, not only were commodities sent sharply lower on Thursday, but equities followed suit with huge losses of their own. The Dow sank 2.4%, while the S&P […]
US Dollar Assault: Will Commodities Continue Suffering?
From a commodity bull’s perspective, 2013 isn’t turning out to be all that stellar. Fact is, the majority of commodities are currently trading lower than where they started the year. Take a look at the Reuters/Jeffries CRB Index and you’ll see exactly what I mean… In case you’re unaware, the CRB Index reflects the average […]
