Thursday, April 25, 2024

Technical Analysis: Is Copper Squeezing Toward a Breakout?

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Copper had a dramatic run coming out of the pandemic, more than doubling between March 2020 and May 2021. Now, after a period of...

Bulls May Be Coming Back to Energy as Global Economy Reopens

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Energy stocks jumped yesterday as inventories tightened and traders looked for demand to increase. The SPDR Energy ETF (XLE) rose 2.8 percent, its biggest one-day...

Market Pulse: Energy Hasn’t Done This Since the Pandemic

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Energy is the top performing sector this year by a wide margin. The SPDR Energy ETF (XLE) has advanced 13 percent so far in...

The Federal Reserve Meets Next Week. Is a Squeeze Coming in Silver Prices?

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Silver made a violent move last summer when it broke a six-year resistance level. Prices have consolidated since but now the bulls may be...

Reuters: Hedge Funds Expect Crude Oil Rally

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Are hedge funds bullish on crude-oil again? Reuters thinks so, according to a report yesterday. An article titled "Hedge funds bet on oil's 'big comeback'...

CME Launches Micro Crude Oil Futures With Energy Challenging Multiyear Highs

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Investors just got a new tool for trading energy as prices surge: micro contracts on CME's Group's WTI crude oil futures. The new product began...

New 20-year Treasury Bond Futures Are Launching Today

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New 20-year Treasury bond futures start trading today, two years after the government launched the underlying securities. The new contracts will control $100,000 of face...

This Currency May Be Getting Ready to Jump as the Greenback Weakens: Technical Analysis

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The Australian dollar has squeezed into an increasingly tight range all year. Futures traders may want to be ready in case a breakout occurs. First,...

3 Things to Watch This Week as Stocks Keep Rising With Approval from the...

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Stocks and commodities are inflating along with the economy as the dollar crashes and the Federal Reserve cheers the rally. The S&P 500 rose 1.2...

No More Inflation? Lumber, Oil and Copper Prices Fall as the Fed Gets Hawkish

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Inflation was a major story this spring as lumber and used cars spiked in value. Now the trend seems to be fading as the...
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