Commodities Analysis & Opinion

At this time of the year when all hell supposedly breaks loose across the spectrum of the BEGOS Markets (Bond / Euro / Gold / Oil / S&P) -- and therein Oil has been contributing its part, -12.7%...

Silver is another market where the volatility indicator is playing a key role in the price action on the daily chart and displaying the classic congestion phase which so frequently follows such a...

Think about this number: $2,000. Theoretically, it’s just a number, one of many. But somehow we feel that jumping above this level was a big event in the gold market. After all, gold surpassed...

Earlier this week, I suggested the daily chart for the WTI was looking weak and likely to test support around the $36 per barrel area in due course, which is precisely where we are today...

Hear ye, hear ye:To those looking for the next breakout in gold, watch for this number: 1968.Technical charts show that spot gold, which reflects trading in bullion, needs to get to that level in...

US crude inventories deepen oil’s woesUS Crude inventories unexpectedly rose by 2.0 million barrels overnight, delivering an ugly kidney punch to oils tentative intra-day rally. The sell-off in...

The market expected a 56 bcf injection into storage Natural gas backs off from the recent high Support levels rise, but bearish speculators could return to the market Now that the Labor Day holiday...

The U.S. stock market plunged last week. Will gold follow suit?Last week, the U.S. stock market has seen strong selling activity. The S&P 500 Index has declined about 7% from its peak, while the...

The “tight hot summer” could be over for U.S. natural gas, as underwhelming storage injections are expected to have ended with last week’s estimated doubling of inventory builds amid...

The oil market faced a selloff last week already, but over the past few days selling in the energy market has intensified, indicating that bears seized the initiative and now entirely dominate the...

Oil stages an unimpressive rallyOil prices recovered modestly overnight, but the rally looks artificial, prices moving higher in sympathy with equities and not because of improved oil fundamentals....

Crude oil started sharply declining from the 43.75 level, and in impulsive fashion, which suggests a top in place, and a minimum change in trend to be underway.We see a five-wave possibly completed...

So far this year, the S&P 500 is up 6%. Considering the massive challenges we’ve faced, that’s not bad.By comparison, gold has clocked stellar returns. It’s up 26%...

The driving chart behind my belief that crude oil, and thus energy stocks, are heading into their own bear market, is long-term crude oil: In recent days, this has been going my...