Commodities Countdown August 31, 2016 at 08:59 AM
Two of Canada's largest companies in the Agriculture related space confirmed they were in merger discussions on Tuesday. While Agrium (AGU, AGU.TO) is widely considered an acquisitive company, this has not been the history for Potash Corp. (POT, POT.TO)... Read More
Commodities Countdown August 26, 2016 at 07:51 AM
The commodity pops and drops this week have been very sudden both ways. Oil struggled as it approached $50 and has drifted back this week. This is not really a surprise, as probably every floor trader was selling at resistance. It has now built a nice channel between $39 and $50... Read More
Commodities Countdown August 23, 2016 at 10:33 AM
Martin Pring and Greg Schnell are getting together in Pring Studios in Florida to do a live debate webinar. The setup is compelling as many of the major charts in the world are lining up for a major shift... Read More
Commodities Countdown August 19, 2016 at 10:51 AM
Well, that was fast! Oil makes strides towards $50 so the bear market in oil from 12 days ago is officially over. A business news channel announced a new bull market in oil because it is up 20% off the lows. Best to ignore hype reporting that leads us into and out of trades... Read More
Commodities Countdown August 18, 2016 at 02:19 PM
We have had a wild ride with crude oil so far this year. From the depths of $26 to over $51. Recently, the pullback totalled 20% from the June highs. It took roughly 2 months to pull back and now oil has been rising almost every day, heading back to $50... Read More
Commodities Countdown August 13, 2016 at 01:36 PM
With a relatively good week, there are Country index charts around the world breaking their down trend lines. This global push is important as that makes the US rally more sustainable. The commodities rallied for most of the week. So far they ($CRB) are bouncing off the 40 WMA... Read More
Commodities Countdown August 10, 2016 at 08:08 PM
Investing in Gold miners (GDX) has been a big winner this year. So far 150% in a non-leveraged ETF. But it is always good to keep evaluating the trend. We can look at the pluses and minuses on the Gold trade currently. Let us roll through the different charts... Read More
Commodities Countdown August 05, 2016 at 03:12 PM
My webinar this week spent some time on Commodity-Country-Currencies. The underlying theme for the webinar was the long term chart of the $CRB and the importance of breaking out of a range that I would define as the deflationary range. The red line shows support for 40 years... Read More
