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Oct 18, 2009 Commodities continue to climb with several commodities making new highs for the year. The equities market continues to push higher with 3rd quarter earnings coming in better than expected. This good news has aroused more investors to put what’s left of their money back into the market which has been the fuel […]
Commodities and stocks have been on fire the past two weeks and I think it just may be time for things to take a breather. While I continue to stay long, taking some money off the table to lock in profits is a safe play. Just from a quick glance at the charts we can […]
Hey Everyone, I just wanted to mention the exclusive stock trading service David Banister and I launched in July. ActiveTradingPartners.com not only has an incredible track record of extremely high annualized gains on our Alerted Trade positions to Partners, but a very good track record of knowing when to Hold, Add, or Sell those same […]
Dow Jones Commodity Index Fund – This index tracks the entire commodity market as a whole. Over the past two years we have seen commodities drop in value substantially. The good news is that we could be seeing prices rise going forward from here. 2009 has been a fantastic year for trading commodities with the […]
Commodities have and continue to be a fantastic trading vehicle for those who can stomach volatility. After last year’s market crash most commodities pulled back to normal if not lower than normal trading ranges. This allowed us to enter the market at 10+ year lows for natural gas. If we look at the weekly chart […]
We have been waiting for gold to breakout above the 2008 high for almost 2 years. These charts show we are slowly working our way there. Gold Stocks Index – The Leading Indicator for Gold Bullion I watch the price of gold stocks very closely because when there is large divergence from the price action […]
The market continues to whipsaw traders out of positions as volatility rises. I have put together a few charts to show you where each of our commodities are trading along with the SPX (SP500 index). My Gold Stock Breakout Model – Monthly Chart I use this chart to keep my big picture trades on the […]
Today we had a reversal day for the broad market, us dollar, precious metals and oil. The market is over extended. We have seen the market rally 20% since the July low. Inter-market analysis is important to understand because everything is related in some way. The next month will be very interesting with the US […]
Commodity ETF trading charts allow us to track and trade the underlying commodities with ease. I have provided a few daily charts to show were current commodity prices and chart pattern are at. GLD Gold ETF Trading – Daily Chart As you can see from the chart below GLD had a nice 4 day rally […]
Gold is back in the spot light as it flirts with the $1000 per ounce level. This closely watched commodity looks as thought it will rocket higher because of the multiple trading time frames indicating breakouts. I mainly focus is on trading the daily chart but I always refer back to the longer time frames […]