Silver can be frustrating for holders of the physical metal. Stuck in a sideways pattern since 2014, silver has been oscillating between support at roughly $14.00 per ounce and resistance at $21.00 per ounce. This… Read More
Pigs Are Going “Hog Wild”
Hog prices are soaring as the effects of African Swine Fever (ASF) are finally starting to hit home in pork-loving China. We wrote about ASF in a September blog post and recommended a six-month option… Read More
S&P 500: 200-Day Moving Average Back In Play
The 200-day moving average has a history of being a key signal for the S&P 500 and stocks. Bull markets tend to trade well above it; bear markets below it. Time spent trading around the… Read More
Platinum Has Plenty of Catching Up To Do
Poor platinum. It is one of the rarest of metals, hidden deep within the earth, making it far harder to mine than gold or silver. Platinum also boasts superior industrial properties, such as very high… Read More
Is The Bear Market In Stocks Over?
We’ve written at length about the importance of the 200-day moving average in the S&P 500, starting with our first blog post of the New Year. Buoyed by a Fed that swung from hawkish to… Read More
Has Platinum Lost Its Luster?
Platinum used to be the king of metals. Once considered the “rich man’s gold,” platinum had more cachet. “Platinum” record albums sell more than gold ones. “Platinum plans” have more perks than “gold plans.” But… Read More
Gold Hits $1,325. Will $1,407 Be Next?
Gold continued its surge higher last week, hitting our first near-term target of $1,325 per ounce on Thursday before backing off a bit on Friday. January and February are typically very good months for gold,… Read More
Gold & Silver Looking Strong
Big rallies in gold and silver on Friday added excitement to the bullishness that has defined price action in the precious metals for the past two months. Because they are priced in dollars, both metals… Read More
200-Day Moving Average Remains Critical In Both S&P 500 & NASDAQ 100
Commodities have a well-deserved reputation of being far more volatile than the stock market. We are mainly commodity traders which means we are accustomed to volatility. However, the Trump Presidency has completely turned this notion… Read More
“Sell the Rip” in the S&P 500
In our first blog post of the New Year we identified the current condition in stocks as a bear market and explained some of the differences between bear markets and bull markets. The way to… Read More