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JJC (Copper ETF) Poised for a Correction

$COPPER (copper continuous futures contract) looks poised for a pullback off this overbought rally into resistance with negative divergences in place  on the daily time frame while JJC (copper ETF) appears likely to break down below this 60-minute bearish rising wedge soon with a drop of at least 6% from current levels. I am considering [...]

Commodity ETN Analysis (video)

The following video covers both the near & longer-term outlook for various commodity tracking ETNs & ETFs. In addition to stand-alone swing trading opportunities, commodities can also provide diversification within an investment portfolio or trading account due to their low correlation with stocks, bonds or other asset classes. The following ETP's are covered in this [...]

Jul 11, 2017 2:02pm|Categories: Gold & Commodities|Tags: , , , , , , , , , , , , , , , , , |5 Comments

Precious Metals, Commodities & US Dollar Outlook (video)

This video makes a case for a trend reversal & near-term rally in the US Dollar along with a near-term bearish case for gold, silver, platinum, copper and other dollar sensitive assets, all of which still appear bullish from a longer-term perspective at this time (longer-term bearish $USD).

Apr 26, 2016 10:03am|Categories: Equity Market Analysis, Forex (Currencies), Gold & Commodities, Unofficial Short Ideas|Tags: , , , , , , , , , , , , , |Comments Off on Precious Metals, Commodities & US Dollar Outlook (video)

Long Trade Ideas Updated- Additional Commentary

The Long Trade ideas categories (Setups & Active Trades) has been updated with the following trades moved to the Completed Trade category as they have exceeded their suggested stops. BAA- Traded as low as 0.15 while the suggested stop was on any print of 0.16 or lower. note: I am growing increasingly bullish on the [...]

Oct 1, 2015 9:24am|Categories: Completed Trades - Long|Tags: , , |Comments Off on Long Trade Ideas Updated- Additional Commentary

JJC (copper etf) First Price Target Hit

JJC (Copper ETF) has hit the first target (28.70) for a quick 4% gain, printing a high of 28.83 so far today before pulling back a bit. Consider booking partial or full profits and/or raising stops, depending on your trading plan. T3 (31.44) remains the final target at this time although additional targets may be [...]

Sep 8, 2015 2:18pm|Categories: Completed Trades - Long, Gold & Commodities|Tags: , |Comments Off on JJC (copper etf) First Price Target Hit