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Analysis on the Stock Market, Precious Metals, Oil + Several Trade Ideas (video)

Technical analysis covering the stock market via QQQ as well as gold, silver, platinum, the US Dollar, Crude Oil & several individual stocks that stand out as potential trading opportunities that stand out at this time. The video begins with coverage of the Nasdaq 100 via QQQ & NQ Emini futures, followed by the outlook for the US Dollar (via EUR/USD), gold, silver, platinum & GDX, then crude oil via USO, OIL & /CL (crude futures) & wraps up with several potential trade ideas including /GXBT (Bitcoin futures), GBTC, OSTK, RIOT, CARA, TNDM & XENE. *playback speed can be increased in [...]

Technical Analysis on Commodity ETNs (video)

A comprehensive video covering the outlook for numerous hard & soft commodities via 20 commodity ETNs & ETFs, including both hard & soft commodities along with various agricultural commodity ETNs. Due to the unusually large amount of trade ideas covered, this video runs longer than normal. As such, for those looking to skip ahead to the analysis of any particular commodity, the following ETNs/ETFs are covered in this order: NIB (cocoa), CUT (timber), WOOD (timber), UNG (natural gas), BAL (cotton), UGA (gasoline), JJC (copper), USO (crude products), OIL (crude oil), SOYB (soybeans), COW (livestock), DBA (various agricultural commodities), CORN (corn), CANE [...]

2018-03-05T14:03:08+00:00Mar 5, 2018 1:13pm|Categories: Gold & Commodities, Unofficial Long Ideas, Unofficial Short Ideas|Tags: , , , , , , , , , , , , , , , , , , , |4 Comments

Stock Market, Gold & Commodities Analysis (video)

Technical analysis on the US stock market, gold, silver, platinum, GDX, crude oil, utilities & various agricultural commodities & ETFs. Playback speed can be increased in the settings to reduce the duration of the video.

2018-01-30T10:41:26+00:00Jan 30, 2018 10:41am|Categories: Equity Market Analysis, Gold & Commodities|Tags: , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments

Peak Earnings Week

This week will, by far, be the most important week of this earnings season with a total of 119 companies in the S&P 500 index reporting. This week will also see all five of the market leading FAAMG stocks (FB, AAPL, AMZN, MSFT & GOOGL) reporting along with a slew of other market leading stocks. As such, one should expect an increase in volatility & opening gaps. There is a link for an earnings calendar located on the home page sidebar under 'Tools of the Trade" along with an economic calendar with the potential market moving reports denoted with a red [...]

2018-01-29T09:43:17+00:00Jan 29, 2018 9:40am|Categories: Equity Market Analysis, Gold & Commodities|Tags: , , , , , , , , , , , , , , , , , , , , , |2 Comments

The Case for A Major Correction In Crude Oil

Technical evidence for a major trend reversal and correction in crude oil continues to build. The first chart below is the same chart (many annotations & technical developments later) that was posted here back on January 19, 2016, making the case that "a significant rally or trend reversal was close at hand" just 3 weeks before crude bottomed & embarked on the bull market that has so far seen $WTI rise by approximately 150%. Positive & negative divergences, rising & falling wedges, trendlines, breaks above/below resistance/support levels, overbought & oversold readings, etc.. all help to determine where prices might [...]

2018-01-23T19:16:35+00:00Jan 23, 2018 7:16pm|Categories: Equity Market Analysis, Gold & Commodities|Tags: , , , , , , |1 Comment

Crude Oil Testing Support

Crude futures have broken down & backtested the secondary uptrend line, currently making the second test of the 63.15 support level. A solid break and/or 60-min close below will likely bring /CL down to the 62.20 level. Should my call for a correction in crude continue to play out, that should translate into more downside in the oil & gas stocks & related ETFs such as XLE, XOP & XES. 60-minute chart of /CL (crude futures) below. CL 60-min Jan 19th

2018-02-12T17:49:37+00:00Jan 19, 2018 9:15am|Categories: Gold & Commodities|Tags: , , , , , , |Comments Off on Crude Oil Testing Support