Where Might Gold Be Heading in the Near-Term and Long-Term?

Gold is up 22.7% year to date, topping the S&P 500 index’ (10.5%) by double, and trailing the Nasdaq 100, up 35.6%, by roughly 13%. Like all three major equity indices, gold has also pulled back. Depending on whether you’re

New E-Book Just Released!

Many of the trading mistakes that result in severe losses can be prevented.  Some risks are unnecessary & can be prevented by following a set of simple preparatory rules & guidelines.  Our “Guide to Better Futures Trading Preparedness” is available

Newsletter – Dec 2020

Upcoming Government Reports & Holidays   Dec 01 CONSTRUCTION SPENDING REPORT Dec 03 MANUFACTURERS’ SHIPMENTS, INVENTORIES… Dec 04 EMPLOYMENT SITUATION REPORT Dec 07 US INTERNATIONAL TRADE IN GOODS & SERVICES… Dec 07 QUARTERLY FINANCIAL REPORT: MANUFACTUR… Dec 07 QUARTERLY FINANCIAL

A Setup for Identifying Market Bottoms

You’re following a market that just tanked. You think you see a potential “bottoming” but you’re unsure. You also know common wisdom says to not try to time market bottoms (or tops for that matter). Yet, getting in close to

Newsletter – Nov 2020

Upcoming Government Reports & Holidays   Nov 01 CONSTRUCTION SPENDING REPORT Nov 02 HOUSING VACANCIES & HOMEOWNERSHIP Nov 03 MANUFACTURERS’ SHIPMENTS, INVENTORIES… Nov 04 US INTERNATIONAL TRADE IN GOODS & SERVICES… Nov 06 EMPLOYMENT SITUATION REPORT Nov 10 MONTHLY WHOLESALE

Oil-Producing Nations Face a Long Road to Recovery

Countries across the globe are struggling in the face of the COVID-19 pandemic. Oil-producing nations that are part of OPEC+ are no exception. Russia is one of these countries and the news out of the former Soviet Union is that

Are We In an Uptrend or Downtrend?

Distinguishing an uptrend from a downtrend can be tricky for a couple of reasons. First, the idea of a “trend” always implies some kind of a “projection.” For instance, if we’re in an uptrend, then it follows that the market,

Newsletter – Oct 2020

Upcoming Government Reports & Holidays     Oct 01 CONSTRUCTION SPENDING REPORT Oct 02 EMPLOYMENT SITUATION REPORT Oct 02 MANUFACTURERS’ SHIPMENTS, INVENTORIES & ORDERS REPORT Oct 06 US INTERNATIONAL TRADE IN GOODS & SERVICES REPORT Oct 09 MONTHLY WHOLESALE REPORT

What Drives Commodity Futures Prices?

As the world economy continues to become increasingly connected, so too does the global commodities markets. One big reason for this is that the financial markets have become much more democratized thanks to new technology. Traders have near-immediate access to