Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	969.40	-1.10	-0.11%
WTI Crude •10 mins	70.11	+0.01	+0.01%
Gasoline •10 mins	2.051	-0.009	-0.41%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.25	+0.02	+0.03%
Natural Gas • 10 mins	3.399	+0.060	+1.80%
Heating Oil • 10 mins	2.272	-0.002	-0.09%

Headlines

525 days Will The ECB Continue To Hike Rates?
526 days Forbes: Aramco Remains Largest Company In The Middle East
527 days Caltech Scientists Succesfully Beam Back Solar Power From Space
927 days Could Crypto Overtake Traditional Investment?
932 days Americans Still Quitting Jobs At Record Pace
934 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
937 days Is The Dollar Too Strong?
937 days Big Tech Disappoints Investors on Earnings Calls
938 days Fear And Celebration On Twitter as Musk Takes The Reins
940 days China Is Quietly Trying To Distance Itself From Russia
940 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
944 days Crypto Investors Won Big In 2021
944 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
945 days Food Prices Are Skyrocketing As Putin’s War Persists
947 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
948 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
951 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
952 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
952 days Two ETFs That Could Hedge Against Extreme Market Volatility
954 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Robert McHugh

Robert McHugh Ph.D. is President and CEO of Main Line Investors, Inc., a registered investment advisor in the Commonwealth of Pennsylvania.

More Info

Contact Author

Weekend Market Forecasting and Trading Report

By Robert McHugh - Apr 20, 2014, 6:34 AM CDT

Price action this week should give us the clarity we need to move it to the primary scenario. Both indices are forming Rising Bearish Wedges from October 2013. Every multi-week wave from October 2013 has three subwaves. That suggests strongly that the rise from october is forming a Rising Wedge. Given that probability, we can plot the expected future path for stock prices over the coming months ...