Commodity Prices

Gold •234 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	987.70	-9.50	-0.95%
WTI Crude •1 day	70.40	-2.08	-2.87%
Gasoline •1 day	2.027	-0.060	-2.87%
Ethanol •234 days	2.161	+0.000	+0.00%
Silver •234 days	30.82	+1.16	+3.92%

Silver • 234 days	30.82	+1.16	+3.92%
Copper • 234 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	74.43	-2.05	-2.68%
Natural Gas • 1 day	4.234	+0.082	+1.97%
Heating Oil • 1 day	2.432	-0.071	-2.84%

Headlines

619 days Will The ECB Continue To Hike Rates?
619 days Forbes: Aramco Remains Largest Company In The Middle East
621 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,021 days Could Crypto Overtake Traditional Investment?
1,025 days Americans Still Quitting Jobs At Record Pace
1,027 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,030 days Is The Dollar Too Strong?
1,031 days Big Tech Disappoints Investors on Earnings Calls
1,032 days Fear And Celebration On Twitter as Musk Takes The Reins
1,033 days China Is Quietly Trying To Distance Itself From Russia
1,034 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,038 days Crypto Investors Won Big In 2021
1,038 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,039 days Food Prices Are Skyrocketing As Putin’s War Persists
1,041 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,041 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,045 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,045 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,046 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,048 days Are NFTs About To Take Over Gaming?

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

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 ...