Gold •213 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 1,043.70 | +16.70 | +1.63% | |
WTI Crude •1 day | 72.53 | -0.20 | -0.27% | |
Gasoline •1 day | 2.037 | -0.001 | -0.04% | |
Ethanol •213 days | 2.161 | +0.000 | +0.00% | |
Silver •213 days | 30.82 | +1.16 | +3.92% |
Silver • 213 days | 30.82 | +1.16 | +3.92% | ||
Copper • 213 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 76.76 | -0.11 | -0.14% | ||
Natural Gas • 1 day | 3.044 | -0.003 | -0.10% | ||
Heating Oil • 1 day | 2.485 | +0.009 | +0.37% |
Crude oil bounced near the key support at 46.97 yesterday. An unlikely break of resistance at 47.75, as a break would signal significant exhaustion in recent selling pressures. Hourly resistance…
The FED has not followed through on their numerous promises of a rate increase that Yellen and other FED officials have made over the past several years. She spoke about…
Saudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this week may not do much to…
Recently I've been thinking a lot about what might happen in the event of a banking crisis redux. While I'm not very concerned about US banks these days, there is…
Yesterday, the VIX had an outside tick. What is an outside tick?
Short term Elliott Wave count suggests that rally to 17173 ended wave (W). Decline from there is unfolding as a double three where wave W ended at 16300 and wave…
EUR/GBP has broken the support at 0.8598 (rising trendline) opening the way for further weakness. Key resistance lies at 0.8725 (16/08/2016 high) while hourly support can be found at 0.8535…
Estimates for third quarter GDP have generally been falling fast. Both GDPNow and the FRBNY Nowcast are down nearly a full percentage points from their highs.
Crude gained $1.45/bbl. last week closing at 44.48 even after a $1.84 loss on Friday. Since the August high, crude looks like a descending triangle (bearish). The upper trendline passes…
If gold is to move substantially higher and retain the bulk of those gains, inflation needs to become a significant concern.