MBWealth’s Commodity Blog

1 year ago today equity markets bottomed and a vicious rally ensued but are we any better off than we were at that time? The lack of new buying above $80 hints of a correction to come. Yesterday we made a new high and failed and today we saw a lower high and lower low [...]

We are friendly to April natural gas, April crude and June RBOB. Look at 15-20 cent call spreads in RBOB, $4.50 and $5 calls in April natural gas in addition to futures with stops below$4, for crude as long as today’s low in April at $37.12 holds we like being long. March goes off the [...]