MBWealth’s Commodity Blog

Please click on the spreadsheet to view, zoom to 100% if needed. The Line in the Sand format has changed, you will be receiving the chart on technical analysis Monday mornings. Please visit Matthew’s Daily Thought for your market wrap ups and predictions. In addition he will be posting a new article per week, you [...]

Please click on the spreadsheet to view, zoom to 100% if needed. The Line in the Sand format has changed, you will be receiving the chart on technical analysis Monday mornings. Please visit Matthew’s Daily Thought for your market wrap ups and predictions. In addition he will be posting a new article per week, you [...]

Please click on the spreadsheet to view, zoom to 100% if needed. The Line in the Sand format has changed, you will be receiving the chart on technical analysis Monday mornings. Please visit Matthew’s Daily Thought for your market wrap ups and predictions. In addition he will be posting a new article per week, you [...]

It is too early to say but initial market action indicates some change in trends. Stocks  and Crude lower, bonds higher and metals could be breaking out of their recent sideways congestion..time will tell. After approaching $95 overnight Crude has backed off…as of this post prices are in the middle of today’s range. Aggressive clients [...]

Please click on the spreadsheet to view, zoom to 100% if needed. The Line in the Sand format has changed, you will be receiving the chart on technical analysis Monday mornings. Please visit Matthew’s Daily Thought for your market wrap ups and predictions. In addition he will be posting a new article per week, you [...]

Please click on the spreadsheet to view, zoom to 100% if needed. The Line in the Sand format has changed, you will be receiving the chart on technical analysis Monday mornings. Please visit Matthew’s Daily Thought for your market wrap ups and predictions. In addition he will be posting a new article per week, you [...]

It is important when initiating trades to have targets. You will notice that we try to give price objectives when establishing  long and short positions for our clients in most trades.  After five positive sessions Crude looks like we will see a negative close with prices settling just above the 40 day MA. Taking a [...]

Large swings continue and are likely here to stay so be willing to endure larger swings when trading or be willing not to trade. Those are your options as I see it. We are seeing swings in a number of markets in a few days time which in years past took several weeks or in [...]

The fact that we did not have a dire jobs number influenced markets today. We continue to think money goes back into commodities and stocks in the weeks to come…trade accordingly. Crude continues to bump up against resistance at the 50% Fibonacci level and as of this post is in the middle or today’s range [...]

Investor appetite for risk has increased as money is flowing back into securities and commodities. Crude has advanced $7.50 off its lows from Tuesday so clearly there is buying interest but we would like to see the ascent slow or even a re-test of the 9 day MA to feel confident a further move is [...]