MBWealth’s Commodity Blog

Based on the last two day’s action Crude oil appears to be making attempts at higher ground. We will be late to this move because I do not trust it and need further confirmation before getting bullish exposure for clients. A settlement above $79.50 would be the first hurdle. Natural gas will close 8% higher this [...]

Weakness in commodities what to do? Here are a few ideas…get short, exit longs or be prepared to buy from lower levels. We think Crude oil and the distillates have put an interim top and expect prices to fall back. We reserve the right to change our mind if September closes above $79.50. We expect [...]

Please click on spreadsheet to view Energies Crude oil is trading at a one month low having lost ground 12 out of the last 14 sessions. Shorts have made some good money but we would advise taking a profit because we feel it is time for longs to have their way. Examining the daily chart [...]

Energies Crude prices are back above the 50 day moving average, which in November sits at 71.50. As we have alluded to in recent weeks we favor long exposure and are expecting a push through $74 and a test of $76 on the November contract. We will have some new long suggestions this week. The [...]

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      For August 3rd– August 7th 2009 By: Matthew Bradbard   Even after the recent market turmoil it appears investors still have an appetite for risk. Whether the risk taking is misguided is debatable, but the reality is if investors are more informed about the inherent risk they may be more comfortable taking [...]

        For July 27th– July 31st 2009 By: Matthew Bradbard When I started working in commodities, almost a decade ago, they were considered a dirty word and certainly not a place for the average Joe to invest. Within the last few years, thanks to investors becoming more open minded, the overall performance [...]

For July 20th– July 24th 2009 By: Matthew Bradbard     I communicate with investors daily trying to identify what their general position is for the economy. Though it differs from one to the next, an overwhelming majority are not too optimistic about the health of the economy. The overall sentiment is that few see [...]

      For July 13th– July 17th 2009 By: Matthew Bradbard   Speculators may be running for the exit doors on talks of more government involvement in the futures market, but I feel their exit may be premature seeing that the government is just talking at this point. Since the government has not screwed [...]

      For July 6th– July 10th 2009 By: Matthew Bradbard     With half of 2009 behind us investors may be wondering if they have enough exposure to commodities in their portfolios. Several commodities gained value in the first 6 months of the year on expectations for a global economic recovery and on [...]