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 [...]

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 [...]

Stocks and commodities should come under pressure as we see lower trade across the board. The only aberration is oil which I remain puzzled on. Crude traded to a six month high closing above $101/barrel. I cannot find any justification for prices to remain at these elevated levels…that being said until we see signs of [...]

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 [...]

Out of stocks and commodities and back into dollars and Treasuries…will it last? A true tug of war in Crude today as outside market influence should have dragged oil lower today but EIA data and continued unrest in the Middle East has a fear premium being built in. Some clients have opted to cut loses [...]

Short term expect more weakness in securities and commodities…medium to  longer term use this weakness as buying opportunities at least in commodities. Intra-day Crude was down by over $4/barrel  but as of this post prices are only off $1.70. We remain bearish with some of  aggressive clients expecting further downside. The first support is seen [...]

That is  a loaded question because investing in commodities is not safe however if a clearing firm goes out of business and you have a futures account the answer is yes. With the passing of MF Global I was asked this question a number of times today so I wanted to put all prospective commodity [...]