MBWealth’s Commodity Blog

Please click on the spreadsheet to view Energies Reacting to the Dubai news on Friday Crude oil traded intra-day to its lowest level in 7 weeks, just below $72 in the January contract. We could see that level revisited in the coming weeks, only time can tell. The dilemma we are facing is will this [...]

  Please click on the spreadsheet to view Energies Oil is trading $5 off its highs reached a month ago but is $12 above the lows just two months ago so where from here? We maintain that prices should come down before establishing longs for clients; we’re expecting $76 and the $74 on the January [...]

Please click on the spreadsheet to view Energies Crude appears to be rolling over headed for lower territory, nevertheless we suggest looking at outside markets for guidance. If the dollar continues south and the equity market can hold its own we may not see much of a setback. We have a target of $76 and [...]

Please click on the image below to view the spreadsheet.

For May25th– May 29th 2009 By: Matthew Bradbard If China is increasing protein in their diets and buying more soybeans, then maybe you should be long soybeans. If China is stockpiling copper to have an ample supply for building an infrastructure, then maybe you should be long copper. If rumors circulate that China is diversifying [...]

For May18th– May 22nd 2009 By: Matthew Bradbard You don’t need to go to the zoo to see animals, rather look at the common investor and how they maneuver within their portfolio. I’m not talking about giraffes and elephants but rather bulls, bears, pigs and sheep. Bulls make money in a bull market, bears make [...]

For May11th– May 15th 2009 By: Matthew Bradbard The latest advance in stocks and commodities with the fall in treasuries and the US dollar, could in fact be a precursor of what is to come but the pace of the advances and declines is flawed. These spectacular moves in such a short time are irrational [...]

For May 4th– May 8th 2009 By: Matthew Bradbard For the last year and half we have gotten bad news about the economy and we are now starting to see more favorable news trickle in, the key is to be objective and to look at everything. It seems that all the markets are interconnected as [...]

For April 27th– May 1st 2009 By: Matthew Bradbard It is viewed by many that a modest increase in commodity prices is a sign that demand is coming back to the market. We need to point out demand is only one side of the equation, the other being supply. We do agree that once prices [...]

For April 20th– April 24th 2009 By: Matthew Bradbard According to several news sources the US government will issue a report on April 24th that explains its stress test on 19 of the largest financial firms and then release the actual results of those tests on May 4th. What these tests should confirm is that [...]