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 [...]

The day is not over but I have not had any strange things happen to me that are typical of this date. I’ll let you know next week if I made it the whole day. Crude failed to make a new high this week closing roughly $5  from its highs. Prices failed at the same [...]

There were little to no big movers just the status qou. Crude turned down today trading down over 2% as of this post. If we see a settlement below $100 I will turn bearish. Next support is seen at $98 followed by $93 on the February contract. Natural gas gave up another 2% today taking [...]

Over the years I’ve tried to stay informed on 50-60 different commodities and paying attention to commodities off the beaten path has provided my clients opportunities when the majors did not provide trading opportunities. For example following markets like lean hogs, cocoa or soybean meal when gold or oil are not giving clear signals.  Crude [...]

Over the years I’ve learned that when markets are quiet it is easy to fall asleep at the wheel and not abide to your plan but avoid those pitfalls to increase the likelihood for success. Crude bounced off support and closed back above the 9 day MA above $101/barrel. As long as $100 holds prices [...]

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 [...]

The impressive start to the year in both stocks and commodities is coming into question as some big movers start to retrace. The message is clear 2012 like previous years will likely be a traders market NOT buy and hold. Crude failed at its highs and by day’s end reversed to trade down nearly 2%. [...]

Today is only the second full day of trading as markets are still trying to find direction. I maintain a weighting in commodities is necessary for all suitable investors that desire diversification…just saying. Albeit slight gains Crude made it to higher ground and appears like we will see further upside from here. My suggestion exit any [...]

Investors, traders alike wasted no time putting money to work as most stocks and commodities started the new year on a  bang. We do not expect this pace to continue but perhaps the public is waking up to the fact that cash and debt will likely underperform select stocks and commodities in the foreseeable future. [...]

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 [...]