MBWealth’s Commodity Blog

We may have to admit we’re wrong in the next few days as a number of markets are exhibiting signs of higher ground. Stock, energies and metals could be on the verge of breaking out to new highs and we had previous forecast lower ground. Stay tuned as we may be adjusting our trading recommendations [...]

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 [...]

European Vacation – May be one of my favorite Chevy Chase movies but in this case describes where the policy makers heads are at. Seriously when will governments get out of the way and let systems fail and stop kicking the can down the road. On what planet should a 50% write-down be viewed as [...]

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 [...]

Just when it looks like a market is on the verge of breaking down or breaking out to the upside the market reverses. Two examples: Stocks appear that they are moving higher bonds look like the are trading lower but we are not believers of either just yet.  We’re suggesting the sidelines in a number [...]

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 [...]

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 [...]

Moves that in years past took weeks and sometimes months are now happening in days and sometimes hours so be extremely careful. I have heard of traders being carried out in body bags in this type of environment. This could be the “new normal.” Lower highs and lower lows that has been the story in [...]

If you notice most of our recent trade recommendations are contingent on the US dollar heading south again. If we see that happen most of our client’s  positions should start to cooperate…stay tuned. Continue to buy dips in Crude oil…we believe $78-80 in the November contract is your buy zone.We expect once we get a [...]