U.S. Stocks Drop Most in Three Weeks – Bloomberg Russia Backs Return to Gold Standard – Telegraph Russia, China Cooperate on New Currency Proposals – AFP GM CEO Wagoner Forced Out as Part of Government Plan – MyWay News Copper Drops Most in Six Weeks – Bloomberg FDR Was No Milton Friedman – Wall Street [...]
Join Lind-Waldock for two live webinars this week. Today, Lind Plus Senior Market Strategist Dan Pavilonis will discuss the fundamental and technical outlook for crude oil. Join Dan at 3:30 p.m. CT and ask any questions you have about the markets live. He will also take a look at his commodity picks. Register here at [...]
Crude Oil Falls as Stronger Dollar Curbs Appeal of Commodities – Bloomberg Corn, Soybeans Fall as Oil-Based Drop May Curb Crop-Based Fuels – Bloomberg Deutsche Bank Raises 2009 Forecasts for Copper, Lead – Bloomberg Food Costs: Prices Starting to Get Reined In – Chicago Tribune U.S. Consumer Spending Edges Up – Reuters Gold Ends Lower [...]
May NYMEX crude oil futures ended down $1.99 a barrel to $52.35, but the market is still up about 17 percent this year. Has the market gotten ahead of itself? According to a Bloomberg Report, Goldman Sachs Group said fundamentals don’t support higher crude just yet. According to the article, the discount for May crude [...]
Lind Plus Senior Market Strategist Jeff Friedman was quoted in the Dow Jones “Rate Futures Report” March 24, 2009. Read what Jeff thinks about the Federal Reserve’s plans to purchase debt. Lind Plus Senior Market Strategist Adam Klopfenstein was quoted in a Bloomberg article on March 26, 2009, “Gasoline Tops $2 a Gallon for First [...]
U.S. Stocks Surge, Nasdaq Turns Positive for 2009 – MarketWatch Oil Rises Above $54 on Optimism Over GDP Report – MarketWatch Mortgage Rates Hit Record Low – MarketWatch China Opening Steel Futures Mart, U.S. Cool to Idea – Reuters Gold Firms, Platinum Climbs to 6-Month High – Reuters Treasuries: Bonds Rise on Good Auction, Looming [...]
Trading with Fibonacci Numbers By Dennis G. Cajigas Fibonacci analysis can be complex, including concepts such as retracements, arcs, fans and other variations that can be applied to any price chart. I will offer a brief introduction to Fibonacci number sequences and ratios, and apply the concepts of arcs and fans to both longer-term and [...]
The Great Recession – CNN Money Wall Street Manages Gains – CNN Money Treasuries Fall as Five-Year Note Auction Draws Yield of 1.849% – Bloomberg U.S. Must Create Single-Markets Regulator, ISE CEO Katz Says – Bloomberg Wheat Falls Most in Two Months as Wet Weather Boosts U.S. Crops – Bloomberg Geithner Sends Dollar on a [...]
A Sweeter Tune Comes with a Note of Caution – MarketWatch It was Good While it Lasted, Dealer Survey Finds – MarketWatch Exchanges Propose Modified Uptick Rule – MarketWatch Fed Officials Say Policies Must Tackle Growth, Prices – Reuters U.S. May Need More Foreign Oil as Drilling Falls – Reuters U.S. Rice Growers See Obama [...]
A Bullish Corn Strategy Into Growing Season By Mike Sabo Corn has been moving up with other commodities in recent days as hope springs eternal for an economic turnaround, and I think the market is looking bullish heading into the March 31, 2009 USDA Planting Intentions Report. May corn futures rose above $4 a bushel [...]
