It’s the weekly commodity edition of What the FICC?
I have to imagine Uranium stocks catch a bid if copper and gold are ripping higher.
Check it out!
Expert technical analysis of financial markets by JC Parets
by Ian Culley
It’s the weekly commodity edition of What the FICC?
I have to imagine Uranium stocks catch a bid if copper and gold are ripping higher.
Check it out!
by Ian Culley
From the Desk of Ian Culley @IanCulley
Commodity prices remain elevated despite easing inflationary pressures.
It’s evident in the two overarching themes across the commodity space – resilience at the index level and relative strength from metals.
I’ve been vocal about both, urging readers not to fight DR. Copper while teasing the possibility of Gold reaching 5K. I’m serious about both!
Strength likely spills over into the periphery if we’re in an environment where gold and copper print fresh highs.
That brings us to my favorite chart this week…
by Ian Culley
It’s the weekly commodity edition of What the FICC?
Every day we have the choice to either follow the news or follow trends. I choose the latter…
Check it out!
by Ian Culley
Inflation has peaked!
Or so I’ve been told…
Rates are rolling over, undercutting their June highs from last year. High-yield debt, including emerging-market bonds, is catching a bid.
And major commodity indexes are on the verge of breaking down.
That all sounds logical to me.
But just because inflation might begin to ease doesn’t mean I’m taking a bearish stance on inflationary assets, especially commodities.
As crazy as that may seem, these next four charts support my case…
by JC
This is the recording from the live January 2023 Conference Call for Members of the Allstarcharts India! Before getting into individual stock ideas in India, we’re going to first start with the global macro perspective. Once we identify the direction of the underlying trends from a structural and broader view, then we’ll dive into the NIFTY Indexes on both longer-term and short-term timeframes. We want to look at Large-caps, Small-caps, and everything in between before getting into the Sector and Industries themselves like Energy, Banks, and Pharma.
This is when we finally break things down to the individual stock scenario with identified risk vs reward opportunities. That is what this is all about – aligning ourselves in the direction of the underlying trend while at the same time identifying where the risk is to make sure the potential reward is skewed exponentially in our favor. You will find that throughout this process we discuss Momentum, Fibonacci and Relative Strength. I encourage you to check out the Education Section so you know exactly where I’m coming from when you hear me mention these tools.
Here is the video in full:
by JC
This is the video recording of the January 2023 Mid-month Conference Call.
by Ian Culley
It’s the weekly Gold Rush!
As gold futures approach a significant area of overhead supply, we cover the most important charts in the space.
Check it out…
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by Ian Culley
From the Desk of Ian Culley @IanCulley
The NYSE might be closed today, but futures markets are open.
And while the volume remains low during US trading hours, it hasn’t stopped Gold futures from revisiting a critical level.
Gold currently challenges a price level engrained in goldbugs’ minds worldwide…
The prior commodity supercycle peak!