It’s the weekly commodity edition of What the FICC?
The major commodity indexes look ready to roll despite sustained strength from precious metals.
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?
The major commodity indexes look ready to roll despite sustained strength from precious metals.
Check it out!
by Ian Culley
From the Desk of Ian Culley @IanCulley
The Bloomberg commodity index $BCOM is breaking down, approaching fresh 52-week lows.
Somehow Gold and Copper didn’t get the memo. They must be too busy printing new highs.
But when we review other major commodity indexes (including our own equal-weight index of 33 individual contracts), they look poised to roll over.
by JC
It’s a new year with new leaders emerging in the market. So what better time to drop in and chat with our friends over on Fox Business about what’s going on.
Charles likes my Ratio charts so we took a look at some of those.
But I think the bigger point here is that Gold doesn’t have to be this ‘End of the world’ trade that some make it out to be.
History has proven time and time again that Gold prices can rise, even during bull markets for stocks. And to be clear, Gold prices can also fall along with stocks.
They are not mutually exclusive.
Check out the full clip and let me know what you think!
by Ian Culley
From the desk of Steve Strazza @Sstrazza
We held our January Monthly Strategy Session Tuesday night. Premium Members can access and rewatch it here.
Non-members can get a quick recap of the call simply by reading this post each month.
By focusing on long-term, monthly charts, the idea is to take a step back and put things into the context of their structural trends. This is easily one of our most valuable exercises as it forces us to put aside the day-to-day noise and simply examine markets from a “big-picture” point of view.
With that as our backdrop, let’s dive right in and discuss three of the most important charts and/or themes from this month’s call.
by JC
This is the video recording of our January 3rd Monthly Charts Live Strategy Session
by JC
For over a decade, stocks in the United States outperformed Commodities by a long shot.
In fact, Commodities underperformed for so long, that many investors even forgot that they were an asset class.
“Stocks and Bonds JC!”, they would tell me.
And I would say, “No kids, it’s Stocks, Bonds AND Commodities”. [Read more…]
by JC
Was 2022 such a hard year in the market like the media keeps telling you?
Or was it just a normal year that was hard, because every year is hard?
I think about this a lot. [Read more…]
by Ian Culley
From the Desk of Ian Culley @IanCulley
So long, 2022. It’s been real.
With only a few trading hours left in the year, I’m ready to turn the page. I’m sure plenty of you can relate.
In the spirit of looking ahead to a bright and beautiful 2023, I want to share seven of my favorite commodity charts for January.
No grand thesis, just seven potential setups that have my attention heading into the new year.