Commodity Trading Today Blog
Commodity Trading Today Blog provides news and articles on the world commodities markets.
Subscribe to our free Newsletter for reviews of trading systems, software, and comments on commodity markets. Go here now! Extra Bonus when you subscribe: Access to Free INO Trade Alerts! Oct 23, 2009, Crude Oil Moves Above $81Continuing the recent strong performance, crude oil futures in New York have surged past $81 a barrel. Nymex light, sweet crude futures rose 23 cents to $81.42, while ICE Brent in London moved 24 cents higher to $79.75. This is a high for US light,crude in 2009 and shows how the markets are growing ever more confident with further indications of economic recovery now apparent. The latest event was the release of data pointing to ever stronger economic growth in China, increasingly regarded as the engine that will pull the global economy out of recession. Add in encouraging financial results from notable US companies such as McDonald's, and a weakening US dollar and the commodity markets are inevitably going to look bullish. The question is whether or not this is a blip and we could see a second slowdown, or whether it represents a sustainable recovery? Oct 19, 2009, Crude Oil Hits 2009 HighUS light, sweet crude hit $79 a barrel today, continuing its strong surge on the back of a collapsing US dollar, growing optimism of a global economic recovery and good results from US companies. The price of crude oil is now almost double its March 2009 low, breaking through $79 before falling back later to $78.23 in New York. Meanwhile, in London ICE Brent fell back to $77.96 a barrel. These movements for crude oil seem strange considering the US still has relatively high stockpiles in its strategic reserve. As we look further out, what is likely to happen? Some analysts reckon this recent price surge is based on optimism rather than solid fundamentals, because there is still spare capacity and refiners' margins are low, while stocks of heating oil and diesel are in surplus. Other commodities also continue to move up strongly, with copper surging 4% today, while gold is touching $1,061 a Troy ounce, with many analysts predicting the yellow metal will reach $2,000 before long. With ballooning US deficits and a debt burden growing towards $12 trillion, the scenario is set for a much lower US dollar and strengthening commodity prices, including crude oil, gold, softs and the industrial metals like copper. Sep 28, 2009, Find an Online Options Broker, Plan Your Options Trading StrategyKey points when choosing an Online Options Broker, technology platform, margin rules, forex options, educational support, market exposure Sep 10, 2009, Currency and Commodity Trading, Trading Currencies for CommoditiesLooks at currency and commodity trading, how traders use commodity currencies as proxy for crude oil and gold Aug 31, 2009, Learning to Trade Commodities, Choose a Commodity Trading CourseGuide to learning to trade commodities, what to expect in a commodity trading course Jun 29, 2009, NMCE India, Agricultural Commodity Trading GrowthNMCE India is a major Indian commodity exchange, looks at futures market, spot trading, agricultural commodities including rice and coffee Permalink -- click for full blog post "NMCE India, Agricultural Commodity Trading Growth" Mar 25, 2009, How to Swing Trade Aggressively with OptionsHere is a novel way of looking at Swing Trading with Options by Carley Garner. Being privy to the options and futures markets along with trial Permalink -- click for full blog post "How to Swing Trade Aggressively with Options" Mar 11, 2009, Could $80 Oil Hit US Economy?With a collapse in global economic growth, crude oil (NYME_CL)prices have fallen dramatically from the heady heights of July 2008. But now the Permalink -- click for full blog post "Could $80 Oil Hit US Economy?" Feb 17, 2009, Crude Oil Falls 7% On Economic ConcernsWhile President Obama signed off the $787 billion stimulus package, economic concerns weighed on crude oil prices which fell almost 7% on Permalink -- click for full blog post "Crude Oil Falls 7% On Economic Concerns" Feb 6, 2009, Can CRB Index Predict Inflation and Deflation?The CRB index or indicator was established in 1957 and seems to have accurately forecasted every surge in the deflation and inflation cycles ever Permalink -- click for full blog post "Can CRB Index Predict Inflation and Deflation?" Jan 30, 2009, Introduction to Option Selling, Opportunities and PitfallsOption trading offers traders an unlimited number of strategies with various levels of risk and reward. Unfortunately, many retail traders are Permalink -- click for full blog post "Introduction to Option Selling, Opportunities and Pitfalls" Jan 29, 2009, How to Trade EURUSD Forex And Reduce Stress LevelsLet’s look closely at the Euro and Dollar (EURUSD) relationship in the forex markets, the largest in the world, worth trillions daily and which Permalink -- click for full blog post "How to Trade EURUSD Forex And Reduce Stress Levels" Jan 26, 2009, Wall Street's Commodity ConundrumCommodity Talent LLC issues White Paper on Wall Street’s Commodity Conundrum NEW YORK, NY – January, 2009 Commodity Talent LLC, an executive search Permalink -- click for full blog post "Wall Street's Commodity Conundrum" Jan 24, 2009, What Are Super-Contango Oil Profits?Normally the futures price of a commodity a few months out is higher than the current spot price and the difference is called contango. After Permalink -- click for full blog post "What Are Super-Contango Oil Profits?" Jan 21, 2009, Is Gold The Antidote to Economic Crisis Fallout?The question often asked is whether investing in gold is an antidote to this mega economic crisis which is gripping the global economy. In fact had Permalink -- click for full blog post "Is Gold The Antidote to Economic Crisis Fallout?" Jan 20, 2009, LME Aluminium price falls as inventories surge to recordA surge in aluminium inventories to over 2.53 million tonnes sees the metal price fall to reach a September 2003 low. On the LME, primary Permalink -- click for full blog post "LME Aluminium price falls as inventories surge to record" Jan 15, 2009, Video on Diversifying Commodity Futures Trading ExposureI have just watched an excellent video showing the benefit of diversifying your commodity futures trading exposure, using Market Club’s Trade Permalink -- click for full blog post "Video on Diversifying Commodity Futures Trading Exposure " Jan 13, 2009, Watch This EUR USD Forex Video AnalysisWhile you focus on trading commodity futures, maybe Forex is what your portfolio is missing. Trading crude oil exposes you to a big market, but Permalink -- click for full blog post "Watch This EUR USD Forex Video Analysis " Jan 12, 2009, Outlook for Arabica Coffee Futures in 2009So where can we expect ICE Arabica coffee futures to move over 2009, given that last year saw an 18 per cent fall in prices due in large part to Permalink -- click for full blog post "Outlook for Arabica Coffee Futures in 2009" Jan 12, 2009, Top Secret for Successful Commodity TradingProbably the biggest secret for achieving success in commodity trading is discipline. And the biggest hurdle the commodity trader faces and must Permalink -- click for full blog post "Top Secret for Successful Commodity Trading" Jan 12, 2009, Tell Me About The American Petroleum InstituteThe American Petroleum Institute (or API) is a US trade group which represents the oil and natural gas industry. Members of API can range from Permalink -- click for full blog post "Tell Me About The American Petroleum Institute" Jan 9, 2009, Remember, trade the market, not the economySo what do we mean when we say... trade the market and not the economy? Aren't these just two sides of the same coin? We'll in fact in more Permalink -- click for full blog post "Remember, trade the market, not the economy" Jan 6, 2009, Traders Whiteboard, Use A Trendline ApproachAdam Hewison of INO.com has released a very helpful trading video on the trendline approach on the traders whiteboard. By using a simple Permalink -- click for full blog post "Traders Whiteboard, Use A Trendline Approach" Jan 5, 2009, How to connect the market dots in 2009 VideoOne of the easiest ways to determine the trend in new year is to simply connect the dots. In this five minute video, I explain how you can Permalink -- click for full blog post "How to connect the market dots in 2009 Video" Jan 4, 2009, Trade ICE Cocoa Futures, Exciting Soft CommodityDetails Ice Cocoa Futures contract, looks at deliverable cocoa bean grades on ICE Futures US for this exciting soft commodity Permalink -- click for full blog post "Trade ICE Cocoa Futures, Exciting Soft Commodity " Jan 1, 2009, Cocoa Commodity Trading, Soft Commodities MarketsLooks at cocoa commodity trading, world cocoa production and demand, harvesting and quality grades of cocoa such as Forastero and Criollo Permalink -- click for full blog post "Cocoa Commodity Trading, Soft Commodities Markets " Dec 19, 2008, Dalian Commodity Exchange, Emerging Agricultural Futures MarketAbout Dalian Commodity Exchange, a fast growing commodity futures exchange in China focusing on non-gmo soybean, corn and palm oil and other agricultural commodities Dec 17, 2008, Gold In Backwardation, Gold Bullion As MoneyLooks at gold in backwardation, the link between comex gold futures and spot gold bullion prices, and possible implications for the paper monetary system Permalink -- click for full blog post "Gold In Backwardation, Gold Bullion As Money " Dec 15, 2008, Gold Exchange Traded Fund, Liquid Exposure to GoldUsing a gold exchange traded fund such as spdr gold shares or gold bullion securities for commodity traders or investors to gain exposure to the liquid gold market Permalink -- click for full blog post "Gold Exchange Traded Fund, Liquid Exposure to Gold " Dec 13, 2008, Supply of Gold Dynamics, Gold Mining ProductionLook at supply of gold dynamics, sources such as gold mining production, central bank sales of gold bullion and recycling the yellow metal from industrial applications Permalink -- click for full blog post "Supply of Gold Dynamics, Gold Mining Production" Dec 12, 2008, Investing In Gold, A Hedge Against InflationReasons for investing in gold, including a hedge against inflation and the US dollar, using gold bullion and other instruments Permalink -- click for full blog post "Investing In Gold, A Hedge Against Inflation" Dec 5, 2008, Connecting The Dots, Detemine Market TrendOne of the easiest ways to determine the trend in any market is simply to connect the dot's. Let me share with you this five minute video by Adam Hewison of INO.com, where you will see how you can connect the dots in any market to determine its trend. See three examples of connecting the dots...
One of the key components to look for is how a market closes on a Friday or the last trading day of the week. This is when traders have to decide what they want to do with their positions. It also tells you with a high degree of probability which way the market is headed for the upcoming week. Adam learned this trading secret on the floor of the Chicago exchange and it is one I would like to share with you today. I feel that this technique has a lot of validity, particularly in light of today's volatile markets. Enjoy the Video! William Davies Nov 21, 2008, How Low Can The Dow Go?Make no mistake about it, the market action on Wednesday (November 19th) was extremely negative for all of the indices that we track. The close below 8,000 on the DOW can only be described as negative, indicating further weakness to the downside. I am looking for this index to trade down to around the 6600-6700 level. Looking at the charts using our "Trade Triangle" technology, it is clear that the Dow has been under pressure since our first major sell signal at 11,290. I see no reason to alter this stand, as I believe the trend will continue to be on the downside, with further weakness in the weeks and months to come. Here are the three choices you have as an investor:
I'm often amused when I see people buying "defensive stocks." Why not get out of the market entirely when it's going down. Doesn't that make more sense to everyone? However, most brokers want you to stay in the market at all times fearing that they will miss a bottom. The key in trading is not to get out at the top, or in at the bottom. An investor's goal should be to capture 70% of a move. The middle is the sweet spot, and if you make enough in the middle then who cares about the tops and bottoms. Check out my new video and see exactly where we got out of the indexes and were we see the market headed right now... Enjoy the video! William Davies Nov 20, 2008, Crude Oil Below $50 A BarrelCrude oil has fallen below $50 for the first time since May 2005. Persistent worries about a world recession and a fall in global oil consumption are the main drivers. Earlier today NYMEX West Texas Intermediate light, sweet crude oil futures fell to $49.76. While on ICE Futures Europe in London, Brent Crude dropped to $48.92 a barrel. The US which consumes a quarter of world oil production has seen a significant fall in imports. From 10.1 million barrels a day in September 2007, one year on US oil imports are 8.4 million barrels a day, a fall of 16.5%. To reinforce this fall in demand, the Energy Information Administration said US stocks of crude oil surged by 1.6 m barrels last week, twice the amount expected. Compared to its high point in July 2008 of $147, the price of crude oil has now fallen by two thirds. And significantly OPEC has a crucial meeting on 29 November in Cairo, when a decision will be made whether or not to cut output again. In October the oil cartel announced a cut of 1.5 millon barrels a day. Permalink -- click for full blog post "Crude Oil Below $50 A Barrel" Nov 18, 2008, About Us at Commodity Trading Today, Contribute Your ArticlesAbout us and our guest contributors and how you can contribute your articles to Commodity Trading Today |