Archive | January, 2009

Carley Garner

CommodityTrader.com is pleased to be introducing two new contributors to this blog and the first is Carley Garner of DeCarley Trading. Senior Market Analyst and Broker, Stocks and Commodities Magazine Columnist and Industry Educator.   Carley Garner is a Magna Cum Laude graduate of the University of Nevada Las Vegas, from which she earned dual bachelor’s […]

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Gold Futures

Gold Backs Off, but Still in Uptrend on Daily Chart

February gold futures have backed down from Monday’s high of $916.30 an ounce, which did mark a fresh three-month high. Profit-taking pressure has been featured since Monday’s high, but no chart damage has been inflicted and prices are still in a three-month-old uptrend on the daily bar chart. In an important recent development, gold prices […]

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Wall Street Commodity Wizards

For commodity trading, the year 2008 ended with a conundrum: Prices plummeted from records set midyear in the fastest drop in five decades, but, abracadabra! Morgan Stanley, Merrill, Citigroup, JPMorgan, Barclays, Deutschebank — the lion’s share of Wall Street’s commodity units — racked up best results ever. And commodities powerhouse Goldman Sachs neared its record, […]

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March 2009 Corn Futures

March Corn Appears Ready to Commit

March corn futures at the Chicago Board of Trade have seen choppy and non-trending price action the past two weeks. However, trend-line analysis suggests the next two trading days (Thursday and Friday) could be extra important for price action in corn in the coming few weeks. The daily bar chart for March corn futures shows […]

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Option Queen Letter

For all those anxious to see the end of the Bush bashing years, you will have to wait several more months. The economy isn’t getting any better, however; we are getting used to the fact that we can live without spending. We shoppers have become or evolved into price seekers and not price takers. We […]

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Lean  Hogs

Lean Hogs Suffer Fresh Chart Damage

February lean hog futures at the Chicago Mercantile Exchange on Wednesday gapped lower on the daily bar chart and hit a fresh two-week low. Prices are now back down near strong technical support at the contract low of $58.90. Prices are also in a six-week-old downtrending channel on the daily bar chart. A close below […]

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factory trouble

Battle of the Titans

For those of you that prepare yourselves, the OPPORTUNITIES will be abundant and limitless; for those that don’t it could be a very difficult period. “Volatility is OPPORTUNITY” and it is still set to skyrocket as G7 Public servants, financial and banking sectors and their crony capitalist campaign supporters try to escape INSOLVENCY and transfer […]

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wheat futures

Chicago Wheat Bulls Starting to Fade

March wheat futures at the Chicago Board of Trade on Wednesday saw prices touch a fresh three-month high of $6.46 1/4 a bushel. However, prices then backed off by the close Wednesday to close solidly lower, near the session low and produce a bearish “outside day” down on the daily bar chart. The market on […]

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What Goes Up….

Soft markets gave back some of yesterday’s gains as most all commodities followed the lead down in crude and equities. There remains some optimism stemming from commodity values being viewed as undervalued assets in a new investment environment. Whether funds receive additional monies and decide to place it at work in commodities is the biggest […]

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Human Behavior on Speed

The Madoff scandal and the housing bubble have something in common…..greed. Both scandals were obvious and both scandals were ignored. As a matter of fact, the dot.nothing bubble was based on much of the same greed and piranha feeding. That bubble burst sending interest rates to the floor which inspired the housing bubble which burst […]

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