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Andrew Hecht

Fri, May 17th, 2024

Andrew Hecht

Andrew Hecht

Andrew Hecht is a commodities trader and analyst with over forty years of experience. He began his career at Philipp Brothers, the world's leading merchant physical commodities trading company, in the 1970s through the 1990s. Hecht spent two decades with Philipp Brothers working in the commodities division, Salomon Brothers division, and at Phibro Energy where he ran trading, sales, and marketing in a wide range of commodity products. He subsequently worked with banks, hedge funds, and institutions trading commodities and managing risk. The business took him around the globe to assist producers and consumers. 

Andy has taught at the university level and writes prolifically on commodities for many portals. He has been one of the top-rated and followed contributors at Seeking Alpha and other sites, including Barchart over the past years.

Most Recent Stories

How is the Dollar Index Declining Even Though it is Slightly Higher?

The dollar index has edged higher from the level in late February 2024. However, other markets are screaming the dollar index is losing value even though it has posted a slight gain.

$DXY : 104.62 (+0.11%)
GCM24 : 2,385.0 (-0.02%)
UUP : 28.56 (+0.25%)
UDN : 18.08 (-0.03%)
Can the Meats Rally During the Peak Season in 2024?

The annual grilling season, when beef and pork demand tend to peak, begins in a few short weeks at the end of May on the Memorial Day weekend. Cattle prices remain near record highs, and hog futures have...

LEM24 : 179.025s (+0.43%)
GFQ24 : 257.350s (+0.58%)
HEM24 : 98.375s (+0.90%)
Are the Gold and Silver Corrections a Compelling Buying Opportunity?

Gold rose to a new all-time peak, and silver almost reached $30 in April before the leading precious metals corrected. The decline from the recent highs could be another golden opportunity for traders...

GCM24 : 2,385.0 (-0.02%)
SIN24 : 29.900 (+0.08%)
$DXY : 104.62 (+0.11%)
Will World Sugar Futures Find a Bottom?

World sugar futures rose 2.69% in 2023 and were 9.43% higher in Q1 2024. In early Q2, the world sugar futures declined to below 20 cents per pound, the lowest price since early 2023. Given the price action...

CCN24 : 7,393s (-5.74%)
SBN24 : 18.33s (-1.72%)
CANE : 11.34 (-1.73%)
Is Copper Heading for a New Record High?

Copper prices were up over 2% in 2023. In Q1, COMEX copper futures gained 2.99% while the LME forwards moved 3.60% higher. Copper has been off to the races on the upside in early Q2, and it may not be...

HGK24 : 4.8810 (-0.22%)
P0Y00 : 10,424.00s (+2.01%)
HGN24 : 4.9130 (+0.74%)
CPER : 30.01 (-0.33%)
Bitcoin Stalls- Are Higher Highs on the Horizon?

Bitcoin has only ventured under the $60,000 per token level a few times since early March, as the price consolidated after making a new record peak. Bitcoin is the leading cryptocurrency, and the spot...

^BTCUSD : 65,568.34 (+0.48%)
Will Lumber Find a Bottom?

The recent plummet in lumber prices has been nothing short of a bearish freefall. The looming specter of prolonged high interest rates has led to a surge in mortgage rates, dampening the demand for new...

LBN24 : 528.50s (-1.31%)
ZBM24 : 117-31 (+0.05%)
Can Natural Gas Rebound?

In April 2024, natural gas is in the shoulder season, when heating and cooling demand dramatically declines. Natural gas prices tend to reach seasonal lows during spring and have fallen since the August...

UNG : 18.17 (+3.24%)
NGK24 : 1.614s (-1.47%)
NFK24 : 68.850s (-4.20%)
TGK24 : 27.994s (-3.09%)
What are the Most Bullish Factors for Crude Oil?

After declining in 2023, crude oil prices rallied in Q1 2024 and have edged even higher in the early days of Q2. Crude oil remains the energy commodity that powers the world, and the price prospects over...

USO : 76.25 (+0.49%)
BNO : 31.02 (+0.45%)
CLK24 : 82.85s (-0.35%)
QAM24 : 87.89s (+0.03%)
Is Silver Going to Break Out on the Upside?

Silver approached a test of the $30 per ounce level, the highest price since February 2021. If silver can eventually power through $30, it could be on a path to challenge the 2011 and 1980 highs.

SIK24 : 29.665s (+0.51%)
SLV : 27.06 (-0.22%)

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Foreign Investors just bought the most Turkish Bonds in over a decade https://t.co/fx6IJVfISR
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BREAKING 🚨: Chinese Housing Market Chinese Home Prices declined by the largest amounts in history last month!! https://t.co/YHKnCrR8hT https://t.co/uF0vBHvVrz
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Test 🚨: X seems so slow lately. Do you see this post?
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U.S. Rising Debt levels could harm the Treasury Market warns Bridgewater Founder Ray Dalio https://t.co/2AY6kaxOng
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Sugar falls to lowest price since November 2022 https://t.co/8bnLQsC4yw
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JP Morgan Insider Trading Alert 🚨 Executive Marianne Lake sold 11,734 $JPM shares for a total value of $2.34 million https://t.co/kmOj5xYvpJ https://t.co/KxHY1SiMtX
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Bears this week 😂 https://t.co/zSffCCdQIT
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A look at hyperinflation in Zimbabwe - 100 Trillion Banknote 👀 https://t.co/dai9aJa6Xk
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Chinese Stocks with an imminent Golden Cross formation https://t.co/xERTcA9zXg
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Stanley Druckenmiller loaded up on Small Caps in the first quarter by buying 31,579 $IWM call options for a total stock notional value of approximately $664 million according to CNBC. (This appears to be assuming 100 Delta Calls but strike and expiry are unknown). https://t.co/jHaceaWXjz
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