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Andrew Hecht

Sun, May 19th, 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

Bonds and QT: Did the Fed Send a Signal?

Quantitative tightening is the Fed’s process of reducing its balance sheet. After purchasing debt securities during and after the 2020 global pandemic, the U.S. central bank has allowed those purchases...

ZBM24 : 117-10s (-0.50%)
TLT : 91.39 (-0.67%)
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 : 104.49 (-0.01%)
GCM24 : 2,417.4s (+1.34%)
UUP : 28.56 (unch)
UDN : 18.07 (-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 : 181.050s (+1.13%)
GFQ24 : 259.850s (+0.97%)
HEM24 : 96.500s (-1.91%)
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 : 2,417.4s (+1.34%)
SIN24 : 31.259s (+4.63%)
$DXY : 104.49 (-0.01%)
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 : 7,348s (-0.61%)
SBN24 : 18.13s (-1.09%)
CANE : 11.23 (-0.97%)
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 : 5.0570s (+3.37%)
P0Y00 : 10,668.00s (+2.34%)
HGN24 : 5.0500s (+3.55%)
CPER : 31.19 (+3.93%)
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 : 66,912.05 (unch)
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 : 527.50s (-0.19%)
ZBM24 : 117-10s (-0.50%)
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 : 19.10 (+5.12%)
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 : 76.97 (+0.94%)
BNO : 31.25 (+0.74%)
CLK24 : 82.85s (-0.35%)
QAM24 : 87.89s (+0.03%)

Tweets @Barchart

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Financial Conditions are now the loosest since January 2022 https://t.co/Z4atROcWF6
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Over the last 5 years, investing in the Nasdaq $QQQ would have generated a return of 158%. Investing in Cathie Wood's Ark Invest $ARKK would have brought home gains of 9%. https://t.co/wAN8DaUwlT
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If you’re looking for a guru to listen to, make it Peter Lynch https://t.co/mOhKn9z6jq
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Will the S&P 500 hit 6,000 this year?
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Options Trading 101 😂 https://t.co/B1Hvg6SBkb
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Utility Stocks just saw their largest weekly inflow since November 2022 https://t.co/vwhcRrxGOK
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Are Gold and Silver about to moon? Barchart’s John Rowland was interviewed by Ron from @BasementRon to get his thoughts. https://t.co/aj9JondVnX
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30-year bonds have declined 45% since April 2020, the largest 4-year loss in over a century 🚨 https://t.co/ioemywYv74
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