Highly Accurrate Technical Analysis Today, 3 to 5 Days Out, 2 to 3 Weeks Out and 2 to 3 Months Out
Paragon's take on this week's commodities news.
On Wednesday, the black gold moved lower once again after government data showed an increase in crude oil production, which offset a decline in crude oil and gasoline inventories. Thanks to these circumstances,...
If shale is so good then why are the oil stocks so bad. Downgrades across the energy sector raises real questions about the ability of shale producer to operate with prices in the low $40s. It also questions...
After a shortlived rebound yesterday the Dow and S&P fell into negative territory. Will this change today? Read on to learn more...
Many are now saying crude oil will drop to $30 a barrel. Could this happen? Of course anything can happen in the markets, and it was not too long ago that crude was trading at $30. Looking at the weekly...
Bears have solid technical advantage amid price downtrend. However, the market is now short-term oversold and due for an upside bounce very soon.
Crude oil prices have plunged far below what the oil fundamentals might suggest and even hardened bears are starting to question this selling madness. The price drops and current levels will destroy the...
Yesterday the Dow dropped even though Existing Home Sales beat expectation. What will we see today? Read on to learn more...
Oil traders piled onto the downside driving oil into bear market territory in a July crude oil future expiration sell off that will be one to remember. The market is still struggling and not even the fact...
Yesterday the markets fell after the effects of the mega merger. Will this continue today? Read on to learn more...
Coffee is into buy territory with one month holding down by the lows. Advise to clients for month that coffee was starting to setup for; The despised type trade. Nobody wants to hear, to buy it (like...
July crude oil futures go away today and it will be up to the August crude futures to find a bottom. As U.S. oil production is showing signs of faltering (up only 12,000 barrels in June as opposed to an...
On Friday, the black gold gained 1.15% and climbed to the previously-broken lower borer of the trend channel. Is this a verification of the earlier breakdown or something more?
Yesterday the markets continued its upward trend based on the Amazon-Whole Foods merger. Will that change today? Read on to learn more...
Today's Commentary
Corn futures ended the week with losses of 3 1/4 to 5 1/2 cents, with July down 6.84% since last Friday. Friday’s Commitment of traders report showed spec funds adding back 35,896 contracts to their net short position as of Tuesday, after last ...
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Alan Brugler writes this daily agricultural markets overview with opening, midday and closing comments directed at the gain and meat Ag markets.