Subscribe to RSS
TLTs Should Hold
Let’s notice that the iShares 20+ Year Treasury Bond ETF (NYSE: TLT) is testing the 102.00-101.80 area, which represents the lower channel support line off...
The USDA continues to tighten up the beef supply/demand table.
LEAN HOGS Good morning. Cash hog prices were strong in the western hog belt yesterday with the cash call for today fully steady to higher. Lean hog futures moved...
Daily Forecast : September 03
EURUSD Forecast: The EURUSD didn’t make significant movement yesterday. The bias is neutral in nearest term but we are still in bullish correction phase as...
Thrust in Gold
Not sure what specifically triggered the pre-market thrust in gold and in the SPDR Gold Shares (NYSE: GLD), but there are probably 10 fundamental reasons we can...
Cash hogs and pork cutout both expected to be lower again today.
LEAN HOGS Good morning. I’m running way late today, thus, this comment will be brief. Cash hogs are expected to be under pressure today. Lean hog futures broke...
EURUSD Weekly Summary: Two technical facts which may lead Euro to fall further
EURUSD Weekly Summary: Two technical facts which may lead Euro to fall further The EUR/USD attempted to push higher this week, topped at 1.2921 after some positive...
S&P 500 Pattern Morphs Into Near-Term Top
My 4-hour chart analytics of the emini S&P 500 have morphed from a potentially bullish coil or triangle formation (Aug 5 into Aug 10 post-FOMC close) into...
Chart of the Day – 8/02/2010 – EUR/USD
8/02/2010 – EUR/USD – Price action on EUR/USD (a 4-hour chart of which is shown) as of Monday (8/02/2010) morning has made a dramatic upside breakout above...
Drummond and Forex
Just dropping by this board, seems not so much a discussion board but a place for analysts to post daily commentary? If not a discussion board then excuse the post...
EURUSD Weekly Summary – July 24
EURUSD Weekly Summary: The EURUSD was indecisive this week, formed a Doji on weekly chart. We are still in an upside correction phase and price consolidating lower,...
Chart of the Day – 7/23/2010 – Spot Gold
7/23/2010 – Spot Gold – Price action on gold (a daily chart of which is shown) as of Friday (7/23/2010), continues to hover just above a long-term uptrend support...
A Hard Look at ‘Ponzi USA’
Our assertion here yesterday that stock-market bulls have bought into an epic swindle elicited some spirited discussion in the Rick’s Picks forum. We never...
Counter