Recent blog posts
- Sugar Prices Near 3 Year Lows
- Are The Bonds A Sell?
- July Soybeans Higher--Corn & Wheat Lower Again
- Orange Juice Prices May Have Topped
- Have Cocoa Prices Turned Bearish?
- Coffee Prices Stuck In Trading Channel
- Crude Oil & Products Higher Again Despite Strong Dollar
- Where Are Cotton Prices Headed?
- Gold & Silver Down Sharply Again--Is There A Bottom?
- Do You Have A Game Plan?
Archives
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- February 2012 (258)
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- May 2012 (379)
- June 2012 (218)
- July 2012 (38)
- September 2012 (56)
- October 2012 (284)
- November 2012 (194)


Energy Futures-- The energy futures bucked the trend this week despite the fact that the dollar continues to surge higher but is not putting any pressure on energy prices as July crude oil is still trading above its 20 and 100 day moving average finishing up around $.90 this Friday afternoon at 96.40 a barrel climbing higher for the 3rd consecutive day following the S&P 500 to the upside.
Natural Gas Futures--- Natural gas prices are higher today by 6 points today trading at 3.99 in the June near a 7 week low retracing much of the gains that happened in recent months and as I have stated in many previous blogs I think natural gas is a buy at these levels even with warm weather entering in the Midwest.
Energy Futures-- The energy market saw extreme volatility every single day this week with crude oil rallying nearly $5 in the last 2 trading sessions above its 20 and 100 day moving average settling last Friday at $93 currently trading right around $96 with extreme price swings.
The energy markets this morning are sharply lower with crude oil down $2 a barrel at 91.50 trading lower for the 2nd consecutive day trading below its 20 and 100 day moving average with extreme volatility in the last couple of weeks as the daily chart shows absolutely horrible chart structure with giant moves up and giant sell offs such as today.
Energy Futures--- The energy market continued their volatile trade this week with crude oil rallying over $7 dollars from last week’s lows finishing down 50 cents a barrel at 93.10 and as I’ve been recommending in many previous blogs I think the energy sector is outrageously overpriced especially in crude oil with 23 year high inventory levels & waning demand and deflation across the globe especially in China pushing prices sharply lower once
Energy Futures-- The energy markets rallied on the close with crude oil finishing up $.95 in the June contract at 89.20 a barrel climbing higher for the 3rd consecutive trading session after dropping nearly $12 in a two-week span consolidating the recent price slide.

