A Lumbering rally off a bottoming pattern

Lumber futures continue out of the bullish pattern toward resistance Since we identified the bottoming pattern in Lumber (NFTRH 674’s Commodities segment back in September) it has gone on to break out of the pattern, setting its sights on the SMA 200 (869) and associated lateral resistance (815). It will probably pull back as this extension upward is getting pretty peppy with RSI spiking a … Continue reading A Lumbering rally off a bottoming pattern

Coal gaining headlines, enter the Stag

Stagflation, Coal style My definition of Stagflation is ‘inflation that works to impair the economy’ (as opposed to appearing as a benefit as it does early on) and the problem is gaining momentum in India (and China). China isn’t the only huge Asian economy with a coal shortage now I usually make fun of MSM sources like CNBC (MarketWatch, etc.) with their dumb, herd scattering, … Continue reading Coal gaining headlines, enter the Stag