This morning in the futures market the Amigos are still showing a cyclical bias with copper remaining plucky in its rally as the US and
Category: Commodities
A Couple Commodity Outliers Make Moves
We’ve been tracking the Lithium fund (not at all a pure play on Lithium, by the way) all along and put it on radar more
3 Metallic Amigos and a Liquid One on US-Iran
First, the Amigo that usually does not benefit from war, terror or pestilence after its initial impulsively bullish reactions. There’s always a first time, and
3 Metallic Amigos Ride Into 2020
At the dawn of what is going to be a hyper-interesting year in the markets and in society, let’s see what the lovable and goofy
Why Not Much Talk About Commodities?
I hear all this talk about why stocks are bullish… …and why stocks could be bearish. And even a lot of talk – including from
3 Metallic Amigos Weigh In, Post-FOMC
Since the macro often gets its pants in a bunch over FOMC, let’s see what these 3 economic metals have to say about the Fed’s
Happy Thanksgiving From the 3 Metallic Amigos
As they ride off to their respective gatherings let’s get an update from the metallic macro Amigos. The counter cyclical Amigo has existed outside of
3 Metallic Amigos, Updated
First off, if I am a precious metals bear I am just a bit taken aback that my post about the short-term bear flags in
Man Stares at Charts, Reverses Wildly Bullish Gold Stance in Favor of Copper
A fairly well known man who stares at charts (and usually predicts macro doom) in the gold “community” has suddenly seen positives going on in
3 Metallic Amigos, Live Futures
The cyclical Amigo, the counter-cyclical Amigo and the cross dresser Amigo. A weekly chart works best to make the point that copper is still struggling
Commodity (and Inflation) Fade Continues
As suspected, the various inflation/reflation trades were just bouncing in their downtrends as they have stopped within those downtrends after some pushed the limits. Commodities
Oil’s Seasonal Pattern
I was entertaining the idea of adding USO or some other crude oil related exposure this morning due to the chart of WTIC, per NFTRH
Mega Oil Knee Jerk
It may well have some lasting effect since it was a substantial attack with real supply implications. But you are now being called to action
Timber!
As far as the reflation trades go, I have a base metals mining position and a materials position. But really I am not positioned for