Updated: August 10, 2017Steve Craig tells you about energy ETFs and explains how they let you gain exposure to energy markets without the leverage involved in futures trading.
Updated: July 5, 2017On Feb. 4, 2017, a major financial publication proclaimed: "Oil Prices Headed Higher in 2017." Conversely, one day earlier, EWI's energy analyst said "we need to respect the possibility that a significant top is in place." That top remains intact.
Updated: March 31, 2017Supply and demand factors do influence crude oil prices -- as with any physical commodity, for that matter. However, crude oil futures are also a financial market. Here's what that implies.
Updated: March 16, 2017For commodity investors and traders, it's easy to fall victim to information overload.
Updated: September 21, 2016In mid-2015, sugar futures were mired in a multi-year bear market, with prices plunging to an 8-year low. All fundamental signs pointed D-O-W-N. But instead, sugar prices turned up, in a powerful 90% rally! Know the real reason why, today.
Updated: September 13, 2016About three months ago, hedge fund managers were the most bullish on bonds they've been in 10 years. Yet, our July Elliott Wave Financial Forecast warned a "trend reversal is nigh." Just four trading days later, on July 8, bond futures made their closing high. Take a look at these two charts.
Updated: August 23, 2016Treasury Bonds are nobody's idea of a great action movie, yet that's sort of the point. But ... the extremes we see in Treasuries today are as extreme as this market gets.
Updated: July 28, 2016In early June, crude oil prices took a flying leap from 10-month highs, tumbling 15% to a three-month low on July 27. As for seeing oil's reversal coming in advance -- the "parachute" of fundamental analysis didn't "open" in time ...
Updated: June 23, 2016The rally in 30-year U.S. Treasury bonds has been over-believed. For example, hedge funds were recently at a record net-long position in futures and options contracts relative to open interest. Our analysis reveals prices are at a critical juncture. Take a look at these two charts.
Updated: June 14, 2016Holy Soy! Between March 1 and June 1, soybean prices went from an 8-year low, to being the #1 performer among all 22 listed futures on the Bloomberg Commodity Index. Oddly enough, there was no fundamental reason for bean's bullish comeback. There was, however, an Elliott wave one!
Updated: June 9, 2016In February, professional investors were record net short futures and options contracts on oil. Yet, we took the opposite stance. On June 8, crude closed at a new 2016 high. Take a look at this chart.
Updated: May 4, 2016Yes, major weather events can temporarily alter prices. But ultimately, they will go back to resume their natural course. Take, for example, the recent performance by soybean futures.
Updated: April 21, 2016Tom Denham talks about recent price action in gold and silver.
Updated: December 2, 2015chart of the day | The Elliott wave pattern and the extreme sentiment show us the direction the trend in the euro should take next -- plus the specific price points to watch, which will help confirm the forecast.
Updated: November 23, 2015Copper's uses are so widespread that earned a nickname for "diagnosing" the economy -- as in, "Dr. Copper." Well, Dr. Copper's prices have not been doing that great. On Nov. 23, MarketWatch reported that, "Copper futures slumped to six-year lows..."
Updated: September 22, 2015chart of the day | Two groups of futures and options traders, their activity in the gold futures market, and why (as usual) the extremes are extremely relevant.
Updated: August 4, 2015You might not have noticed it that much at your favorite gas station (there isn’t always a perfect correlation between crude oil and the price at the pump) but in July alone, crude oil futures fell more than 20%, to bottom just above $45 a barrel on August 3.
Updated: June 4, 2015Where are commodity prices headed? Get some answers from EWI's Commodity Junctures editor, Jeffrey Kennedy -- and learn about the "30-year cycle."
Updated: May 6, 2015On May 5, crude oil prices soared above $60 a barrel for the first time in five months. Now, see why the May 4 Libyan oil port protest is not the bullish catalyst.
Updated: April 24, 2015In 2011, fundamentals painted an ongoing bullish picture for copper prices. Elliott waves, however, foresaw a foreboding reversal in the red metal's future.
Updated: November 4, 2014The mass "exodus" of financial institutions from commodities continues. Could this be a sign that the 6-year long commodity bear market has bottomed?
Updated: October 29, 2014Trend indicators are computerized studies that you often see at the bottom of price charts. There are literally hundreds of technical indicators out there, but of all those, one of the most useful ones is MACD, Moving Average Convergence-Divergence.
Updated: September 9, 2014Could a simple trendline help you identify price breakout points, manage risk, and identify critical resistance levels in the markets you follow? You betcha! Watch and learn from EWI's Chief Commodity Analyst Jeffrey Kennedy.
Updated: August 29, 2014Jeffrey Kennedy demonstrates how Fibonacci ratios help you determine price targets and turning points. The most common Fibonacci ratios are .382 and .618, but there are others...
Updated: October 30, 2013Picture this. You are a looking at a price chart, and you see a wave pattern you recognize. Based on the pattern, you think the market should fall. Instead, it rises. How do you adjust your analysis? Let's look at a real-life example: silver futures.