-
By Gary Kamen |
June 17, 2013
The media spin on the $1.97 move up in oil last week was the unrest in the Middle East, more specifically the Syrian crisis. Now, last time I looked Syria is not a huge oil producing country.
-
By Gary Kamen |
June 10, 2013
With bonds turning lower over the last month, everyone is asking if the bond bull is dead. Take a look at what the weekly COT data says.
-
By Gary Kamen |
June 4, 2013
The Federal Reserve knows how a weaker U.S. dollar helps U.S. exports. Any threat to U.S. exports — a strengthening U.S. dollar — could hurt exports, in turn hurting the U.S. economy, which could hurt jobs.
-
By Gary Kamen |
May 28, 2013
In the May WASDE global ending stocks are projected to be at 186.4 million tons, up 6.2 million tons from last year. The 51.2 million ton increase in foreign production will more than offset the lower forecast production in the U.S.
-
By Gary Kamen |
May 21, 2013
Sugar prices are in a free fall now at prices we have not seen since July 2010. A major reason for last week’s drop was that it was reported the output nearly tripled in April at the main growing area of Brazil.
-
By Gary Kamen |
May 14, 2013
Last week’s WASDE showed live cattle as short-term bearish, but longer-term bullish. And what do you know, look what “big money” is now doing in Live Cattle.
-
By Gary Kamen |
May 6, 2013
Last week the S&P 500 was all about jobs, jobs and jobs. On Wednesday ADP released their numbers for April at 119,000, below expectations and dropping the S&P 15 points.
-
By Gary Kamen |
April 30, 2013
Last year corn plantings were some of the earliest. The U.S. had one of its best corn planting season on record last year. This year we are seeing the opposite with cold rainy temperatures.
-
By Gary Kamen |
April 22, 2013
Last week May 2013 Silver opened at $25.940 and closed the week at $22.960. On Tuesday, April 16 silver had a bounce off of the low of $22.000.
-
By Gary Kamen |
April 15, 2013
Goldman Sachs came out dropping their forecast for gold prices and pushing their message to sell. We have not seen gold prices where they are today since March-April 2011.