About the Author
Jim Parrish, Kris Hicks and Robert Calhoun
Parrish Hicks Capital Research is a trading and technical analysis firm that specializes in Energy and Metal commodity futures. The two founders, Jim Parrish and Kris Hicks, have a combined 38 years’ experience in the commodity business and in 2011 accurately forecasted both $25 moves to the downside in May and July and the $25+ move to the upside in October. They also called the all-time high day for Gold on September 6, 2011 and forecasted a projected downside target of 1528.10 in March 2012. Their trading methodology has a high degree of accuracy which confirms tops/bottoms, projected trading ranges and projected targets for those ranges. Their expertise is focused on 16 commodities plus the comparable ETF markets. You can reach them at Jim@ParrishHicks.com and Kris@ParrishHicks.com or at www.ParrishHicks.com.
IMPORTANT DISCLOSURE
Transactions in ETF (Exchange Traded Funds) carry a high degree of risk. This material is not intended as an offer or solicitation for the purchase of any financial instrument. The data and these comments are provided for information purposes only and may or may not be intended to be used for specific trading strategies. ETF trading is risky and Parrish Hicks Capital Research assumes no liability for the use of any information contained herein. Any examples are strictly hypothetical and no representation is being made that any person will or is likely to achieve profits or losses similar to those examples. ETF strategies mentioned herein may not be suitable for all investors. The opinions and recommendations herein do not take into account individual client circumstances, objectives or needs and are not intended as recommendations of a particular ETF or ETF strategies to a particular client. The recipient of this report must make his own independent decisions regarding any ETF instrument to a particular client.
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By Jim Parrish, Kris Hicks and Robert Calhoun |
November 19, 2012
With commodities in general exhibiting continued weakness, watch for commodity ETFs to follow those products lower in the shortened trading week.
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By Jim Parrish, Kris Hicks and Robert Calhoun |
November 12, 2012
Commodity ETFs diverged to end the week with grain and gold ETFs beginning to show bullish overtones amid bearish sentiments within other hard assets.
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By Jim Parrish, Kris Hicks and Robert Calhoun |
November 5, 2012
Commodity ETFs, including grains, metals and energies, fell throughout last week's trading as bearish technical signals intensified.
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By Jim Parrish, Kris Hicks and Robert Calhoun |
October 29, 2012
A number of commodity ETFs moved lower last week as a number of technical indicators converged. That trend looks likely to continue this week.
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By Jim Parrish, Kris Hicks and Robert Calhoun |
October 22, 2012
Stagnant movement has plagued many of the markets, especially commodities, as investors remain hesitant to take any major positions before the presidential election.
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By Jim Parrish, Kris Hicks and Robert Calhoun |
October 15, 2012
A number of commodity ETFs fell last week as bears took control of the markets. ETFs ranging from grains to metals saw technical indicators remain bearish.
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By Jim Parrish, Kris Hicks and Robert Calhoun |
October 8, 2012
A number of commodity ETFs following metals and grains may see a downside correction this week before finding support within trading ranges.
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By Jim Parrish, Kris Hicks and Robert Calhoun |
October 1, 2012
A number of commodity ETFs ran into resistance at the end of last week. For some, it may be a longer-term top forming, but for others it just may be a buying opportunity before moving higher.
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By Jim Parrish, Kris Hicks and Robert Calhoun |
September 24, 2012
Even with many commodity ETFs seeing reduced trading volumes last week, some continue to show strong trading signals.
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By Jim Parrish, Kris Hicks and Robert Calhoun |
September 17, 2012
Gold has rallied more than 190 points since we first issued our bullish upside target back on July 21, 2012. After initiating our long position in GLD, prices have risen 8% and don’t appear to be slowing down.