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.
U.S. stocks rise as Fed’s Bullard says stimulus should continue
U.S. stocks rose, erasing earlier losses, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth that is slower than expected.
Tap into oil volatility using an options spread
Over the past week crude oil prices have been rocked by conflicting macroeconomic data and a suspected price-fixing scandal, leaving many investors questioning the validity of current price levels. Tap into that volatility with a put spread.
Important breakout in the Dow-to-gold ratio and its implications for gold
In the Dow-to-gold ratio chart, we see an important breakout above the declining long-term resistance line. This has bearish implications for gold.