February 22, 2017
As it turns out, Americans still love their coffee.
In December 2016, a predicted surplus coupled with a stronger U.S. dollar, sent coffee prices screaming to a low of $1.42. But it was at that point that coffee hit an unsustainable low with incredibly oversold momentum metrics, including Relative Strength, MACD and Money Flow.Read More
February 17, 2017
Every day, thousands of traders under- and overreact to news, which can create incredibly oversold or overbought conditions in a matter of minutes.
However, once that news has been fully baked into a security, it can leave the stock still dangling in severely oversold or overbought territory. And it’s at that very moment, you want to pounce on the track for potential mean reversion, or a snap back to the average.Read More
February 16, 2017
It may not be one the most attractive, sexy trade ideas you’ve ever heard. But this is a metal breakout you may not want to ignore for much longer.Read More
February 13, 2017
When we typically think of technical analysis, we think of Bollinger Bands, moving average convergence divergence (MACD), relative strength (RSI), Williams’ %R, moving averages, and a host of other strong indicators.Read More
February 8, 2017
2016 began well for silver.
And then, well… it got worse.
In the first few months of last year, silver ran from near $14 to $21. But by June, the party was over. Silver would plummet from its sky-high valuation to $15.96.Read More
February 6, 2017
When it comes to trading, one of the best ways to tell what’s happening is by paying attention to the flow of money in and out of a stock. None of us want to buy a stock if money is flowing out, right? Of course not… It’s a great way to lose money. Instead, we want to buy if we’re seeing money flow in.Read More
February 1, 2017
If copper can hold current support around $2.50, the metal has a chance at pivoting higher and retesting prior highs, as we noted December 22, 2016.
And that’s exactly what happened.Read More
January 26, 2017
Well, that was easy.
In early January 2017, we argued that gold could have just bottomed out after finding strong support at $1,125. Now, just weeks later, the yellow metal is up to $1,215 with its sights set at $1,268 an ounce. All it needs to do is break above prior resistance at 1,233.10 and it could run.Read More