Andy Hecht

Lessons from the Sugar and Coffee Futures Markets

Nov 01, 2018

There are many lessons that we can learn from the price action in commodities markets. Commodities tend to rise to prices where output increases, inventories build, and demand declines. At lofty levels, prices peak and reverse. The most recent... more

Q3 2018 Losers and Winners in Commodities and a Look Ahead to Q4

Oct 01, 2018

The dollar index moved higher by 0.41% in the third quarter of 2018, and commodities prices moved lower, with all six major sectors posting losses. The composite of 29 raw material markets that trade in the U.S. and U.K. gained 7.95% in 2017. In... more

Commodities Follow the Dollar Like Obedient Puppies

Sep 04, 2018

The dollar index futures contract hit a high of 103.815 at the beginning of January 2017 after rising from lows of 78.93 in May 2015. The index broke out to the upside on a technical basis when it rose above the October 2005 high at 92.53, and... more

Two Reasons Why Crude Oil Is Bullish and One Why It Could Spike Higher

Aug 01, 2018

Crude oil is the most watched commodity that trades on futures exchanges. The Brent crude oil futures contract, a pricing benchmark for two-thirds of the world’s petroleum trades on the Intercontinental Exchange. West Texas Intermediate crude oil... more

Q2 2018 Losers and Winners in Commodities and a Look Ahead to Q3

Jul 03, 2018

The dollar index moved higher by 5.05% in the second quarter of 2018, but commodities prices managed to post gains with four of the six major sectors moving to the upside.

Out of the 29 commodities that I follow, 15 posted gains and 14... more

Two Soft Commodities May Offer Value

May 31, 2018

The best opportunities in commodities markets often occur when they are at the top or bottom of their cycles when it comes to supply and demand. Soft commodities can be one of the most volatile at times, as weather and crop diseases can alter... more

Lots of Blue Sky in Crude Oil Above

Apr 30, 2018

It is always hard to buy a market at or close to its highs, but when it comes to crude oil these days, there are lots of signs that the rally that commenced in February 2016 at $26.05 per barrel may be heading even higher.

The price... more

Q1 2018 Losers and Winners in Commodities and a Look Ahead to Q2

Apr 02, 2018

The dollar index moved lower by 2.19% in the first quarter of 2018, and commodities prices edged lower with three of the six major sectors posting gains. Out of the 29 commodities that I follow, 16 posted gains during the three-month period that... more

Commodities Continue to Look Bullish

Mar 01, 2018

Markets became highly volatile during February. A decline in the bond market and rising rates weighed on stocks. At the same time, the dollar index fell to the lowest level since 2014. Rising US rates and a falling dollar are not necessarily... more

Precious Metals Start 2018 in Bullish Form

Feb 01, 2018

It has been a bullish start to 2018 in the precious metals sector. Palladium began the year with a new record high, and the prices of gold, silver, and platinum have all appreciated after having reached lows in mid-December. Over the past three... more