Last week’s FOMC meeting went as expected but the press conference actually provided some solid questions as the media put some pressure on Chair Jerome Powell. NPR actually received an answer to… more
Commentary
Petroleum prices gained for a second week in four and ended July positive for a fourth consecutive month. Easing concerns regarding the delta variant of the COVID-19 virus, an ongoing and accurate… more
That headline is courtesy of Whitewave Trading, an interactive chat room in which high-powered analysis for traders generates some great trades and uses NOTES FROM UNDERGROUND to add a fundamental… more
The previous blog post about President Lagarde painting the FEDERAL RESERVE into a corner OUGHT to be revealed tomorrow as there is expected to be no change in FED policy and I believe that Chair… more
Since the May 7th high at $6.38/bu., CME Group December 2021 Corn futures have been trading in a sideways albeit large trading range with the $6.10-$6.38 area as resistance and $5.00-$5.15 area as… more
Petroleum prices gained for the first week in three despite opening the week with a 7.5% drop on Monday. The severe drop was due in large part to ongoing concerns of the delta variant of COVID-19… more
Commodity prices have been trending higher since reaching lows in March and April 2020. Over the first six months of 2021, a composite of the asset class was up over 20%. In May, lumber, copper,… more
Judd Hirschberg, President of WhiteWave Trading Strategies and the Financial Repression Authority, uses CQG IC to review equity indices, sectors, FX and commodities.
Presented by… more
I’ve been away minding my two Floridian grandsons (exhausting yet delightful). I did, however, have time to catch up on some reading, particularly W.E.B. Du Bois’s “Suppression of the African… more
Petroleum prices dropped for a second consecutive week and second in eight, falling by the largest amount since the week of March 26th. Prices did recover slightly on Friday. The resurgence of the… more