Here are some of the most noteworthy trendline developments across the markets for Wednesday, February 5, 2020. Crude Oil Testing Post-2016 Up Trendline …
Tagged $JJC
Will Headwinds Put A Roof On Copper Rally?
Copper prices have been red-hot, but the rally may encounter some challenges here. Of the myriad of markets to scream higher in the week since…
Heavy Metals Sending A Warning To Economy, Markets?
The prices of industrial metals have dropped to a near-record low level relative to precious metals, a trend that has had larger negative consequences in…
Another Major Commodity Index Drops To 2009 Lows
Like the CRB before it, the S&P GSCI Index has dropped all the way back to its 2009 lows; will it find support there? Another…
“Dr. Copper” Back On Life Support
Back on January 14, in the midst of the deflationary spiral in commodity prices, we wrote a post titled “Dr. Copper Positioned For Rebound…Or Collapse”. At…
Economically Key Industrial Metals Complex Breaking Down?
On March 5, we noted that the S&P GSCI Industrial Metals Index was “Hanging On The Precipice” of a major long-term support level. At the time,…
Dr. Copper: Rebound Diagnosis Was Correct…What’s Next? Resolution at 2.95 may shape the inflation/deflation debate On January 14, we wrote a post titled “Dr. Copper Positioned…
Economically Key Industrial Metals Space Hanging On Precipice
The theme of many of our posts and Charts Of The Day during this 1st quarter has revolved around the “D-Word”: Deflation. Whether it’s financial…
Dr. Copper Positioned For Rebound…Or Collapse
Copper, they say, is the only metal with a Ph.D. Given its many industrial uses, the movement in copper prices has, at times, foreshadowed the…
Updates & Accountability Check
It seems to be the case on financial social media — and perhaps media in general — that the half-life of a post, tweet, story,…