Running of the Bulls

Friday, May 27, 2016 The S&P 500 closed at an all-time high of 2130 just a little over a year ago on May 21, 2015. Since then, volatility has dominated the market with falling commodity prices, slower growth in China,... Read More...

Grains Markets Heat-Up Ahead of Holiday Weekend

Thursday, May 26, 2016 As June approaches, we can finally say good bye to "El Nino," the weather event triggered by a warming of tropical waters in the Pacific Ocean. Weather forecasters report that Pacific waters are starting to cool,... Read More...

Oil at 7-Month Highs After API Surprise

Wednesday, May 25, 2016 Crude Oil futures reached 7-month highs in overnight trading after the American Petroleum Institute ("API") announced a larger than expected drawdown in inventory levels. Traders await today's Energy Information Administration ("EIA") inventory report to offer confirmation... Read More...

One Month and Counting until Crucial Brexit Vote

Tuesday, May 24, 2016 In exactly one month, on June 23, the United Kingdom will vote in a referendum to determine if the UK should remain in or exit from the European Union. As in any hotly contested election, the... Read More...

Did Fed Put Rate Hike in Play for June FOMC Meeting?

Friday, May 20, 2016 Following the release of the Fed minutes on Wednesday, traders appeared surprised by the rather hawkish tone coming from the voting members of the Federal Open Market Committee (FOMC), which was reflected quickly in the Fed... Read More...

Can Corn Break Out of Its Range?

Thursday, May 19, 2016 Corn futures pulled back in overnight trading, giving back some of the recent gains. Corn futures have rallied for 5 consecutive sessions prior to today, with prices rallying to the highest level in four weeks, driven... Read More...

Is 50 the new 20?

Wednesday, May 18, 2016 This morning the weekly Energy Information Administration's energy stocks report will be released and traders are expecting a draw-down of Crude supplies for the second consecutive week. Traders are expecting Crude inventories to have fallen by... Read More...

Greenback Comeback?

Tuesday, May 17, 2016 The greenback has mounted a small comeback in recent sessions, aided by weaker economic data out of Europe and a softer Japanese Yen. The strength in the US Dollar Index over the past several sessions has... Read More...

Are Precious Metals "Golden" again for Commodity Bulls?

Wednesday, May 11, 2016 Large Speculators were busy adding to an already large net-long position in Gold last week, with the most recent Commitment of Traders report showing that non-commercial accounts added over 56,500 new net-long contracts during the reportable... Read More...

Loonie Drops as Fires Rage

Tuesday, May 10, 2016 The Canadian Dollar has dipped toward the 0.7700 level on falling commodity prices and negative growth outlook. Crude Oil prices were bolstered by the Fort McMurray wildfire, which has severely crippled output in the region. Oil... Read More...