Kara Crawford at kara@traderplanet.comadmin@traderplanet.comhttp://www.traderplanet.com/TraderPlanet.com offers its popular content for commercial syndication via RSS. The feeds include backlinks for the full articles and automatically assign author attribution, which is required. To syndicate these RSS feeds on a commercial Web site, TraderPlanet.com, LLC requires the execution of standard linking agreement. Contact Kara Crawford at kara@traderplanet.com for further details.en-ushttp://www.traderplanet.com/commentaries/view/134447-complacency_2_9_12http://www.traderplanet.com/commentaries/view/134447-complacency_2_9_12<p>Do not get complacent because the market is quiet. Inaction can sometimes cause more damage than action. Do not forget to manage your trades. Crude oil is flirting with the $100/barrel level once again. I am mildly bullish but trade small as a trade back under $97.50-98 could mean lower ground. It is not the strength in Crude that I am impressed with but rather the relentlessness in the distillates that continue to push higher. Heating oil and RBOB are approaching the highest level they have ...</p><a href='http://www.traderplanet.com/commentaries/view/134447-complacency_2_9_12'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comThu, 09 Feb 2012 21:27:35 +0000http://www.traderplanet.com/commentaries/view/134214-quiet_trade_2_8_12http://www.traderplanet.com/commentaries/view/134214-quiet_trade_2_8_12<p>Non event in the markets today but it does feel like markets are taking a breath for a big move...I am just torn on what direction. As trades develop I will try to keep you informed.</p> <p>Crude will close above $97 on the March contract today which puts the bulls back in control. Support is seen between $97-98 and aggressive traders can reverse their bearish trades and start scaling into long trades. RBOB is approaching $3...a level not seen since last April so expect momentum traders to lift this...</p><a href='http://www.traderplanet.com/commentaries/view/134214-quiet_trade_2_8_12'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comWed, 08 Feb 2012 21:46:16 +0000http://www.traderplanet.com/commentaries/view/134045-building_on_strength_2_7_11http://www.traderplanet.com/commentaries/view/134045-building_on_strength_2_7_11<p>Metals, stocks and even foreign currencies continue to build on strength as 2012 has virtually been a one way trade...will this continue?</p> <p>Crude oil erased the previous week's losses adding 1.9% today but failed to close above $99 in March. I view that level as the pivot point so I remain bearish still. Be willing to cut loses on any shorts if prices trade through that level in the coming sessions. Natural gas continues to bounce around and I would suggest no long or short trades until we get ...</p><a href='http://www.traderplanet.com/commentaries/view/134045-building_on_strength_2_7_11'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comTue, 07 Feb 2012 20:55:37 +0000http://www.traderplanet.com/commentaries/view/133842-true_commodity_play_2_6_12http://www.traderplanet.com/commentaries/view/133842-true_commodity_play_2_6_12<p>After speaking with several prospective commodity clients today I want investors to recognize that by trading etf's or buying stocks in a commodity sector you are not trading commodities. That being said commodity trading is not appropriate for most investors but those financially suitable with some risk tolerance should explore futures, options and managed futures as a pure commodity play. Come on guys you buy your wife diamonds not cubic zirconia right? Crude oil lost ground today but the s...</p><a href='http://www.traderplanet.com/commentaries/view/133842-true_commodity_play_2_6_12'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comMon, 06 Feb 2012 21:53:50 +0000http://www.traderplanet.com/commentaries/view/133725-jim_wyckoff_s_morning_blog_mondayhttp://www.traderplanet.com/commentaries/view/133725-jim_wyckoff_s_morning_blog_monday<p >* JIM'S MARKET THOUGHT OF THE DAY *</p> <p >The European Union sovereign debt crisis is back on the front burner to start the new trading week, as many markets, including stock indexes, metals and crude oil are under pressure while the U.S. dollar index rebounds. While the EU debt crisis is in the spotlight today, which has caused risk appetite in the market place to shrink, many markets are just seeing good price corrections from recent trending moves.--Jim</p> <p >U.S. STOCK INDEXES</p> <p >S&amp;P 500 futures: Bulls ...</p><a href='http://www.traderplanet.com/commentaries/view/133725-jim_wyckoff_s_morning_blog_monday'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> JimWyckoff, TraderPlanet.comJimWyckoff, TraderPlanet.comMon, 06 Feb 2012 12:31:59 +0000http://www.traderplanet.com/commentaries/view/133572-upbeat_expectations_2_3_12http://www.traderplanet.com/commentaries/view/133572-upbeat_expectations_2_3_12<p>A positive jobs number and things heating up in Iran and Crude is back on the move advancing 1.5% today. We may see a bounce but until we see a trade back over $99 I still am thinking prices have more downward pressure. My target in March is a trade closer to $93-94 in the coming weeks.</p> <p>What is disturbing though is the disparity between the Crude daily chart and the distillates as Crude is on the lower end of the recent trading range while heating oil and RBOB are breaking out to new highs. I...</p><a href='http://www.traderplanet.com/commentaries/view/133572-upbeat_expectations_2_3_12'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comFri, 03 Feb 2012 22:32:17 +0000http://www.traderplanet.com/commentaries/view/133368-prepare_for_nfp_2_2_12http://www.traderplanet.com/commentaries/view/133368-prepare_for_nfp_2_2_12<p>I think the number is fabricated but nonetheless it is market mover so prepare for tomorrow's jobs number.</p> <p>As of this post Crude is lower by 1% about in the middle of today's range trading lower for the seventh consecutive day. I think we see an additional $3-4 retracement before we run into serious support. If that assumption is correct expect heating oil and RBOB to lose 10-15 cents. Hello volatility...with 7% moves on a daily basis up and down I no longer have the stomach for natural gas. ...</p><a href='http://www.traderplanet.com/commentaries/view/133368-prepare_for_nfp_2_2_12'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comThu, 02 Feb 2012 21:55:59 +0000http://www.traderplanet.com/commentaries/view/133131-not_the_end_2_1_12http://www.traderplanet.com/commentaries/view/133131-not_the_end_2_1_12<p>With a more positive outlook domestically and abroad expect commodities that had previously factored in a more dire picture to get back losses from late 2011.</p> <p>Today makes it five days in row with Crude down just over 1% as of this post trading at six week lows. A close below $98.30 in March should signal lower ground. $99 should cap further upside and I could see prices drifting back under $94 in the coming weeks. Both RBOB and heating oil are having trouble keeping their heads above water as...</p><a href='http://www.traderplanet.com/commentaries/view/133131-not_the_end_2_1_12'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comWed, 01 Feb 2012 21:22:17 +0000http://www.traderplanet.com/commentaries/view/132911-the_january_effect_1_31_12http://www.traderplanet.com/commentaries/view/132911-the_january_effect_1_31_12<p>With one month under our belt how is your 2012 looking?</p> <p>RBOB, OJ, stocks, feeder cattle and all the metals were the upside movers in the month of January while natural gas was the only negative standout. Will these moves set the tone for trading in 2012?</p> <p>The move lower has been minor but Crude has closed lower for the last four sessions. Today a $3 rally was rejected as prices will close just above $98 the lowest close in one week. I continue to get mixed signals and would suggest waiting for...</p><a href='http://www.traderplanet.com/commentaries/view/132911-the_january_effect_1_31_12'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comTue, 31 Jan 2012 20:46:36 +0000http://www.traderplanet.com/commentaries/view/132689-if_equities_fall_1_30_12http://www.traderplanet.com/commentaries/view/132689-if_equities_fall_1_30_12<p>Over the next few sessions we will know but we may see some gains given back in equities as minor chart damage is being done. That being said expect higher trade in Treasuries and commodities on a stock retraction.</p> <p>Crude continues to flirt with $100 unable to pick a direction. The longer this consolidation pattern continues the larger the breakout the tough part is determining what direction will prices breakout. A settlement above $100.50 or below $98 would likely signal the direction but un...</p><a href='http://www.traderplanet.com/commentaries/view/132689-if_equities_fall_1_30_12'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comMon, 30 Jan 2012 21:31:36 +0000http://www.traderplanet.com/commentaries/view/132554-jim_wyckoff_s_morning_blog_mondayhttp://www.traderplanet.com/commentaries/view/132554-jim_wyckoff_s_morning_blog_monday<p >* JIM'S MARKET THOUGHT OF THE DAY *</p> <p >The U.S. dollar index is posting a modest rebound to start the trading week. Crude oil is also weaker, which has several other commodity futures markets under pressure Monday. The U.S. dollar bulls need to step up and show good power this week, as this week will likely determine whether the recent sell off is just a downside correction in an overall uptrend, or if the uptrend in the dollar index has ended and a fresh downtrend is in place on the daily chart...</p><a href='http://www.traderplanet.com/commentaries/view/132554-jim_wyckoff_s_morning_blog_monday'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> JimWyckoff, TraderPlanet.comJimWyckoff, TraderPlanet.comMon, 30 Jan 2012 12:53:47 +0000http://www.traderplanet.com/commentaries/view/132246-energies_market_commentaryhttp://www.traderplanet.com/commentaries/view/132246-energies_market_commentary<p >March crude oil closed up $0.37 a barrel at $99.77 yesterday. Prices closed nearer the session low yesterday and were mildly supported by a weaker U.S. dollar index yesterday. Crude oil bulls have the overall near-term technical advantage. However, the going does get tough for the bulls once prices move above the key $100.00 level. The next near-term upside price breakout objective for the crude oil bulls is producing a close above solid technical resistance at the January high of $103.90 a b...</p><a href='http://www.traderplanet.com/commentaries/view/132246-energies_market_commentary'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> JimWyckoff, TraderPlanet.comJimWyckoff, TraderPlanet.comFri, 27 Jan 2012 12:40:24 +0000http://www.traderplanet.com/commentaries/view/132185-more_quantitative_easing_1_26_12http://www.traderplanet.com/commentaries/view/132185-more_quantitative_easing_1_26_12<p>With the Fed hinting at more quantitative easing do not expect commodities to get inexpensive any time soon.</p> <p>Crude oil has made a higher high now for the last three sessions and on a close back above $100 traders could start scaling back into longs. I see support at $99 followed by $97 in March contracts.</p> <p>Natural gas did trade lower today but if you notice the 9 day MA is holding as support. Traders can scale into longs with stops just below that level. It comes in at $2.56 in March.</p> <p>Stocks w...</p><a href='http://www.traderplanet.com/commentaries/view/132185-more_quantitative_easing_1_26_12'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comThu, 26 Jan 2012 21:17:59 +0000http://www.traderplanet.com/commentaries/view/131936-taking_a_breath_1_25_12http://www.traderplanet.com/commentaries/view/131936-taking_a_breath_1_25_12<p>I misread the recent action thinking we were approaching a turning point but now it appear the markets were just taking a breath and now the underlying moves are back on track....trade accordingly. Crude appears to be finding its footing as further sales are being rejected. With a settlement back above $100 I would become more friendly. On a close above $102 in March I then would be looking for buying opportunities thinking we get a new high...trade accordingly. I say a bottom is in on natura...</p><a href='http://www.traderplanet.com/commentaries/view/131936-taking_a_breath_1_25_12'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comWed, 25 Jan 2012 20:46:01 +0000http://www.traderplanet.com/commentaries/view/131937-turning_point_1_24_12http://www.traderplanet.com/commentaries/view/131937-turning_point_1_24_12<p>Turing point...not today and probably not tomorrow but I would expect the equity market to give back its recent gains in the very near future. What that likely means is money out of stocks and into Treasuries and commodities...just an opinion. Crude remains in no man's land as prices could go either way in my opinion. My bias is leaning to the bullish side but I would prefer to be buyer on breaks. For instance I see solid support in March just under $94/barrel so long entries closer to that l...</p><a href='http://www.traderplanet.com/commentaries/view/131937-turning_point_1_24_12'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> mbwealth, TraderPlanet.commbwealth, TraderPlanet.comTue, 24 Jan 2012 22:08:15 +0000