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February 17, 2017
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futures

Cause of Iowa derailment, oil spill amount still a mystery

DOON, Iowa (AP) — Crews are working to clean up a BNSF oil train derailment in Iowa that dumped crude into floodwaters, while officials seek to get a handle on the extent of the spill and its cause. BNSF spokesman Andy Williams says 33 oil tanker cars derailed Friday just south of Doon, leaking oil into surrounding floodwaters from the swollen Little Rock River. He said Saturday that the cause of the derailment hasn't been determined. The...

June 23, 2018
futures

Drug spoon sculpture placed outside drugmaker headquarters

STAMFORD, Conn. (AP) — An 800-pound, nearly 11-foot-long steel sculpture of a bent and burned drug spoon was placed Friday in front of the Connecticut headquarters of drugmaker Purdue Pharma as part of an art protest against the opioid crisis. Artist Domenic Esposito and art gallery owner Fernando Alvarez dropped the sculpture at the company's Stamford headquarters. Police arrested Alvarez on a minor charge of obstructing free passage. A...

June 22, 2018
futures

Is the Gold Market Finally Ready to Breakout?

Throughout  2016, we stated we did not expect much from Gold, and we stuck...

January 30, 2017
futures

Oil leaking after 31 tanker cars derail in northwest Iowa

DOON, Iowa (AP) — Authorities say crude oil is leaking from one or more of 31 tanker cars that have derailed in northwest Iowa. BNSF railroad spokesman Andy Williams said no one was injured when the cars derailed around 4:30 a.m. Friday just south of Doon in Lyon County. Officials on the scene aren't sure whether floodwater from the swollen Little Rock River caused the cars to leave the tracks. Williams says he doesn't yet know how much oil has leaked and how many cars are leaking. Cleanup crews have been dispatched. Sheriff Stewart Vander Stoep (VAN'-dur stoop) says four homes near the site have been evacuated. He says the oil is being carried downstream into the Rock River a few hundred yards...

June 22, 2018
futures

Oil prices and energy companies jump as US stocks rise

NEW YORK (AP) — U.S. stocks are rising Friday morning as energy companies climb along with the price of oil. Oil producers in OPEC agreed to produce more oil, a step investors have expected for the last few weeks. The European Union is following through on its promise to put import taxes on $3.4 billion in U.S. goods including bourbon, peanut butter and orange juice in response to U.S. tariffs on steel and...

June 22, 2018
futures

Telling Head and Shoulders Pattern in Soybean Oil

I have been very bearish on soybeans for quite a while due to the fundamental setup. The USDA report on January 12th did show a large estimated drop in carryover from 460 ml/bushels to 405 ml/bushels, which fueled a voracious fund and...

January 29, 2017
futures

Gold Correction Completed?

Patrick MontesDeOca, CEO of the Equity Management Academy , discussed how...

January 27, 2017
futures

British Pound: The Decline Might Pause for a few Months

If you have been trading the decline in the British Pound, it may be time...

January 26, 2017
futures

Global stocks mixed as trade disputes worry investors

SEOUL, South Korea (AP) — Global stocks were mixed Friday as investors remained wary over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profits and jobs. Some markets rebounded slightly but were unable to recoup their heavy losses for the week. KEEPING SCORE: Britain's FTSE 100 rose 0.7 percent in early trading to 7,607.88 and France's CAC 40...

June 22, 2018
futures

California utility takes $2.5 billion charge for wildfires

SAN FRANCISCO (AP) — A Northern California utility says it will take a $2.5 billion charge for expected losses in connection with deadly wildfires that whipped through the state's wine country in October. Pacific Gas & Electric Co. also warned Thursday that its liability could be considerably higher after state fire officials determine the cause of 21 major fires that rampaged throughout Northern...

June 21, 2018
futures

Decision Time in Gold

Gold has been working steadily higher over the last month of trading. ...

January 25, 2017
futures

Fund Length in Soybeans Growing

If you take a look at the speculative bullish positioning in soybeans,...

January 25, 2017
futures

US stocks skid as industrial and energy companies fall

NEW YORK (AP) — U.S. stocks are lower Thursday as investors again worry...

June 21, 2018
futures

Demand Cycle in Coffee can Spell Dollars for Option Traders

Believe it or not, coffee prices could soon start pricing reduced summer...

January 23, 2017
futures

Of Mutual Interest: Reacting to volatile oil prices

NEW YORK (AP) — Just a month ago oil surged to its highest price in three...

June 21, 2018