July lean hogs have rallied more than 13% since the May lows. This has also been a textbook seasonal trade with July hogs rallying into early June and should sell off through the middle of July into expiration. The commercial...
Read MoreThe weekends big news was focused on Spain and the regulated $125 billion bailout which delivered a brief respite to the embattled physical commodity markets. The sigh of relief is only momentary as physical sellers come back in...
Read MoreThe Copper market has sold off between 18 and 20% since failing to make new highs in early April. Small Specs and Index funds have hitched their horses to the global deflation bandwagon. This can be seen in their record short...
Read MoreMany markets, both commodities and equities declined substantially during the month of May. Two weeks ago, we mentioned that we were nearing fundamental value areas in certain markets. This week, we’ll make the case for a...
Read MoreThe drop in gas prices over the last month has been a relief to us all. The economic sanctions placed by the European Union, Canada and the U.S. on Iran has simply shifted the flow of Iranian oil from west to east. The net...
Read More
