“The commodities supercycle, or longer-than-average period of rising prices, has ended and returns are unlikely to match the performance of the past decade,” said UBS in a note on April 2. At the same time, during that week. speculators cut net-long positions across 18 U.S. futures and options by 31% to 468,780 contracts, according to the U.S. Commodity [...]
After Hours Trading Update
June 6, 2012 By
(June 6 2012) U.S. stock indices continued to climb in after hours trading, following an aggressive rally in the regular session. The Dow and S&P 500 logged their best gains of the year and the DOW turned positive for 2012 on hopes that more stimulus for the global economy is around the corner. Commodities [...]
After Hours Trading Update
June 5, 2012 By
(June 5 2012) U.S. stocks closed slightly higher Tuesday following an upbeat economic report; however, gains were limited by Europe’s ongoing debt problems. The ISM Services index or May rose to 53.7, surprising economists who had forecast the index would fall to 53.1 from April’s 53.5. European and Canadian stocks also finished higher following a [...]
The Week Ahead: Resource Companies Reporting Earnings and Economic Data That May Impact Commodity Prices: Feb 20-24 2012
February 20, 2012 By
Earnings season is winding down; but there are still a few resource companies scheduled to release results this week. It is a shortened week, with U.S. markets closed on Monday for the observance of President’s Day; however, on Monday commodities investors should take note of developments in Greece. The country’s ability to secure a much [...]
Commodity Market Prices: Wheat January 2012
February 1, 2012 By
Wheat prices ended the month at $6.6675 a bushel, compared to $6.58 on January 3rd; however, prices were not stable during the month. Wheat futures were on a downward trend the first half of the month, minus one brief bounce, and then slowly staged a recovery. Wheat’s direction, the first half of the month, was dictated by [...]