Commodities Countdown

November 2016

Commodities Countdown

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The Dollar Bets, Oil Checks, Gold Folds - Webinar Skim 2016-11-24

by Greg Schnell

This week was a wild week for the Dollar ($USD). It tested 102 but closed the week just slightly higher. However, the breakout last week was confirmed with this week closing higher so the breakout is valid... Read More 

Commodities Countdown

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The US Dollar ($USD) Head Wind Just Got Stiffer - Webinar 2016-11-17

by Greg Schnell

The US Dollar ($USD) roared to new heights today. It closed at a 13 year high with a rapid surge in the last few weeks. There is an even larger trend at play as well... Read More 

Commodities Countdown

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Being Careful With Commodities Webinar Skim 2016-11-11

by Greg Schnell

When the financial press starts discussing Copper we should all perk up. However, it is after a 24% rise. So what should we do now? Well the chart below suggests sell it if you own it. Trying to capture 25% every month is hard to do. We are up against the 5-year channel... Read More 

Commodities Countdown

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Sector Rotation Or Fighter Jets Bombing The Tech Stocks?

by Greg Schnell

Everyone seems to be on board with a December rate hike. US, Canadian and European financial stocks are all shooting higher. Arthur Hill pointed out some interesting action in the financial sector... Read More 

Commodities Countdown

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Copper Breaks From The Base - A Relative Strength Lesson Article

by Greg Schnell

Copper has been frustratingly resilient to any of the 2016 bullish sentiment since the US Equity markets bottomed in January / February. Monday marked a new shine for $COPPER as it finally moved above the base. A few things have been working on this chart... Read More 

Commodities Countdown

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The US Dollar's ($USD) Knife Edge

by Greg Schnell

Sometimes you have to dive deeper to understand the short-term and long-term setups for a particular chart. This week's webinar went into a deep dive on the knife edge that is the US Dollar ($USD)... Read More