Resource Investor

China is buying our oil and that could be Iran’s worst nightmare. It seems that the Chinese trade talks went nowhere, but despite that fact, China’s demand for U.S. crude oil might rise anyway. According to Reuters “China’s Unipec will resume purchases of U.S. crude oil in October after a two-month halt due to the […]

A New York federal court entered final judgment ordering Patrick K. McDonnell of Staten Island, New York, and CabbageTech, Corp. d/b/a Coin Drop Markets (CDM), McDonnell’s New York-based company, to pay over $1.1 million in civil monetary penalties and restitution in connection with a lawsuit brought by the Commodity Futures Trading Commission (CFTC) alleging fraud

The coming week, Aug. 27-31, sets up trending pivot and range statistics math in the Eurodollar, Japanese yen and Gold. The S&P looks toppy to me- as in an unidirectional steamroller with tight, narrow pivots and a narrow range. …read more From:: Resource Investor

S&P Dow Jones Indices (“S&P DJI”) announced earlier this month the launch of the S&P Risk Parity Indices, its first index family designed to replicate a multi-asset risk parity strategy. The indices will follow S&P DJI’s standards of transparent, rules-based methodologies for index construction, enabling a reflection of the risk and return characteristics of the

It is very likely that the price of oil may have put in its low for the year. Barring any shock headlines or economic catastrophes, the technical seasonal outlook and the fundamentals suggest that the downside correction in oil should be over. …read more From:: Resource Investor

Investors have received further encouragement to continue taking profit from U.S. Dollar positions after President Trump once again repeated his view that both China and the European Union manipulate their currencies. These comments mirror similar remarks made only a few weeks back, and have served as a reminder for traders that the Trump Administration does

A double zig-zag can be in progress on the USD Index down from the 96.98 level. We specifically see sub-wave c) of y in play which can look for support and a bullish reversal near the 95.90/95.70 region. …read more From:: Resource Investor

A daily summary of high-profile members of several complexes. …read more From:: Resource Investor

We’ve reached the stretch run for the dog days of August. Once again there is a mixed market. Just an hour into the new week the Dow Jones Industrial Average is up 109 points and the Nasdaq is down about 10. …read more From:: Resource Investor

If you get the dollar right, you will get a lot of things right. Hard-lined policy in Washington has created a safe-haven flight to the dollar. Trade policy and sanctions have resonated an uncertain atmosphere for growth in many areas of the world …read more From:: Resource Investor