Stocks, commodities surge
The stock market rally from the October low proved short-lived. The rally from the November low is proving stronger, especially after Monday's gains ... in commodities. General Motors Corp. jumped 21 percent as lawmakers agreed in principle with the White House ... percent, to settle at $43.71 a barrel on the New York Mercantile Exchange...Copper futures [more...]
Date: 2008-12-09 00:12:00
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Copper Gains to 1-Month High in London on China, Obama Stimulus
By Claudia Carpenter Jan. 7 (Bloomberg) — Copper jumped to a one-month high in London on speculation China, the world’s largest user of the metal, ... s Comex division, copper futures for March delivery declined 1.95 cents, or 1.2 percent, to $1.535 ... demand. Industrial metals including copper have advanced 9.1 percent this year, the best annual start [more...]
Date: 2009-01-07 16:03:12
China corn futures dip after week of price increases, metals keep rising
Major commodities kept an upward trend on Tuesday, with metals continuing a strong rise ... U.S. dollars a bushel on the latest trading day, equal to about 1,107 yuan a ton. In an effort ... a tonne during the week. May Copper on the Shanghai Futures Exchange rose by the daily limit [more...]
Date: 2009-01-07 16:19:22
Shanghai copper falls to 5-yr low on weak outlook
Copper futures prices in Shanghai fell to a five-year low on Friday, as traders built up short positions on expectations that prices would fall further amid a deepening global downturn. [more...]
Date: 2008-12-26 09:17:17
Arthur Harkins on Leapfrogging
Earlier this month, I interviewed Arthur Harkins on our approach to innovating in human capital development (Leapfrog!) ... proximal futures, and then solidly grounds the most promising futures within the present. This process ... an expensive copper wire system. Another example is present in some of the Kent, Washington public [more...]
Date: 2008-12-30 22:47:06
A Critical Day For Commodities - A Look At Wheat, Aluminum, & Copper
A Critical Day For Commodities - A Look At Wheat, Aluminum, & Copper Posted December 5th, 2008 by Epiphany Investing Basic Materials Alcoa aluminum charts copper Freeport front month futures market mosaic Potash Corp technical analysis Read the full article: http [more...]
Date: 2008-12-05 21:15:04
Deflation, Inflation or Stagflation???
Remember FCX as leading indicator?Gold rallied 31 percent in 2007 as inflation rose at the fastest rate in almost two decades ... . Crude-oil futures have plunged 74 percent from a record in July.Will copper and oil and CRX drag gold ... only fleetingly in the form of a speculative blowoff in commodities, was just a head-fake, a seduction [more...]
Date: 2008-12-23 17:34:00
What's Up, What's Down: Higher Gold, Lower Copper
A new recent high for gold and silver on Monday while lower for copper. Looking ahead to today's price action, gold futures made little changed ahead of the Fed's interest-rate decision. [more...]
Date: 2008-12-16 21:18:13
1. RISK JUNKIES
People often wonder what it is that makes someone a trader rather than an investor ... to protect themselves from future increases in the price of raw materials such as oil, copper [more...]
Date: 2009-01-01 03:37:00
Commodity Boom Turns Bust in 2008 as Worldwide Economy Crumbles
By Pham-Duy Nguyen Jan. 1 (Bloomberg) — Commodity prices in 2008 plunged the most in five decades as demand for energy, ... , the slumping economy drove crude oil, gasoline, copper, corn, and wheat down from records in the first ... commodities to post gains. Gasoline futures declined to $1.0082 a gallon last year on the New York [more...]
Date: 2009-01-01 18:57:26
Copper Rises in London on Speculation China Will Purchase Metal
By Claudia Carpenter Jan. 9 (Bloomberg) — Copper rose in London, erasing this week’s loss, on speculation that China’s State Reserve Bureau, ... . Aluminum inventory in warehouses monitored by the Shanghai Futures Exchange declined 18 percent ... in the UBS Bloomberg CMCI Index of 26 commodities. On the LME, copper inventories jumped 5,875 tons [more...]
Date: 2009-01-09 16:23:59
Not Too Fast, ATA
Yesterday’s ATA SmartBrief (a free newsletter that is well worth subscribing to) ... , and sugar DBB follows aluminum, zinc, and copper DBC tracks crude oil, heating oil, gold, aluminum, corn ... , speculative money started flowing rapidly out of the oil futures market.” This effect isn’t necessarily [more...]
Date: 2009-01-07 13:35:43
Oxford Analytica on the DRC´s mining sector
With prices for most base metals currently at two-thirds of their earlier peaks, and futures contracts being exchanged at or below their marginal cost of production, any hopes ... (Camec) have already suspended some copper and cobalt operations, and further shutdowns are expected [more...]
Date: 2009-01-08 19:43:55
Gold Loses Some Shine
Allen Sykora reports: Comex gold is on the defensive due to factors such as a slightly higher dollar, “less enormous” volatility in stock-index futures overnight than other recent sessions ... that there is potential for a heavier sell-off, pointing out that other commodities such as copper, silver, corn [more...]
Date: 2008-10-17 15:15:22
dragon mesh manufactory
Company Description Dragon mesh company Wire Mesh Industries is world competitive in its chosen areas of manufacturing and supply, ... futures surge on supply shortages (0) Wuhan grabs Aussie ore share (0) World Scrap Metal Congress 2008 ... (0) Tongling Nonferrous Metals inks copper deal with PanAust (0) Tiffany opens Tianjin store as Chinese [more...]
Date: 2008-12-21 00:18:23
Hourly Action In Gold From Trader Dan
Dear CIGAs, Due to time constraints associated with trading I have to keep things short today – gold rebounded off of support near yesterday’s lows ... the line just below $866 or so. Some of this selling is no doubt associated with commodity index fund ... up all the gains that it managed to ridiculously acquire as the ninny index funds went diving [more...]
Date: 2009-01-08 19:18:29
Aluminum Declines as China Purchase Seen Short of Expectations
Aluminum declined from a three-week high in Shanghai as a state purchase plan by China, the world’s largest producer and consumer, ... on the Shanghai Futures Exchange, dropping from yesterday’s highest close since Dec. 3. The metal still ... out to be this small, I wouldn’t pin much hope on zinc, copper or other metals” Zhao Kai, an analyst at Jinrui [more...]
Date: 2008-12-26 10:40:02
TGIF!
What a disappointing week this has been.Of course we suspected as much when we didn't make our very aggressive 9, ... but it's unlikely to play out strongly today, on a quadruple-witching Friday, when options, futures, options on futures, and single stock futures all expire. We can certainly expect a lot of volume today [more...]
Date: 2008-12-19 14:21:00
False Diagnosis of Deflation
by Jim Willie, CB. Editor, Hat Trick Letter | January 2, 2009 One of the most bothersome questions from 2005 to 2007 used to be whether the Untied States would ultimately submit to inflation or deflation. This is actually the wrong question. Many analysts in my view are incorrect in their conclusion that the US suffers from a powerful deflation [more...]
Date: 2009-01-07 14:01:11
Did Speculation Fuel Oil Price Swings?
(CBS) About the only economic break most Americans have gotten in the last six months has been the drastic drop in the price of oil, which has fallen even more precipitously than it rose. In a year's time, a commodity that was theoretically priced according to supply and demand doubled from $69 a barrel to nearly $150 [more...]
Date: 2009-01-12 15:10:00
2009 Top Stocks: A Bull with Growing Horns
In trading earlier this week, several water companies got off to a great start. Midway through trading on Monday, Northwest Pipe (NASDAQ: NWPX), Layne Christensen (NASDAQ: LAYN), Gorman Rupp (AMEX: GRC), and Badger Meter (NYSE: BMI) were all showing sizable chunks of green.Yet other water industry stalwarts, like Consolidated Water ( [more...]
Date: 2009-01-11 08:10:00
2009 Top Stocks: A Bull with Growing Horns
In trading earlier this week, several water companies got off to a great start. Midway through trading on Monday, Northwest Pipe (NASDAQ: NWPX), Layne Christensen (NASDAQ: LAYN), Gorman Rupp (AMEX: GRC), and Badger Meter (NYSE: BMI) were all showing sizable chunks of green.Yet other water industry stalwarts, like Consolidated Water ( [more...]
Date: 2009-01-11 08:10:00
2009 Top Stocks: A Bull with Growing Horns
In trading earlier this week, several water companies got off to a great start. Midway through trading on Monday, Northwest Pipe (NASDAQ: NWPX), Layne Christensen (NASDAQ: LAYN), Gorman Rupp (AMEX: GRC), and Badger Meter (NYSE: BMI) were all showing sizable chunks of green.Yet other water industry stalwarts, like Consolidated Water ( [more...]
Date: 2009-01-11 08:10:00
Population Bombs
Try as he might, Ross "every sperm is sacred" Douthat cannot locate a "key insight" about population growth in Ehrlich's book ... to fall in price unto the end of time, which is why trading in commodity futures is performed ... it is no less than John Holdren, Barack Obama's new science advisor, who claimed to have found [more...]
Date: 2008-12-22 16:27:00
Oil Set for Rebound as Record Drop Spurs OPEC Production Cuts
By Grant Smith and Mark Shenk Dec. 30 (Bloomberg) -- Oil futures may rebound from their worst year to average $60 a barrel next year as OPEC makes ... be turning around.” Crude futures averaged $100 this year, the highest since crude began trading on the New York Mercantile Exchange in 1983. Oil plunged along with commodities from copper to corn [more...]
Date: 2008-12-30 00:25:00
Some rumblings on next FOMC Meeting Tuesday, 16 Dec 2008
Sometimes, it takes a while before "the obvious" becomes "obvious" and stares at you right in the face.I don't know why I didn't see this earlier ... fund futures are now pricing in a 98 percent chance that the Federal Reserve will cut interest rates ... today, the same Fed Fund Futures are now pricing in 100% probability of a 75bp cut [more...]
Date: 2008-12-11 16:53:00
Investing In Commodities
I was reading Larry Swedroe’s The Only Guide to Alternative Investments You’ll Ever Need the other day, ... a futures contract; however, I have been thinking about adding commodities to my overall portfolio ... There are several ways to gain exposure to commodities without the complexities of futures trading [more...]
Date: 2008-12-22 00:28:53
Stock Market Sentiment
Daily Market Commentary for November 6, 2008 from Millennium-Traders.Com Buyers remain on the sidelines and even still, they are definitely not looking to take any chance in getting in on these heavy market losses taken by stocks as of yet. (read more) http://www.millennium-traders.com/news/newscommentary [more...]
Date: 2008-12-21 03:00:24
Did Airlines Help to Stop Oil Speculation?
The January 6 ATA SmartBrief (a free newsletter that is well worth subscribing to) ... in the prices of agricultural commodities as well? May also writes that “with nearly 90 organizations ... , speculative money started flowing rapidly out of the oil futures market.” This effect isn’t necessarily [more...]
Date: 2009-01-08 07:13:47
Get Buy / Sell Call on BSE, NSE & NSE F&O Shares: 13 Jan 2009
1. Satyam has proved itself as Zhootha and Raju7 has become a Conman from being a gentleman. The real story and Raju motive behind the whole story is as assessed by me and a few pertinent questions which needs to be probed by SEBI. 2. Raju in a deliberate move kept inflating the profit to keep Satyam ahead in the race in so many years but his [more...]
Date: 2009-01-12 18:21:56
Sensex down 9% in two days as Satyam scandal rattles investor confidence
A massive accounting scandal at IT major Satyam Computer and caution ahead of the US non-farm payroll data for December 2008, pulled the market down for the second day in a row. IT pivotals surged as investors churned portfolio after Satyam's scandal. FMCG stocks gained on defensive buying even as realty and metal stocks fell. Volatility was high [more...]
Date: 2009-01-09 13:37:00
Commodities Markets Expected to Stabilize in 2009
Monday, December 29, 2008 Commodities may face lingering economic pressures; ... , particularly for those who had invested in oil, futures contracts were their undoing.At the start of 2009 ... demand and they need present demand," said Matt Zeman, head trader at LaSalle Futures in Chicago. "Until [more...]
Date: 2008-12-30 02:50:00
Canadian Dollar Touches a Two-Month High as Copper Rallies
Canada’s dollar touched a two-month high against the U.S. greenback on a rally in copper and speculation demand for higher-yielding assets revived ... 15 of the 16 most actively traded counterparts tracked by Bloomberg. Commodities account ... 18 percent in 2008 as the global recession reduced export demand. Copper futures for March delivery [more...]
Date: 2009-01-11 03:56:01
Seven Percent Rise for Copper Prices
Although analysts don’t expect the latest copper rally to stick around for long, copper performed well earlier this week, ... , and many smelters chose to decrease output. But this week, copper is sitting well, since copper futures ... rising more than seven percent yesterday. LME’s three-month copper gained 7.2 percent, while COMEX [more...]
Date: 2009-01-07 14:00:53
The Economy: "A Journey Down the River Styx"
“The breakdown in the political, economic, and social structure of the United States will produce considerable casualties: some human and some financial. The casualties will not be confined to the shores of the US; they will be seen around the world. Signs of the financial decay have been around for almost a decade and you don't have to look any [more...]
Date: 2009-01-07 04:15:00
Soybeans Rally On Weather Woes; Copper, Gold Up
COMMODITIES - Soybeans Rally On Weather Woes; Copper, Gold up * Soybeans hit 3-month highs * Copper up 6 percent as U.S. jobs data provides relief * Oil down more than 5 percent on worrying fundamentals NEW YORK, Jan 9 (Reuters) - U.S. soybean futures hit three-month highs on Friday, pulling along grains like corn [more...]
Date: 2009-01-12 01:28:01
Mexico copper, silver output up in October
more ► 18 Dec 2008 Gold ► Government to withdraw Las Cristinas, Brisas concessions Venezuela's basic industries and mining ministry (Mibam) ... International (TSX: KRY) and will take control of... more ► 17 Dec 2008 Precious Metals ► Gold futures rally as U.S. dollar falls sharply Gold futures rallied Wednesday, as the U.S. dollar extended [more...]
Date: 2008-12-19 01:35:36
Scorpio Mining provides November-December update and January 2009 forecast
more ► 22 Dec 2008 Precious Metals ► Gold rises first day in three on safe-haven buying Gold futures rose Monday for the first time in three ... in Kalinga and Balatoc to reopen and develop a copper and gold mine in the Cordilleras (Philippines), the company told the... more ► Russian owners to temporarily close Bucim copper and gold mine [more...]
Date: 2008-12-23 15:14:55
Oil Prices Fell to Close to $US40 as Gold Price Rises
Oil prices fell to close to $US40 on Friday after a highly volatile trading week as new US data showed rising unemployment and deepening recession in the world’s biggest oil consuming nation. The benchmark contract, light sweet crude ... futures added 0.0805 cents to $US1.5595 a pound. [more...]
Date: 2009-01-12 01:09:58
Gold slightly higher amid mixed trading in dollar
more ► Silver ► First Majestic Silver Corp.: La Encantada updated NI 43-101 report increasing reserves by 183% FIRST MAJESTIC SILVER CORP. ( ... ► Peru - copper output up 16.8%, gold rises 1.63% in November Peru's copper output rose 16.8% year ... Precious Metals ► Gold futures fall as dollar strengthens, oil slides Gold futures fell Tuesday [more...]
Date: 2008-12-24 21:07:54
Market extends losses fall for the third day as heavyweights slide; Satyam recovers
Key benchmark indices, remained in negative zone throughout the day, ... largest software services exporter in terms of sales, tumbled 10.63% after the company said ... of the institution shares in its initial public offering. The company made the announcement during trading [more...]
Date: 2009-01-12 15:37:00
2008: The Financial Year in Review
Quote of the year. “I find the great thing in this world is not so much where we stand, as in what direction we are moving.” – Oliver Wendell HolmesThe year in brief. In a sentence, the story that shaped this year is simply stated: the collapse of the subprime mortgage markets sent the U.S [more...]
Date: 2009-01-06 16:02:02
It's Not The Cheese That Costs so Much
I admit that I can still be astonished. When I watched '60 Minutes' last night I saw a big surprise report that I was right all along about oil ... the commodities futures market. At the New York Mercantile Exchange, it's traded alongside cotton [more...]
Date: 2009-01-12 19:28:09
What are the risks of Counterfeit rounds?
What are the risks of Counterfeit rounds? (And what are my risks to make them?) Silver’s moving up again, about $11.48! So now is the PERFECT time to buy, after silver has built a base, and is moving back up. Now’s not the best time for me to sell, since if silver starts moving fast, it gets harder for me to cover [more...]
Date: 2009-01-07 14:55:48
Motorola unveils recyclable phone, boosts volatility as demand for call options surges
Today’s tickers: MOT, RIO, ICE, ERTS & CHK MOT – Motorola Inc ... do Rio Doce - ADRs. – Much optimism surrounded commodity and emerging market theories Tuesday ... stronger U.S. dollar, which is usually commodity price bearish, emerging market currencies including [more...]
Date: 2009-01-06 18:16:32
How Much is a Billion Dollars?
Daily Market Commentary for November 10, 2008 from Millennium-Traders.Com Its amazing how many billions, and billions of dollars were given to AIG, courtesy of the U.S. Treasury Department and the citizens of the United States. (read more) http://www.millennium-traders.com/news/newscommentary.aspx U.S [more...]
Date: 2008-12-24 03:35:19
London Metal Exchange Trading Jumps to Record in 2008
By Claudia Carpenter Jan. 5 (Bloomberg) — The London Metal Exchange, the world’s largest copper market, ... . A total of 113 million futures and options on metals and plastics were traded, including a 28 ... the exchange.” Nickel futures trading rose 37 percent to 5.2 million contracts and lead advanced 32 [more...]
Date: 2009-01-06 16:04:03
Oil Set for Rebound as Record Drop Spurs OPEC Cuts (Update1)
BLOOMBERG Dec. 30 (Bloomberg) ... be turning around.” Crude futures averaged $100 this year, the highest since oil began trading ... delivery traded at $40.22 a barrel, up 20 cents, in after-hours trading on the exchange at 8:43 [more...]
Date: 2008-12-30 00:44:12
Caprock Analytics Stock Ratings for Selected Stocks
Caprock Analytics highlights selected stocks from the over 4,000 stocks tracked and analyzed by Caprock Analytics. These stock selections include a recent Caprock Analytics Strength metric and a brief description of the company. Note that stocks with negative strength ratings indicate a degree of weakness that has been detected [more...]
Date: 2009-01-08 19:06:02
Base Metals Stagnant
Base Metals Stagnant Doug Casey Writes: The base metals were mostly in the red on Monday ... slipping a little late in the day to finish at $1.4251/lb., down less than a quarter-cent. Nickel ... during the pre-dawn hours but rallied back the rest of the day to end at $0.6854/lb., down three [more...]
Date: 2009-01-06 19:58:57
