Commodities Archive
Bernanke Talks Up The Dollar
June 3, 2008 · Category: Commodities, Federal Reserve, Foreign Exchange, Inflation, Market Commentary
In collaboration with our colleagues at the Treasury, we continue to carefully monitor developments in foreign exchange markets. The challenges that our economy has faced over the past year or so have generated some downward ...
Posted by Greg Feirman · No Comments »
Oil Market Action Continues To Suggest A Top
May 29, 2008 · Category: Commodities, Market Commentary
This looks like a market that's running out of steam.
- Walter Zimmerman (subscription required), Technical Analyst, ICAP/United Energy
Some more interesting action in the oil market today.Â
The Energy Information Administration today announced an 8.8 million barrel decline ...
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Tuesday Reading: Is Oil A Bubble?
May 27, 2008 · Category: Commodities, Market Commentary
"Is $130 oil a bubble?", CNN, Friday May 23
"The Short View: Commodity Speculation", John Authers, Financial Times, Tuesday May 20
"Whither The Price of Oil?", John Mauldin, Frontline Thoughts, Friday May 23
"High Oil Prices Spur Thoughts ...
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Oil Down $4
May 27, 2008 · Category: Commodities, Market Commentary
In the past (Iran) would have put a little bullish impetus in these markets, but it isn't today. Perhaps it's telling.
- Addison Armstrong (subscription required), Analyst, Tradition Energy
The story in financial markets for the last bunch ...
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Signs Of A Top In Oil
The trading in the stock market the last few days has been all about oil. And the trading in oil has been all about speculative psychology.
Yesterday, spurred by a surprise drawdown in oil inventories reported ...
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Freeport Valuation Bloated Here
April 23, 2008 · Category: Commodities, Stocks
Freeport McMoran (FCX), the largest publicly traded copper company, reported 1st quarter earnings this morning before the open. The numbers were good: revenues up 24%, operating income up 62% and net income up 81%. That's ...
Posted by Greg Feirman · 1 Comment »
$107
March 10, 2008 · Category: Commodities, Market Commentary
$107
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The Last Stronghold Of The Bulls
March 6, 2008 · Category: Commodities, Market Commentary
The only sectors that have really performed well since the Jan 22-23 lows are energy and basic materials.
Along the same lines, Brazil, an economy and stock market dominated by commodity producers (national oil company Petrobas ...
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Commodity Stocks Lead Market Higher
February 19, 2008 · Category: Commodities, Market Commentary
Today is one of those days where the market is higher but nobody seems to know why. So I did a little detective work.
The first thing is that it's only two groups that are really ...
Posted by Greg Feirman · No Comments »
Oil Closes Near $80: Will It Last?
September 12, 2007 · Category: Commodities, Market Commentary
"The stats are very bullish."
- Tony Rosado (subscription required), IAG Energy Brokers
Oil closed today at an all time high around $80 a barrel.
Despite OPEC deciding to raise production by 500,000 barrels a day yesterday, oil ...
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