ETF ARTICLES
Gold: Bulls Remain In Control Gold: Time For Bulls To Start Playing Offense It’s been a rough two months for the precious metals space, with the price of gold (GLD) sliding nearly 9% from its May highs before finding a bottom in late June. While this turbulent price action has eroded the bullish posture of […]
While Q2 started off strong, it was a rough finish to the quarter for the price of gold (GLD), with the metal dipping back into negative territory, down just over 4% year-to-date. This weak performance following the June Federal Reserve Meeting, where we saw the discussion of an earlier rate hike than initially planned. While […]
It’s been a rough month thus far for the precious metals complex, with the price of gold (GLD) plunging by more than 7% thus far in June despite one of the highest inflation readings we’ve seen in more than a decade. While many investors had hoped that a continued dovish stance by the Federal Reserve […]
It’s been an exciting Q2 for the precious metals complex, with the price of gold (GLD) recovering sharply from its February slide, with the metal now flat year-to-date. This recovery in the gold price has lit a fire under many gold miners, with previous leaders like Kirkland Lake Gold (KL) working on making new 3-month […]
It’s been a volatile month thus far for the major market averages, but the yellow metal (GLD) has continued to hold its ground, seeing minimal downside volatility and up more than 10% just over halfway through Q2. This exceptional performance is a massive change in character from Q1 when the metal couldn’t find a single […]
Brent-WTI is a location, quality, and political risk spread The shift in US energy policy makes Brent-WTI an even more important indicator Brent could slip to a discount as the petroleum power shifts The trend is your friend in crude oil, and it is higher- Ask Goldman Sachs USO and BNO are the ETFs for […]
It’s been a volatile month for the market thus far, with the Nasdaq-100 (QQQ) down over 5% and the S&P-500 (SPY) giving up nearly half of its April advance. Fortunately, this weakness in the major market averages has not spilled over to the precious metals complex, where gold (GLD) is now massively outperforming the Nasdaq […]
Crude oil probes below $60 makes a higher low and is now working towards the May 8 peak OPEC+ is managing the market to extract the highest price from US consumers Inventory data is bullish Multi-year highs in many commodities point to the same in crude oil BNO and USO are the crude oil ETF […]
New highs in gasoline and a pullback Lots of time ahead in the driving season Three reasons why gasoline can head a lot higher Technical levels to watch UGA tracks the price of NYMEX gasoline futures Gasoline is the most ubiquitous oil product. The fuel is highly seasonal as prices fall during the winter months […]
The month of April started off on the right foot for the yellow metal (GLD) and the Gold Miners Index (GDX), but despite a continued dovish tone from the Federal Reserve on Wednesday, the metals and miners are being taken to the woodshed. Again. While gold is only down 2% from its recent highs, the […]
April 20, 2020, was an ugly day in the oil patch What a difference a year can make Contango in 2020- Backwardation in 2021 OPEC uses term structure to force consumers to pay up for petroleum The trend in crude oil remains bullish, despite the correction Crude oil recovered from below the $60 per barrel […]
It’s been a volatile start to the year for the precious metals space, with gold (GLD) being one of the worst-performing assets year-to-date, down 8% for the year. However, while this performance is disappointing, especially against the S&P-500’s (SPY) relentless rise, it’s essential to put things in context, given that gold massively outperformed the S&P-500 […]
A correction and a meager bounce Oil products signal rising demand Inventories in Q1 were mostly bullish Levels to watch in crude oil The three most bullish factors for the energy commodity in Q2 Crude oil prices moved higher throughout most of 2021’s first quarter. Brent crude oil rose 20.67%, and the United States Brent […]
An elevator ride stops at above the $57 level on NYMEX futures Gasoline crack spreads remain a bullish sign for demand OPEC is in the driver’s seat as the peak season arrives The Middle East is a significant factor again UCO on price dips could be the optimal approach to the energy commodity Even the […]
It’s been a rough start to the week for the gold (GLD) bulls, with the metal nose-diving Tuesday morning below $1,690/oz. This has left the metal dangerously close to re-testing its recent low at ~$1,670/oz, and in jeopardy of closing below its monthly moving average. While the current correction has inflicted zero real long-term damage […]