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8. April 2011 by Jim Sutliff.
Crude oil continued to rally and reached a 30 month high at nearly $113 dollars a barrel. Crude rose with other commodities like gold and tin which also reached trading highs on Friday. Investors shifted holdings to commodities as speculation grew that the Federal Reserve would raise rates at a slower pace than other central banks.
To read a related Bloomberg article, please click here:
James Sutliff
Posted in Options & Futures, Oil, Regulatory, Interest Rates, Trading, Metals, Investments, Bonds, Currency, Economic News, Gasoline, Banking | No Comments »
7. April 2011 by Jim Sutliff.
Oil hit 2 1/2 year highs in afternoon trading and fueled concerns regarding inflation. Crude oil is putting pressure on the $110 dollar a barrel mark and some analysts are predicting $150 oil before the end of the year. The inflationary pressure has sent gold to new highs hitting $1,461.91 an ounce. Gold is considered a safe haven as global currencies face increasing pressure.
To read a related CNBC article, please click here:
http://www.cnbc.com/id/42454041
Jim Sutliff
Posted in Oil, Options & Futures, Trading, Metals, Investments, Currency, Economic News, General, Banking | No Comments »
16. March 2011 by Jim Sutliff.
The Bloomberg Chart of the Day highlights the recent decline in copper prices. Copper futures may post their biggest decline monthly decline in over a year. The decline in copper prices may continue in the near term due to weak economic numbers, turmoil in the middle east, and lower demand from asian countries.
To read a the Bloomberg Chart of the Day, please click here:
James Sutliff
Posted in Options & Futures, Trading, Metals, Investments, General, Hedge Funds, Economic News | No Comments »
2. March 2011 by Jim Sutliff.
Jim Cramer has predicted that gold will increase to $1,550 an ounce. Recently, gold settled at $1,431 an ounce which is an all-time high. The Cramer prediction was influenced by Wall Street technician John Roque.
To read a related CNBC article, please click here:
http://www.cnbc.com/id/41859420?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo
Jim Sutliff
Posted in Options & Futures, Metals, Investments, General | No Comments »
1. February 2011 by Jim Sutliff.
Copper continued to rise and is near $10,000 per metric ton. In recent trading on the London Metals Exchange, copper with a 3 month delivery date was trading at $9,860. Demand for copper has increased as the economic outlook has improved in America and China. Recently, stockpiles of copper have fallen for the first time since 2004.
To read a related Bloomberg article, please click here:
Jim Sutliff
Posted in Metals, Trading, Investments, Infrastructure, General, Economic News | No Comments »
13. January 2011 by Jim Sutliff.
The Commodity Futures Trading Commission has proposed new position limits to curb speculation. The goal is to help prevent spikes in fuel and agricultural commodities. If approved the plan would cover 28 different commodities. The proposal is expected to face opposition from market participants as well as some commissioners. The trading limits may not solve price volatility concerns and could have the effect of lowering liquidity.
To read a related Financial Times article, please click here:
http://www.ft.com/cms/s/0/d13ced4e-1f46-11e0-8c1c-00144feab49a.html?ftcamp=rss#axzz1AxgQwnHR
Jim Sutliff
Posted in Options & Futures, Regulatory, Trading, Oil, Natural Gas, General, Investments, Metals, Banking | No Comments »
28. December 2010 by Jim Sutliff.
Gold broke the $1,400 mark in light trading on Tuesday. The Gold rally took place in spite of an interest rate increase by China. The rate hike was only 25 basis points but it could signal further increases in the near future. Also, some portion of the Gold rally can be attributed to short covering.
To read a related article one The Street, please click here:
http://www.thestreet.com/story/10956255/1/gold-prices-pop-buying-strong.html
Jim Sutliff
Posted in Interest Rates, Metals, Investments, Currency | No Comments »
27. September 2010 by Jim Sutliff.
The next two weeks of economic data could lead to significant movement in the markets. The GDP consensus will be released on Thursday and personal income statistics and manufacturing numbers will be released on Friday. The Dow Jones started the week off with an almost 50 point drop.
To visit the Wall Street Journal Market Data, please click here:
http://online.wsj.com/mdc/public/page/2_3063-economicCalendar.html?mod=mdc_h_cmgrel
To read a related Wall Street Journal article, please click here:
Jim Sutliff
Posted in Natural Gas, Metals, Oil, Options & Futures, Stocks, Investments, General, Bonds, Currency, Economic News, Gasoline, Banking | No Comments »
23. August 2010 by Jim Sutliff.
Copper prices are fluctuating due to a weaker dollar and economic concerns. Copper trading is within a specific range and it has yet to make a hard move in one direction. However, the concerns regarding the U.S. and Chinese economies may have a strong effect on prices in the near future. America and China are the largest buyers of Copper.
To read a related Bloomberg article, please click here:
Jim Sutliff
Posted in Metals, Investments, Currency, Banking | No Comments »
8. December 2008 by Jim Sutliff.
Oil remained above $40 a barrel today but that might not last long. Some analysts have predicted a decline for oil down to $25 a barrel. Metals have also been propped up but some analysts think that is due to intervention by the Chinese government in an attempt to secure resources.
To view a related article, please click here:
http://www.ft.com/cms/s/0/72921592-c518-11dd-b516-000077b07658.html?nclick_check=1″
Jim Sutliff
Jim Sutliff
Posted in Political News, Trading, Options & Futures, Oil, Metals, Investments | No Comments »
19. August 2008 by Jim Sutliff.
CME and Nymex shareholders voted to approve the merger. CME is the world’s largest derivative exchange and NYMEX is the energy and metals market.
To view a related article, please click here:
James Sutliff
Posted in Oil, Options & Futures, Regulatory, Natural Gas, Metals, Currency, Economic News, Investments, Banking | No Comments »
5. August 2008 by Jim Sutliff.
Prices for crude oil and copper led to a slide in the commodities segment. Crude oil was down almost $3 which is an additional decline from the slide it took on Monday.
To view a related article, please click here:
http://www.bloomberg.com/apps/news?pid=20601213&sid=atQu9RDynR1g&refer=home
James Sutliff
Posted in Options & Futures, Oil, Metals, Investments, Economic News | No Comments »