Commodity Markets Blog Posts

July 24, 2020 by Matt McCracken
Disclosure: Our firm is long CEF, SGOL, SIVR, PAAS, AU and NEM as of the day of this article's publication. Gold and silver prices have gone straight vertical the past week. We have precious metal exposure for our clients through three different...Read more
May 2, 2020 by Matt McCracken
This past month, the near-dated WTIC contract (CL) went negative, which I assume is a first for any commodity contract. The May CL contract didn't just go negative but it went very negative. Now, this is not suppose to happen but at the height of...Read more
October 31, 2016 by Matt McCracken
After how many years, I have no idea, natural gas is finally trading in backwardation. This means the price of contracts expiring far into the future are actually trading at a discount to the spot price (or at least contracts expiring in the near...Read more
October 21, 2016 by Matt McCracken
UPDATE: The link in this post is no longer valid. Please e-mail us by filling out the "Contact Us" form on this page and I'll e-mail you a copy of the report. Please put "Managed Futures" in the subject line. I just found this .pdf on why Managed...Read more
October 19, 2016 by Matt McCracken
Oil is crashing yet again this morning nearing the $50/barrel mark. A level that is likely significant for many parties, the least of which is producers seeing their margins crashing even faster. Derivative securities of CL such as USO, RB and BZ...Read more
September 7, 2016 by Matt McCracken
Natural gas prices are doing their best Alfred E. Newman impression this morning falling in light of news that the strongest earthquake on record in Oklahoma hit this weekend. The culprit? Obviously, gas drilling or actually the disposal of waste...Read more
March 14, 2016 by Matt McCracken
Live cattle prices climbed to a new all-time high yesterday hitting just over 1.54/lb. This is not good news as football season is approaching and this may cut into tailgating budgets. Cattle prices are one commodity which have done a whole lot of...Read more
January 13, 2016 by Matt McCracken
The following commentary is not a recommendation to buy or sell commodity futures. Please review our disclosure statement found on the right side of this webpage. Last week I wrote about a bullish sign in the crude oil (CL) market as the commodity...Read more
December 18, 2015 by Matt McCracken
On January 13th of this year, I wrote a post called Great Day to Buy Oil? It wasn't the lowest close in oil in Q1 but darn close to it. And it turned out to be a great day to "trade" oil on the long side as it shot up over 31% in the next five...Read more