Commodity Markets Blog Posts

February 23, 2021 by Matt McCracken
There is considerable chatter about inflation coming home to roost over the next several months to years. And we have addressed the inevitabilty of price inflation for some time on this site. When the media talks inflation, what they are talking...Read more
January 12, 2021 by Matt McCracken
Corn, wheat and soybeans all experienced a considerable move higher today, with corn trading limit up, as the USDA reported much lower inventories than expected. The USDA is saying several grains saw a record drop in yields. For quite some time, I...Read more
Oil rigs in West Texas
October 9, 2020 by Matt McCracken
Over the past couple of weeks, my capitulation signal indicator (CSI) has been going off for energy stocks. Just in the past week, we bought CVX, KYN and PBR. It also generated buys on IYE, MMP and SLB but I didn't take them but I may in the coming...Read more
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UPDATE: The link in this post is no longer valid.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