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
March 14, 2016 by Matt McCracken
It was just announced that several large banks will pay fines and plead guilty to marketing rigging in the currency and bond markets. Isn't rigging currency and bond markets not what the Federal Reserve and practically every oether central bank does...Read more
March 9, 2016 by Matt McCracken
I am sure Charles Barkley has a bunch of detractors – but the guy is funny. And entertaining. If I ever watched NBA basketball, I’d be sure to take in his commentary. ESPN reported a story last night about how Barkley denounced the use of stats in...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
November 9, 2015 by Matt McCracken
There has been much made about the crash in oil prices the past 18 months. It has served to send energy stocks (IYE) into a significant bear market and could bankrupt many small players as they are burdened with debt based on $60 oil. (After all, it...Read more
August 20, 2015 by Matt McCracken Divers dig up gold that went down on ships in the early 18th century. I'm wondering, do you think 300 years from now, people will risk life and limb to scour the...Read more
August 5, 2015 by Matt McCracken
From his speech today: We'd have to cut off countries like China from the American financial system. And since they happen to be major purchasers of our debt, such actions could trigger severe disruptions in our own economy, and, by way, raise...Read more
July 6, 2015 by Matt McCracken
Headline from Yahoo!Finance this morning: The Latest: Tsipras calls Putin in wake of referendum result Over the last few weeks, the courtship between Russia and Greece has heated up. While Greece's failure to pay their debts may not impact the US...Read more
May 29, 2015 by Matt McCracken
This morning, Yahoo!Finance reports that Bloomberg reported that almost $1B has been withdrawn from USO, the biggest U.S. exchange-traded fund that tracks the price of oil, over the past couple of months . The article makes two points that are both...Read more