The Energies & Metals Review This Week: August 29, 2011

Once you are earning from futures markets, the Energy and Metal Review I’m sharing will interest you like ever. Since the markets are changeable and such the information will help guide your work. If you say yes, now we start.

Eenergy and Metal Reviews This Week: August 29, 2011

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Futures Markets : Financial and Precious Metal Reviews

Once you care about futures trading, keep on! Be back with futures markets, we will narrow the topic on finance and metal market in the show below. The financial and precious metal review this week will help you get idea on how to run your trade in the next few days. Just have a note on the information that needs for your trading. Good luck!

Financial and Precious Metal Review

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Energy Futures and Metal Futures Reviews

To continue with my futures blogs which are created to support any of you who care about financial, energy, metal, soft, grain and other futures markets, I would like to share with you the reviews on the energy and metal markets in this post as the promise of bringing you guys the best support in your futures trading.

First of all, we will have a look at the metal futures. According to the statistic, after the big sell off from $1,430 to $1,325 in the Gold market, precious metals hovered around unchanged as traders and investors took this opportunity to buy on the dip here as Gold closed around $1,355 per ounce. Gold stayed strong to the support at $1,320 and did not flush below this level Even when the USD gained against the Euro with the Ireland debt issue. And Silver also, it has stayed above the significant $23 level as prices hover around $26. Our metal expert - Pitguru Daniel Cronin - said: "I would look to try and get Gold on the cheap this week somewhere near the $1,320 level as I fell prices have much more of an upside than down on this market." From here, you can plan something for your investment and I hope that this is right for all.

There are banks and funds that have lifted their Gold predictions and some go as far as $1,650 “by next year as the Federal Reserve pledged this month to spend an extra $600 billion buying Treasuries, adding to trillions of dollars injected by central banks worldwide to inflate their economies out of the worst global recession since World War II.” Gold should be consolidating a bit here after the drop. The metal markets still keep changing and this may cause difficulties to you guys, but that's also the interesting points that make excellent investors

That's some information on the metal market that you can take note. Now, we will go next to stop by the energy futures home. If you care about this market, you can recognize that energies had a less than stellar week as Crude fell to $81.98 which was down 4.9% for the week in the January contract as Ireland's debt crisis moves into full swing in the Eurozone. As reported, “Energy prices also fell at the end of last week after China ordered banks to raise reserves in a move that may slow growth and crimp fuel demand in the world’s largest energy-consuming country.” However, WTI spreads rallied in the front as Jan/Feb - which is now the spot spread - rallied up to -59 and the Jan arb, which fell to -300 on Friday’s trade rallied up to -250 before the weekend set in as traders started to profit take on this from the short trade that occurred from -90 to -300. Note that, you can look for opportunities to sell on the rally in January somewhere above $83 to $84 as crude prices will likely gravitate toward the $80 level as the S&P continues its slide below 1200. Expert believes OTM Puts will be a nice play as the market looks to head lower as hedge funds cut their long bets on the price of crude oil futures. Just keep up with the market you trade, success will be not something strange to you any more.

Futures Market Reviews For the week of November 22nd, 2010

Another new week comes, and it's time for us to gather to review the futures market. Let's see what our experts has been collected and analyzed for us! I will not take much of your time. I'll let you with the reviews. Hope for your great trading week and we will gather in the next week with new news!

Futures Market Review for The Week of November 15th, 2010

Again, check out the futures markets for your trading week. I hope everything you will have been doing is fine.

Futures Reviews for The Week of November 8th, 2010

It's time for us to check out the futures reviews to see how financial, grain, soft, energy, metal markets going this week - The week of November 8th, 2010.

Futures Market Reviews for The Week of November 1st, 2010

Time runs so fast. Another the new week comes, and this is the time we are back with the futures markets. In the first week of November, let's check out the futures reviews to see what experts want us to note for our trading!

Futures Market Reviews for The Week of October 25th, 2010

Another new week comes and opens new things for us. Back to futures trading markets, just stop by the weekly futures reviews to check out what will be going on and decide your investing!

Futures Market Reviews for The Week of October 18th, 2010

Nice to meet you guys again! As normal, today we will be back commodity trading floor to see how experts analyzed the markets for us. Just note down the information news to be ready for your trading in the new week. Hope you will have a great week! We will meet again next week. But, before I leave, just want to remind you that don't forget to have a look at the futures reviews for more understanding of the whole markets besides information that charts give you.

Futures Market Reviews for The Week of October 11th, 2010

New week comes, and I'm glad to be back to do my weekly job: sharing helpful information on futures trading markets with you guys who care about them. View how financials, energies, softs, metals and grains market going from the charts and futures reviews analyzed by experts to make your right decisions! I wish you a successful week! We will meet again in another new week.

Futures Market Reviews for The Week of October 4th, 2010

New week starts let's go back the futures market to see what news in the floor to plan for your new trading week. The chart already told you all. For more information, just have a look at the futures reviews to see what experts advice us!

Futures Market Reviews for The Week of September 27th, 2010

To ready for the new trading week, Pitguru experts finished analyzing the futures markets for you guys. Look at the charts for the whole views of how financials, softs and metals markets going. If you want to make sure for the full understanding of those markets, check out the futures reviews and daily futures prices to keep up with the changes.

Futures Market Reviews for The Week of September 20th, 2010

***chart courtesy Gecko Software’s Track n’ Trade Pro
Past performance is not necessarily indicative of future results.

Back to the futures trading floor this week, as ever, look at the chart to see how the markets has been going. For detailed information, let the Pit experts tell you more from futures market reviews! For better support, the daily futures price reports will bring you the most update news.

Futures Market Reviews For The Week of September 13th, 2010

Just have a look at the futures charts to have an over view of how the markets going in this week: The week of September 13rd, 2010! For more descriptive details, just stop by the futures reviews to see what experts tell us what we should care for our trading!

Futures Market Review Charts : August 30th, 2010

Back to futures trading market, I wish you will have a smooth trading week. Above charts describe energies, financials, grains, softs and metals markets this week. I hope that they will help you have an overview of how the futures markets going this week so that you can make suitable plan for your business. For more detail, you can check out the futures reviews to see what the experts talk about the happenings.

Energies Market Review for The Week of July 26th, 2010

Time pasts too quickly. How about your business? I hope you had a great trading week. Now, new week comes with changes we should note for our new trading week. Just check out The Energies Review for the week of July 26th, 2010 to see what our expert - PitGuru Daniel Cronin - notes about the market.

"The energy markets had a great week last week rallying in all of the sectors as the equity market ticked higher and the Euro continued its torrid pace against the USD. The one key factor on Friday was that the market sustained gains not giving anything back to head out the close to the weekend. WTI spreads have also sustained the recent rally as the inventory space in the Oil market declined some 5 million barrels last week and have dipped the last 4 straight weeks. Sep/Oct still in the -30's while Oct/Nov is trading at -50. The only negative to this market is that Hurricane Bonnie dissipated as a tropical storm near the U.S. Gulf Coast at the weekend, sparing refineries and offshore production operations. BP Plc vessels returned to the area working to permanently plug a damaged well, the source of the largest oil spill in U.S. history.

This is the only factor why Oil has not tried to break through $80 yet. Crude was above $79 and at the top of the range so I am recommending some put purchases based on technical analysis resistance at this $80 level.

Natural Gas has traded up to $4.70 again this week, which is great resistance as warnings of Hurricane Bonnie led shorts to get squeezed out of the market. I would say this too should be sold up at the $4.75 level and I suspect prices will drift back down to $4.30."

So far, you have a whole view of energies market and noted down necessary information. As I noted that, energy is not the only market that futures traders need to care. You also can view other weekly futures market review that I cannot share with you all here to decide your trading. I wish you a successful week. We will meet again in the next week for new reviews.

The Financials Pit Review for The Week of July 19th, 2010

Time makes things change and renew the markets. A week has gone, now just check how the financial market going.

The Financials Pit Review
for The Week of July 19th, 2010

By PitGuru Frank LaMantia

JD Power has released their annual survey of investor satisfaction with brokerage firms. Full service brokerages that one might expect to have pulled ahead in ratings were down. BOA/Merrill, Morgan Stanley/Smith Barney, and Wells Fargo came up on the short side of the list. The overall top 3 firms that measured investor’s perception of the advisers, performance of investments, and accounting fees was Edward Jones, Royal Bank of Canada’s RBC Wealth Management, and LBL Financial. An increasing proportion of the 4,460 investors who took the survey said they believed their investment firm was driven more by profit concerns than focused on the customer.

Friday could be a market-mover simply because the stress announcements for over 91 banks in Europe will be announced. This will hopefully show weak spots and give vulnerable banks the opportunity to raise capital. These tests are being taken to show Asian wealth funds that European savings banks are not risky business, and also show that investors are confident. Are these tests being done for the right reasons? It seems as though it is for money rather than the safety of consumers!

Corporate earnings used to be cut and dry where positive earnings helped the stock market move in an upward direction. Economic reports have put a solemn mood on earnings before the season even started. A year ago many polled said a double recession was impossible. Now it is in the financial news as a main topic each day. The housing market still seems to be a thorn in the consumer’s side. Sideways trading, little to no growth, and possibly a double recession could be what is in store for the future.

The S&P traded up 4 points to 1065 the DOW traded at 10089 up 30 points in premarket trading. Some may consider this trader pessimistic or even doom and gloom but if this market stagnates at this juncture a sell off could be in the midst. Many times in this situation the market gains momentum to give itself a cushion just in case bad news is announced.

To keep up with the financial market, check out the free currency rate calculator for extra help!

Grains Review - July 12, 2010

The Grains Pitguru Review
For the week of July 12^th, 2010

Friday saw WASDE deflate any upside ideas in wheat with old crop complex factors showing the best strength heading into the weekend. There was little action in corn with the market failing against the recent highs with no weather concerns on the immediate forecast. The ridge is still there but it’s a bit deflated as compared with late last week. This added to a lack of weather concern in China and enhances the corrective possibilities with no news coming over the weekend to spark the next upside move. Macros are not helping bullish sentiment pointing to a short term correction with corn and wheat sure to be the weaker of the big three with bean demand from both China and domestic crushers remaining firm in old crop. Bean oil should gain against meal due to a correction in the latter market and growing concern in the Canadian prairies. The overnight fell but recovered off nightly lows with no real pressure seen but no reason to rally. Looking at the day session there is little direction seen that differs from the overnight with a strong USD adding to slight bearish momentum and nothing coming from either crude or gold to spark major movement. Look lower without drama to start the week.

Beans are called flat-2 lower to start with July and new crop looking weakest. The 200-day MA in Sep is the first downside corrective target. Corn is called flat/mixed to start with the 100-day MA sitting at 375.50 acting as the first downside consolidation target. Wheat is called flat/mixed with the 200-day MA and Friday’s low sitting at 532.50 acting as first support. Soy Meal is called flat-1 lower with the range high at 291.30 acting as firm resistance with the 200-day MA acting as the first downside consolidation target. Bean Oil is called 10-20 lower looking to hold the 20-day at 37.44 with the 50-day at 37.82 acting as the first bullish target.

Open Interest moved as follows: Beans +3794, Corn +8874, Wheat +-391, Meal +1792 and Bean Oil -2186. The small drops in bean oil I attribute to shorts exiting on the recovery above the 20-day MA. Short term money in corn is a risk to bulls with any pullback approaching the 100-day MA sure to bring in liquidation.

Argentina has stopped issuing Beef export licenses which may be the first step in limiting corn and bean exports. Nothing immediately bullish but if they continue to curb food inflation, currently at 20%, the world will have to come to the US for old crop beans and meal.

Late sales of 152,500 TMT US corn for new crop to an unknown, probably China though it cannot be confirmed as of yet.

By PitGuru Matthew Pierce

Metals Review - July 12, 2010

The Metals Pitguru Review
For the week of July 12^th, 2010

Precious metals slid last week as investment demand for the Gold market faded just a bit as prices at one time slid below $1,185. Gold rose to above $1,200 but is still not showing any real signs of returning to a new high. One would think that the equity markets decline and a rally in the Euro meant a rally in the Gold price but this was just the opposite. The market then made a turnaround in the S&P to 1060 and Gold followed suit a bit higher, so for right now I think it’s advisable to stay away to avoid this choppy situation. Look to buy some calls on a dip around $1,170.

Copper once again failing to really bust through the $3.05 level as it has traded down to $3.01. This market has not really had any luck trying to go higher but it has had higher lows recently so that is one positive sign to look to. This market really needs to break $3.10 to bust higher but for right now it’s range bound from $2.90 to $3.06.

By PitGuru Daniel Cronin

Softs Review - July 12, 2010

The Softs Pitguru Review
For the week of July 12^th, 2010

The soft markets may receive influence from outside markets, equities and the dollar, yet they have recently provided some movement and thus opportunities. Expect that to continue, but in violent choppy fashion.

Coffee prices have established a wide range, trading between 15685 and 16720 this past week, and settling Friday at 16385. The wide range is keeping traders nervous and the market choppy. And while I fully expect that range to serve as support and resistance until prices either jump over 168 or below 155, even then, stop hunting will fuel volume and another quick 300 points, I still believe that the market has further upside appeal. Having reached that high early Friday, this morning values are under pressure and apt to test last week's low. Fundamentally, there have been no changes, with Brazil's large crop expected to have problems with quality so as to allow differentials to continue to be a focus. Until the market breaks below 155, expect potential on the upside.

Sugar prices dropped late Friday and wiped out the nice rally the market had going. October had traded from a low of 1641 on Wednesday morning to an early 1741 high on Friday, but the price action that followed strongly suggests that the market has found a short-term top. This morning prices are attempting to get back over 17, which if successful, brings Friday's high and 18 cents back into play. Otherwise, sugar will try and build momentum and likely languish.

Cotton has been showing signs of trying to bottom. Friday saw active interest in calls. Although the bigger US crop and weak technicals have kept buyers away. Support ought to be found at 74 cents and resistance at 80 cents, but should 74 give way then 70 cents is the next level to look for. I favor the long side in cotton.

By PitGuru Jurgens H. Bauer