When commodity ETFs exploded on the scene a few years ago, investing in corn, coffee or pork bellies became easier than ever. Plus, the world's growing consumer class needs commodities more than ever, too. All of that makes commodities a relevant choice for today's investors. Here, you'll find forecasts and tips for trading your favorite commodity market -- from cocoa and sugar to gold and crude oil.
Which precious metal has outperformed all others in 2016? You might think gold or silver. But the real answer is... palladium. Turns out, this metal underdog has one factor to thank for its incredible bull run… See for yourself.
When it comes to staying ahead of major price turns in commodity markets, many investors stay tuned to various "channels" which keep them abreast of weather, political, or economic events that may affect a market's future trend. But, as the 2016 rally in coffee prices shows us, there's only one true "channel" to watch!
Since plummeting to the abyss of a 13-year low in January, the Bloomberg Commodity Index rocketed 21% to enter official "bull market" territory on June 6. Some say the Fed's ongoing commitment to ultra-low interest rates is feeding the sector's fire. But there's a whole lot more to this new "bull" run than meets the eye.
Learn more about our Chief Commodity Analyst, Jeffrey Kennedy, and what he thinks makes Elliott wave principle so compelling: Namely, that it puts price action into context of a larger trend.
This week's shocking spike in crude oil prices is +12% and counting. Media stories blame one culprit: the November 30 OPEC agreement to cut production. The weeks leading up to the meeting were filled with anticipation and emotion. Oil prices went all over the place -- down 4% one day, 3% the next. Yet, those fluctuations weren't random.
On Nov. 21, U.S. crude spiked 4%. Not surprisingly, the financial press attributed the price rise to the possibility that OPEC will cut production. But, earlier in 2016, oil prices fell on similar news. Find out what really governs oil prices.
Bullish sentiment among silver traders recently fell to 8 percent, the lowest reading since mid-2015. So, sentiment is in the right place for the next big leg in the price pattern.