Crude Oil Prices' Fall Might Not Be Over Yet, Metal Prices Can Go Lower, Too
MetalMiner - Seeking Alpha - Thu Mar 19, 4:32AM CDT
By Raul De Frutos Crude oil prices keep falling. The prices slid to a fresh 6-year low this week, the lowest since March 2009, despite the minor comeback they had recorded in the previous weeks. We commented last month that nothing guaranteed...
OLO: 6.80 (+0.05), BNO: 20.47 (+0.31), UBM: 14.57 (-0.13), BDG: 16.15 (unch), JJM: 26.07 (+0.95), DNO: 63.87 (-1.37), BDD: 6.60 (unch), OIL: 9.79 (+0.22), RJZ: 7.83 (+0.23), OLEM: 22.25 (+0.59), USO: 16.43 (+0.35), HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), UCO: 6.50 (+0.26), DTO: 115.21 (-3.60), USMI: 18.40 (-0.46), BOM: 16.09 (-0.91), UWTI: 2.07 (+0.13), SCO: 93.38 (-4.24), RGRI: 20.52 (unch), BOS: 24.00 (-0.27), SZO: 73.00 (-1.95), DBO: 13.39 (+0.22), DWTI: 149.45 (-10.55), USL: 23.65 (+0.47)
Why This U.S. Steel Price Index Is Crashing, And Other Monthly Metal Price Trends
MetalMiner - Seeking Alpha - Fri Mar 13, 6:31AM CDT
By Taras Berezowsky Our Raw Steels MMI® level is now crossing swords with the Renewables MMI®. The Chinese Lunar New Year has gotten off to quite a slow start, as far as industrial metal markets are concerned. The last 18 months have...
BDG: 16.15 (unch), HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), JJM: 26.07 (+0.95), USMI: 18.40 (-0.46), BDD: 6.60 (unch), RJZ: 7.83 (+0.23), BOM: 16.09 (-0.91), UBM: 14.57 (-0.13), RGRI: 20.52 (unch), BOS: 24.00 (-0.27)
Iron Ore: Is The Time Right To Get On Board?
Andrew Hecht - at Seeking Alpha - Mon Feb 23, 5:05AM CST
HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), USMI: 18.40 (-0.46), BOM: 16.09 (-0.91), CLF: 4.30 (-0.01), KOL: 13.50 (+0.13), RGRI: 20.52 (unch), UBM: 14.57 (-0.13), BOS: 24.00 (-0.27), BDG: 16.15 (unch), JJM: 26.07 (+0.95), VALE: 6.26 (+0.41), BDD: 6.60 (unch), RJZ: 7.83 (+0.23)
Don't Buy On Weakness, Buy On Strength
MetalMiner - Seeking Alpha - Thu Feb 19, 5:16AM CST
By Raul De Frutos Almost every metal buyer tries to buy forward, either increasing inventories or fixing prices with suppliers, when they see or they hear that their particular metal is "cheap." This habit is completely intuitive. It's...
BDG: 16.15 (unch), HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), JJM: 26.07 (+0.95), USMI: 18.40 (-0.46), BDD: 6.60 (unch), RJZ: 7.83 (+0.23), BOM: 16.09 (-0.91), UBM: 14.57 (-0.13), RGRI: 20.52 (unch), BOS: 24.00 (-0.27)
Oil Might Be The Clue To The Future Of Base Metals
MetalMiner - Seeking Alpha - Tue Feb 17, 10:29AM CST
By Raul De Frutos The decline in oil prices has come to an end… or has it? At this point, I think we can all agree that no one knows what's going to happen to oil throughout the balance of 2015. Although prices have stabilized since...
DBB: 15.19 (+0.30), HEVY: 28.50 (-0.23), USMI: 18.40 (-0.46), BOM: 16.09 (-0.91), UUP: 25.82 (-0.35), RGRI: 20.52 (unch), UBM: 14.57 (-0.13), BOS: 24.00 (-0.27), BDG: 16.15 (unch), JJM: 26.07 (+0.95), BDD: 6.60 (unch), OIL: 9.79 (+0.22), RJZ: 7.83 (+0.23), UDN: 21.61 (+0.26)
Is Productivity Responsible For Drop In Commodity Prices?
Brian Dightman - Seeking Alpha - Sun Feb 15, 8:23AM CST
One of the more perplexing developments in this economic recovery is the collapsing prices of commodities. During an economic expansion demand for commodities typically rises, sending prices higher. That has not been the case in this recovery. ...
HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), USMI: 18.40 (-0.46), BOM: 16.09 (-0.91), RGRI: 20.52 (unch), UBM: 14.57 (-0.13), BOS: 24.00 (-0.27), BDG: 16.15 (unch), SPY: 210.41 (+0.91), JJM: 26.07 (+0.95), QQQ: 108.53 (+0.45), BDD: 6.60 (unch), RJZ: 7.83 (+0.23), CUT: 25.73 (+0.40), WOOD: 55.02 (+0.71)
Base Metals Near Key Levels: Will They Hold? A Bear Looms
MetalMiner - Seeking Alpha - Thu Feb 12, 3:58AM CST
by Raul De Frutos Nickel, aluminum, lead and tin are four base metals that are testing their ground. These metals are trying to find support in a bearish commodity environment . If they fall below these key levels, they will be hitting 6-year...
HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), FOIL: 26.30 (unch), USMI: 18.40 (-0.46), BOM: 16.09 (-0.91), JJU: 17.25 (unch), JJT: 39.58 (unch), CUPM: 30.15 (+0.55), UBM: 14.57 (-0.13), RGRI: 20.52 (unch), BOS: 24.00 (-0.27), BDG: 16.15 (unch), JJN: 18.44 (+0.64), LEDD: 29.58 (unch), JJM: 26.07 (+0.95), CPER: 18.29 (+0.77), BDD: 6.60 (unch), NINI: 24.09 (-0.09), RJZ: 7.83 (+0.23), JJC: 33.04 (+1.20), LD: 40.12 (unch)
ECB QE And Commodities: ECB Action Sets The Stage For 2015
Andrew Hecht - at Seeking Alpha - Tue Jan 27, 5:18AM CST
FXCH: 79.77 (unch), JYN: 47.40 (-0.75), CNY: 42.97 (+0.37), ULE: 15.74 (+0.44), DEE: 63.00 (-1.12), USDU: 28.43 (-0.39), UBM: 14.57 (-0.13), RJZ: 7.83 (+0.23), FXC: 79.03 (+0.88), FXE: 106.32 (+1.63), ERO: 41.04 (+0.73), DRR: 62.18 (-1.82), HEVY: 28.50 (-0.23), USCI: 45.75 (+0.65), BOM: 16.09 (-0.91), GLTR: 61.41 (+1.07), UUP: 25.82 (-0.35), BOS: 24.00 (-0.27), DDP: 46.00 (unch), WITE: 33.41 (+0.73), EUFX: 44.64 (-0.66), FORX: 42.90 (-0.29), BCM: 30.62 (+0.48), CMDT: 40.52 (+0.74), URR: 17.25 (+0.55), DYY: 4.10 (+0.08), COMT: 38.80 (+0.63), EUO: 26.67 (-0.88), JJP: 56.85 (+1.25), BDG: 16.15 (unch), FTGC: 24.53 (+0.40), YCL: 13.95 (+0.18), JJM: 26.07 (+0.95), BDD: 6.60 (unch), YCS: 89.12 (-1.41), PDBC: 19.93 (+0.26), BLNG: 30.80 (-1.60), UDNT: 10.33 (-0.15), DPU: 10.51 (unch), DBB: 15.19 (+0.30), DBC: 17.21 (+0.23), USMI: 18.40 (-0.46), RGRC: 17.61 (unch), UUPT: 29.72 (-0.06), FXY: 80.98 (+0.65), RGRI: 20.52 (unch), RGRP: 16.71 (+0.25), SBV: 27.97 (unch), DBP: 36.96 (+0.56), CYB: 25.38 (-0.01), UDN: 21.61 (+0.26)
Copper slides to five-and-a-half-year low
Seeking Alpha - at Seeking Alpha - Fri Jan 23, 3:56PM CST
HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), USMI: 18.40 (-0.46), BOM: 16.09 (-0.91), CUPM: 30.15 (+0.55), RGRI: 20.52 (unch), UBM: 14.57 (-0.13), BOS: 24.00 (-0.27), BDG: 16.15 (unch), CPER: 18.29 (+0.77), JJM: 26.07 (+0.95), BDD: 6.60 (unch), RJZ: 7.83 (+0.23), JJC: 33.04 (+1.20)
Goldman gives in on mined commodities
Seeking Alpha - at Seeking Alpha - Fri Jan 23, 7:21AM CST
HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), FOIL: 26.30 (unch), USMI: 18.40 (-0.46), BOM: 16.09 (-0.91), JJU: 17.25 (unch), JJT: 39.58 (unch), CUPM: 30.15 (+0.55), UBM: 14.57 (-0.13), RGRI: 20.52 (unch), BOS: 24.00 (-0.27), BDG: 16.15 (unch), JJN: 18.44 (+0.64), LEDD: 29.58 (unch), CPER: 18.29 (+0.77), JJM: 26.07 (+0.95), NINI: 24.09 (-0.09), BDD: 6.60 (unch), RJZ: 7.83 (+0.23), JJC: 33.04 (+1.20), LD: 40.12 (unch)
U.S. Dollar Index Hits An 11-Year High, Metal Prices Retreat
MetalMiner - Seeking Alpha - Thu Jan 22, 9:15AM CST
By Raul De Frutos The US dollar keeps on appreciating and easily overcoming every test on its way up. Last week, the dollar index registered an 11-year high. We haven't seen the dollar this strong since 2003. US Dollar Index since year 2000....
HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), USMI: 18.40 (-0.46), UUPT: 29.72 (-0.06), BOM: 16.09 (-0.91), UBM: 14.57 (-0.13), RGRI: 20.52 (unch), UUP: 25.82 (-0.35), USDU: 28.43 (-0.39), BOS: 24.00 (-0.27), BDG: 16.15 (unch), JJM: 26.07 (+0.95), BDD: 6.60 (unch), RJZ: 7.83 (+0.23), UDN: 21.61 (+0.26), FORX: 42.90 (-0.29), UDNT: 10.33 (-0.15)
Freeport McMoRan -11% as copper collapses
Seeking Alpha - at Seeking Alpha - Wed Jan 14, 9:28AM CST
SCCO: 30.03 (+0.62), HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), USMI: 18.40 (-0.46), FCX: 18.41 (+1.15), BOM: 16.09 (-0.91), CLF: 4.30 (-0.01), CUPM: 30.15 (+0.55), UBM: 14.57 (-0.13), RGRI: 20.52 (unch), BOS: 24.00 (-0.27), BDG: 16.15 (unch), JJM: 26.07 (+0.95), CPER: 18.29 (+0.77), BHP: 48.06 (+1.46), VALE: 6.26 (+0.41), BDD: 6.60 (unch), RJZ: 7.83 (+0.23), RIO: 43.58 (+1.50), JJC: 33.04 (+1.20)
Base Metals, Steel In 2014: The Leaders And Laggards
MetalMiner - Seeking Alpha - Wed Dec 31, 5:59AM CST
By Taras Berezowsky (click to enlarge) Dow Jones Industrial Metals Index: January 2011-December 2014. Made by MetalMiner using StockCharts.com The excerpt below, outlining the outlook for industrial metals, is from our recently released...
HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), FOIL: 26.30 (unch), USMI: 18.40 (-0.46), BOM: 16.09 (-0.91), JJU: 17.25 (unch), JJT: 39.58 (unch), CUPM: 30.15 (+0.55), UBM: 14.57 (-0.13), RGRI: 20.52 (unch), BOS: 24.00 (-0.27), BDG: 16.15 (unch), JJN: 18.44 (+0.64), LEDD: 29.58 (unch), CPER: 18.29 (+0.77), JJM: 26.07 (+0.95), NINI: 24.09 (-0.09), BDD: 6.60 (unch), RJZ: 7.83 (+0.23), JJC: 33.04 (+1.20), LD: 40.12 (unch)
Commodity Darwinism: Strong Hands Emerge
Andrew Hecht - Seeking Alpha - Tue Dec 23, 5:28AM CST
2014 has been a rough year in the commodity sector. Commodity prices are cyclical and history, in this sector, tends to repeat itself. Commodities are volatile assets; they are highly sensitive to changes in supply and demand. Historical volatility...
DAG: 4.39 (+0.27), UBN: 9.15 (+0.11), UBM: 14.57 (-0.13), JJP: 56.85 (+1.25), BDG: 16.15 (unch), TAGS: 28.51 (-0.02), UAG: 19.78 (unch), JJM: 26.07 (+0.95), BDD: 6.60 (unch), AGF: 12.22 (unch), RJZ: 7.83 (+0.23), ONG: 22.78 (-1.41), BLNG: 30.80 (-1.60), JJE: 9.37 (+0.12), JJA: 38.67 (+0.80), AGA: 27.92 (-0.73), DBE: 15.93 (+0.17), HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), RGRA: 18.28 (+0.21), DBA: 22.55 (+0.29), USMI: 18.40 (-0.46), ADZ: 33.50 (unch), BOM: 16.09 (-0.91), RGRE: 15.79 (-0.52), USAG: 20.31 (+0.09), GLTR: 61.41 (+1.07), RGRI: 20.52 (unch), BOS: 24.00 (-0.27), RJN: 3.52 (+0.04), RJA: 6.86 (+0.09), DIRT: 35.38 (+1.22), FUD: 20.01 (-0.12), RGRP: 16.71 (+0.25), DBP: 36.96 (+0.56), WITE: 33.41 (+0.73)
What The Overall Commodities Market And Metals Prices Have In Common
MetalMiner - at Seeking Alpha - Mon Dec 22, 4:48PM CST
By Taras Berezowsky When it comes to forecasting metal prices, one of MetalMiner's core beliefs rests on the need to analyze the metals markets within the broader context of commodities markets - not in a vacuum. We've excerpted the following...
BDG: 16.15 (unch), HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), JJM: 26.07 (+0.95), USMI: 18.40 (-0.46), BDD: 6.60 (unch), RJZ: 7.83 (+0.23), BOM: 16.09 (-0.91), UBM: 14.57 (-0.13), RGRI: 20.52 (unch), BOS: 24.00 (-0.27)
Zinc: Done Or Setting Up For A New Run?
MetalMiner - Seeking Alpha - Wed Nov 26, 7:03AM CST
By Raul De Frutos After the big run that zinc has had this year, prices are now experiencing a correction in the last quarter. This is normal behavior since investors start taking profits after prices have risen significantly. The question: Is this...
BDG: 16.15 (unch), HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), JJM: 26.07 (+0.95), USMI: 18.40 (-0.46), BDD: 6.60 (unch), RJZ: 7.83 (+0.23), BOM: 16.09 (-0.91), UBM: 14.57 (-0.13), RGRI: 20.52 (unch), BOS: 24.00 (-0.27)
How Various Commodities Are Dealing With Grief And Loss (Of Value)
Andrew Hecht - Seeking Alpha - Tue Nov 18, 5:01AM CST
Commodity prices have moved lower as a sector in 2014. A stronger dollar, weak economic conditions in Europe and slowing growth in China have resulted in lower prices for many raw materials. We have just come through a long cyclical period where...
GLDI: 11.72 (+0.09), DAG: 4.39 (+0.27), OUNZ: 11.79 (+0.12), GLDE: 14.06 (+0.24), UBM: 14.57 (-0.13), SGOL: 115.86 (+1.34), RJZ: 7.83 (+0.23), UGL: 38.08 (+0.77), HEVY: 28.50 (-0.23), BARS: 47.25 (-1.58), DZZ: 7.35 (-0.15), BOM: 16.09 (-0.91), ADZ: 33.50 (unch), DGL: 39.03 (+0.43), DGP: 23.18 (+0.53), BOS: 24.00 (-0.27), RJA: 6.86 (+0.09), UBG: 30.56 (+0.27), DGZ: 15.52 (-0.17), VALE: 6.26 (+0.41), IAU: 11.44 (+0.13), AGOL: 113.86 (unch), GGBP: 13.25 (+0.48), GRU: 4.83 (+0.16), UGLD: 10.99 (+0.33), GYEN: 13.06 (+0.01), BDG: 16.15 (unch), GEUR: 13.79 (-0.02), JJM: 26.07 (+0.95), UAG: 19.78 (unch), TAGS: 28.51 (-0.02), BHP: 48.06 (+1.46), BDD: 6.60 (unch), AGF: 12.22 (unch), JJG: 35.89 (+0.99), RIO: 43.58 (+1.50), JJA: 38.67 (+0.80), AGA: 27.92 (-0.73), DBB: 15.19 (+0.30), TBAR: 23.82 (-0.05), BAL: 42.42 (-0.06), DBA: 22.55 (+0.29), RGRA: 18.28 (+0.21), USMI: 18.40 (-0.46), USAG: 20.31 (+0.09), RGRI: 20.52 (unch), DGLD: 74.82 (-2.68), FUD: 20.01 (-0.12), DIRT: 35.38 (+1.22), GLD: 113.57 (+1.28), CTNN: 27.05 (+0.28), BAR: 26.60 (+0.79), GLL: 98.55 (-2.23)