Category Archives: Commodities

26 May: Forecast: Stock Indices, Commodities

  S&P: 2413 The S+P soared to an all time high on Thursday, reaching 2417 as traders jumped on the release of the Fed minutes which lifted sentiment after putting a dent in expectations that the Fed will hike rates three times before the end of the year. Soft US data later today (GDP, DG) will put further… Read More »

24 May: Forecast: Stock Indices, Commodities

  S&P: 2397 The S+P rose again on Tuesday, reaching 2399, and with the 4 hour indicators leaning higher it may be that we are about to see a sterner test of the 2404 all time high. Above there it is all blue-sky although the daily charts still suggest that some caution is warranted on the topside. If… Read More »

23 May: Forecast: Stock Indices, Commodities

  S&P: 2393 The S+P rose again on Monday, reaching 2393, and with the momentum indicators all now leaning higher it may be that we are about to see a sterner test of the 2404 all time high. Above there it is all blue-sky although the daily charts still suggest that some caution is warranted on the topside.… Read More »