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The Commodities Feed: Hungary Holds Up Russian Oil Ban
Article By: ING Economics
Monday, May 9, 2022 5:34 AM EDT
The oil market saw another strong week last week. ICE Brent managed to settle almost 2.8% higher, leaving it above US$112/bbl. Support continues to come from the European Union’s proposal to place an embargo on Russian oil.
In this article: BNO, GLD, JJC (RETIRED), JJU (RETIRED), OIL, UCO, USO
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Silver As A Hedge Against Inflation: Top Silver Stocks
Article By: Fred Fuld III
Monday, May 9, 2022 5:27 AM EDT
Gold and silver have historically been considered a flight to safety, especially during times of high inflation and economic uncertainty. Silver has outpaced inflation during certain time frames.
In this article: AG, SVM, PAAS, SIL, SLV, SILJ, SLVP
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ETH/USD: Quicker Price Velocity As Values Cascade Downward
Article By: Daily Forex
Monday, May 9, 2022 5:26 AM EDT
ETH/USD suffered another weekend of strong selling, and its price has shown signs of rapid lower moves as values have broken through key levels.
In this article: UUP
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EUR/USD Forecast: Euro Looks To Re-Test April Swing Lows, U.S. CPI In Focus
Article By: DailyFX
Monday, May 9, 2022 5:20 AM EDT
Last week’s NFP beat laid the foundation for Monday’s open lower for EUR/USD as markets look forward to U.S. inflation data as the next possible upside risk event for the dollar.
In this article: FXE, IEF, UUP
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Chevron In Bullish Market Despite The General Market Selloff
Article By: Elliottwave Forecast
Monday, May 9, 2022 5:18 AM EDT
Chevron Corporation ​​​is an American multinational energy company. It is the second largest oil company in the United States and has operation in more than 180 countries.
In this article: CVX
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Gold Dips On Robust Dollar And U.S. Treasury Yields
Article By: The Gold Analyst
Monday, May 9, 2022 5:08 AM EDT
Gold prices fell on Monday as the dollar climbed back close to a 20-year higher. The greenback rose as investors searched for safety.
In this article: GLD, IEF
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Commodity Futures Markets Elliott Wave Trading Strategies
Video By: Peter Mathers
Monday, May 9, 2022 4:52 AM EDT
Long Crude Oil, short most other commodities as they are in sync in moving lower.
In this video: BNO, DBA, GLD, JJC (RETIRED), JJU (RETIRED), OIL, SLV, UCO, UGA, UNG, USO
Watch
Monthly Dividend Stock In Focus: Generation Income Properties
Article By: SureDividend
Monday, May 9, 2022 4:45 AM EDT
Generation Income Properties is a high dividend stock, and its monthly dividend payments make it attractive to income investors.
In this article: GIPR
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Compounding Struggles For Cryptoasset Market
Article By: Simon Peters
Monday, May 9, 2022 4:39 AM EDT
The cryptoasset market faced a major sell off last week, compounding struggles for the market since the beginning of the year.
In this article: BITCOMP
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A Week Of Well-Telegraphed Volatility For The S&P 500
Article By: Ironman
Monday, May 9, 2022 4:30 AM EDT
We had a lot of fun watching the S&P 500 during the first week of May 2022. In case you missed it, the index swung through relatively rare 3%+ changes in its daily value.
In this article: SPX
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MAA : Expect Pullback Before Rally Resumes
Article By: Elliottwave Forecast
Monday, May 9, 2022 4:24 AM EDT
Since the 2009, MAA made a biggest pullback in March-2020 & made an intermediate low at $82.00. Thereafter it made all time high at $231.63 on 12/31/2021 as the part of a 5 swing impulse sequence.
In this article: MAA
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Two Trades To Watch: FTSE, EUR/USD - Monday, May 9
Article By: Fiona Cincotta
Monday, May 9, 2022 4:23 AM EDT
FTSE falls on deteriorating market mood, China concerns. EUR/USD falls in risk off trade, USD strengthens.
In this article: FXE, UUP
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Silver Update: Building The Fuel For The Breakout
Video By: Gary Savage
Monday, May 9, 2022 4:14 AM EDT
A review and an update on the silver market.
In this video: SLV
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LTC/USD Forecast: Litecoin Consolidates Near Large Figure
Article By: Christopher Lewis
Monday, May 9, 2022 4:05 AM EDT
If we see Bitcoin and Ethereum start to sell off, then the rest of these markets will continue to fall as well.
In this article: LTC-X Also: BITCOMP, UUP
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Inflation Adjusted Wages Since The Pandemic
Article By: Menzie Chinn
Monday, May 9, 2022 4:05 AM EDT
Inflation exceeds average hourly earnings in the aggregate (private sector) and for Leisure and Hospitality Services (production and nonsupervisory). But they are still ahead of 2020M02 levels.
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Forex Today: US Dollar Hits 2-Year High, Stocks Slump
Article By: Daily Forex
Monday, May 9, 2022 4:01 AM EDT
Tightening monetary policies and high inflation rates look likely to drive the US into a bear market and push the Dollar higher.
In this article: CYB, UUP, BITCOMP
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