Uncommon Wisdom Blogs

Oil Chart and News You Can Use

Sean Brodrick — Tue, 16 Mar 2010 16:04:43 +0000

Here’s some news worth reading … Oil is rocketing higher. It still has to get above last week’s high, but this is a bullish start. Why is oil making its biggest move in four weeks? Because the dollar is weakening, and because OPEC says they won’t increase output. As I said in Friday’s column, there is plenty [...] Related posts:

US Dollar Index Chart — Headed Lower?

Sean Brodrick — Tue, 16 Mar 2010 15:24:21 +0000

It’s good to see gold and the dollar revert to their usual relationship on the Seesaw of Pain. When one goes up, the other goes down. And now, gold is going up and the dollar … Keep your eye on support at 79.56 for the U.S. Dollar Index. If that breaks, we could see the dollar [...] Related posts:

Nice Move in Gold

Sean Brodrick — Tue, 16 Mar 2010 15:17:12 +0000

I’m keeping my eye on gold, and you should, too. While you don’t want to read too much into one day’s action, this chart is encouraging … We need to see higher volume to have real conviction on this move, but gold appears to be snapping its recent downtrend. Red-Hot Global Small-Caps and Red-Hot Commodity ETFs [...] Related posts:

A Post I Really Don’t Want to Write … On Climate Change

Sean Brodrick — Tue, 16 Mar 2010 15:04:07 +0000

I really don’t want to write about climate change. I have a lot – A LOT – of work to do. And I can ignore most of the hateful comments I get on the subject. However, some comments have been thoughtful and respectful, and since this is an important issue, I feel I must reply [...] Related posts:

Transcript for ‘Could Sugar Sweeten Up Your Portfolio’ Video

Sean Brodrick — Tue, 16 Mar 2010 11:49:19 +0000

I have a new video for UncommonWisdomDaily.com today. You can read a PDF transcript of the video here: brodrick-uwd-for-031610-could-sugar-sweeten-up-your-portfolio-transcript Have a good Tuesday! Related posts:Transcript for ‘The US Economy in 3 Stocks’ Video Tuesday Video Transcript on Gold Transcript for Today’s Video: Opportunity in Gold Miners Related posts:

Latest HoweStreet Interview

Sean Brodrick — Mon, 15 Mar 2010 19:04:36 +0000

Phil and I had a good time talking about energy, copper and more. http://www.howestreet.com/index.php?pl=/goldradio/index.php/mediaplayer/1587 Related posts:My Latest HoweStreet.com Interview My Latest HoweStreet.com Interview Latest HoweStreet.com Interview Related posts:

Are Tensions About to Boil Between China and the US?

Sean Brodrick — Mon, 15 Mar 2010 17:51:56 +0000

The U.S. wants China to revalue its currency, the yuan or renminbi, upward. China flatly says “no.” Bloomberg reports that China’s premier, Wen Jiabo, says: “I don’t think the renminbi is undervalued. We oppose countries pointing fingers at each other and even forcing a country to appreciate its currency.” Yves over at Naked Capitalism has a post [...] Related posts:

Chart of the Day — Copper

Sean Brodrick — Mon, 15 Mar 2010 13:59:50 +0000

I’m keeping an eye on copper. After breaking out a couple of weeks ago, it is consolidating on lower volume. That’s something you expect in a bullish move … I think copper could go down and test support #1 in the next week or so. Will it bounce there, or head to support level 2? If the [...] Related posts:

Sunday Discussion — Climate Change

Sean Brodrick — Sun, 14 Mar 2010 14:56:07 +0000

I’ve tried to stay away from talking about climate change lately. It’s become the third rail of politics because a large and growing section of the American populace believes climate change is a crock. Also, have I mentioned that I grown to hate politics? Both major political parties in this country are run by and [...] Related posts:

Crude Oil — Close But No Cigar

Sean Brodrick — Sat, 13 Mar 2010 12:17:07 +0000

After pushing strongly above $82 yesterday morning, crude oil turned around and sank to close at $81.47. $82 is the line in the sand — if oil can close above that, it could be on its way to $91.5o. So, this pullback is a real disappointment for the bulls. Oil could make another attempt next week, [...] Related posts: