Author Archive for Matthew Bradbard
Matthew Bradbard founded and remains president of MB Wealth Corporation. Subsequent to establishing MB Wealth, he worked at various brokerages over his tenure in commodities. In addition to being the president and trader for MB Wealth, Matthew Bradbard publishes subject specific articles and a weekly market commentary that you can find in various financial and trading resources. He is also the commodity specialist for a local radio show. His trading decisions are based largely on technical analysis with an emphasis on position trading, identifying trending commodities, and capitalizing on volatile movements both on the long and short side. Fundamentals are also a major consideration; with the wild weather patterns and insatiable demand from emerging markets like India and China for raw materials. He expects the secular bull market in commodities to continue for years to come.
No Coal in the Commodity Stocking
Commodities appear to ending 2010 on a high note…
Today in Commodities: Trading Size
There is no shortage of events this week so we suggest bringing your trading size down until next week. Crude oil advanced for the second consecutive day gaining just over 1%. As long as prices do not settle above $84.50 in December clients will be advised to remain in their bearish plays. It will take [...]
Today in Commodities: Contrarian Opinion
My take is the dollar is due for a bounce and indices are ready for a reversal lower while most commodities could trade down in the immediate future. The 20 day MA at $82.20 continues to act as the pivot point in December Crude. Though we may see a probe at $84 we continue to [...]
Today in Commodities: Tug of War
We’re at the fork in the road in a number of markets. In the next few sessions we will find out who wins the BULLS or BEARS. On a break below the double bottom in December Crude futures at $79.85 look for a test of the 50 day MA at $78.80 followed by a trade [...]
Today in Commodities: King Dollar
Crude looks to close almost $4 off its intra-day high dragging prices back near $80/barrel on the December contract. Today’s low and mild support is seen at the 38.2% Fibonacci retracement level at $79.85. Next support is seen at $78.50 followed by $77.25. We’re expecting prices to trade down and have advised light short futures [...]
Today in Commodities
Herd Mentality….
Holiday trade
Daily Commentary on all markets….
Today in Commodities: Market Vindication
Today could mark a key reversal for several markets, including but not limited to the US dollar, metals and energies. Oil reversed from these same levels in August… will history repeat itself? In recent blogs we hinted at this, and on confirmation tomorrow Crude will likely move back to the 50 day MA; in November [...]
Today in Commodities
Holding My Ground…
Today’s Commodities Recap
Say it is not so but the 4th quarter starts tomorrow. Are you positioned how you want to be? As we said yesterday Crude oil appears to be heading higher; since clearing the 50 day MA one day ago November has gained $2.50. We feel in the short run Crude, RBOB and heating oil are [...]
