Strategy Thought

Victorious warriors win first and then go to war, while defeated warriors go to war first and then seek to win. 

Sun Tzu - War Strategist

BP to sell non-controlling stake in TAP gas link unit to Apollo

BP to sell non-controlling stake in TAP gas link unit to Apollo

Asia becomes cheapest blue ammonia location in August

Asia becomes cheapest blue ammonia location in August

European duty-paid aluminum premiums slip on unclear supply-demand scenario

European duty-paid aluminum premiums slip on unclear supply-demand scenario

US beef market debates effect of potential International Longshoremen's Association strike

US beef market debates effect of potential International Longshoremen's Association strike

Storm Disrupts Operations at Shanghai Port: Reports

Storm Disrupts Operations at Shanghai Port: Reports

Oil Extends Gains As Outages Persist In Gulf Of Mexico

Oil Extends Gains As Outages Persist In Gulf Of Mexico

Dollar Moves Higher and Gold Falls on Signs of US Economic Strength

Dollar Moves Higher and Gold Falls on Signs of US Economic Strength

CLX WTI Crude Oil Commentary 9/17/24

CLX WTI Crude Oil Commentary 9/17/24

Wheat Closes with Mixed Trade

Wheat Closes with Mixed Trade

Corn Ends with Gains on Tuesday

Corn Ends with Gains on Tuesday

Soybeans Hold Higher on Tuesday

Soybeans Hold Higher on Tuesday

Hogs Post Triple Digit Strength on Tuesday

Hogs Post Triple Digit Strength on Tuesday

Cattle Post Rally on Tuesday

Cattle Post Rally on Tuesday

Cotton Slips Lower on Tuesday

Cotton Slips Lower on Tuesday

Trump: To end all taxes on overtime

Trump: To end all taxes on overtime

China's 10-year government bond yield drops to new low of 2.0775%

China's 10-year government bond yield drops to new low of 2.0775%

U.S. Oil, Gas Drillers Ease Up As Prices Crash

U.S. Oil, Gas Drillers Ease Up As Prices Crash

Grain Markets Stall Out Near Resistance

Grain Markets Stall Out Near Resistance

Crude Prices Slump on Heightened Energy Demand Concerns

Crude Prices Slump on Heightened Energy Demand Concerns

Oil Sees Biggest Drop in 11 Months as Demand Worries Grow

Oil Sees Biggest Drop in 11 Months as Demand Worries Grow

Dollar Recovers as Stocks Sink

Dollar Recovers as Stocks Sink

Dollar Ends Lower on Yen Strength and Weak US Labor Market News

Dollar Ends Lower on Yen Strength and Weak US Labor Market News

Nat-Gas Prices Slip on Weak European Gas Prices and Seasonable US Temps

Nat-Gas Prices Slip on Weak European Gas Prices and Seasonable US Temps

Crude Prices Slump on Weak Global Fuel Demand Prospects

Crude Prices Slump on Weak Global Fuel Demand Prospects

Cocoa Prices Plunge as Beneficial West African Weather Bolsters Crop Prospects

Cocoa Prices Plunge as Beneficial West African Weather Bolsters Crop Prospects

South America Leads Global Crude Oil Supply Growth

South America Leads Global Crude Oil Supply Growth

Wheat Sees New Month Buying on Tuesday

Wheat Sees New Month Buying on Tuesday

Crude Sharply Lower on Global Demand Concerns and Possible Resumption of Libyan Supplies

Crude Sharply Lower on Global Demand Concerns and Possible Resumption of Libyan Supplies

Nigeria, China Sign Nuclear Energy Pact

Nigeria, China Sign Nuclear Energy Pact

Soybeans Rally, as Export Business Continues and Conditions Drop

Soybeans Rally, as Export Business Continues and Conditions Drop

Corn Rallies on Tuesday

Corn Rallies on Tuesday

Venezuela issues arrest warrant for opposition leader

Venezuela issues arrest warrant for opposition leader

US seizes Maduro plane, citing sanctions on Venezuela

US seizes Maduro plane, citing sanctions on Venezuela

Exxon Seeks to Sell Conventional Permian Assets for $1B

Exxon Seeks to Sell Conventional Permian Assets for $1B

Tesla's Price Cuts Spark Surge in Used Electric Vehicle Sales

Tesla's Price Cuts Spark Surge in Used Electric Vehicle Sales

In Play :: Oct Sugar

 

Greek-flagged tanker in Red Sea still ablaze three days after Houthi attack

 Greek-flagged tanker in Red Sea still ablaze three days after Houthi attack

https://www.timesofisrael.com/greek-flagged-tanker-in-red-sea-still-ablaze-three-days-after-houthi-attack/

Dollar Firms on Speculation of Month-End Buying

Dollar Firms on Speculation of Month-End Buying

Oil Falls Amid Geopolitical Risks and Declining US Stockpiles

Oil Falls Amid Geopolitical Risks and Declining US Stockpiles

U.S. Startups Use Fracking Tech to Store Clean Energy

U.S. Startups Use Fracking Tech to Store Clean Energy

Federal Reserve Board announces final individual capital requirements for all large banks, effective on October 1

Federal Reserve Board announces final individual capital requirements for all large banks, effective on October 1

Gold futures continue to trade within a narrow range after many sessions of consolidation. 8/28/24

Gold futures continue to trade within a narrow range after many sessions of consolidation. 8/28/24

Exxon Joins OPEC in Warning of Looming Oil Supply Crisis

Exxon Joins OPEC in Warning of Looming Oil Supply Crisis

Fears of Hard Landing For U.S. Economy Undoes Gains From Libya Oil Shutdown

Fears of Hard Landing For U.S. Economy Undoes Gains From Libya Oil Shutdown

Crude Futures Dipped on Stronger Dollar

Crude Futures Dipped on Stronger Dollar

Hapag-Lloyd Signs Strategic Partnership Deal With ZeroNorth

Hapag-Lloyd Signs Strategic Partnership Deal With ZeroNorth

FinancialJuice: Swiss ZEW Expectations Actual 17.5 (Forecast -, Previous 18.2)

FinancialJuice: Swiss ZEW Expectations Actual 17.5 (Forecast -, Previous 18.2)

>> Copper

 >> Copper

>> WTI Crude Oil

 >> WTI Crude Oil

>> COT Tracker - Indexes

 >> COT Tracker - Indexes

>> CFTC Enforcement

 >> CFTC Enforcement

CFTC Announces Whistle Blower Award Over $4.5 Million

June 03, 2024

Washington, D.C. — The Commodity Futures Trading Commission today announced it awarded over $4.5 million to a whistle blower who provided detailed information in support of an enforcement action. The whistle blower provided assistance to the Division of Enforcement (DOE) that was significant in both amount and quality. DOE staff greatly relied on the whistle blower’s industry expertise. 

https://www.cftc.gov/PressRoom/PressReleases/8917-24

>> US Inflation Rate

🟢 US Container Imports

 🟢 US Container Imports

🟢 Weekly Futures Range Probabilities

🟢 Weekly Futures Range Probabilities
>> Target Date : Friday 5/31

🟢 Crude Oil Chart

 🟢 WTI Crude Oil - July Contract
🔸 CLN24
🔸 Failed to break outside last week's range

🟢 Major Ports In China

 🟢 Major Ports In China

🟩 WTI Crude Oil : July CLN4 🟩

👉 Puts were trading hard today
👉 67 Strike very noticeable
👉 Skew shows higher premiums in Puts than in Calls

🔸 SP500 (June) is testing the April high [ESM24]

 🔸 SP500 (June) is testing the April high [ESM24]

🔸 The British Pound (June) is testing the April high

 🔸 The British Pound (June) is testing the April high

🔸 US Federal Deficit Adjusted For Inflation

 🔸 US Federal Deficit Adjusted For Inflation

🔸 China's Selling of Treasury & US Agency Debt Hits a Record Level

 🔸 China's Selling of Treasury & US Agency Debt Hits a Record Level

 🔸 China is selling its US Debt holdings in order to finance its large purchases of gold.

🔸 The NY Fed stated that Americans are preparing for mortgage rates as high as 10%

 🔸 The NY Fed stated that Americans are preparing for mortgage rates as high as 10%

🔶 US Total Credit Card Balances

 🔶 US Total Credit Card Balances

🔶 US Rents Outpace Wages

🔶 US Rents Outpace Wages

🔶 US States With the Highest Gas Taxes

🔶 US States With the Highest Gas Taxes

🔶 Top 10 Crude Oil Producing Countries

 🔶 Top 10 Crude Oil Producing Countries

♦️ Bad US Corporate Credit Ratings Soar

 

♦️ Companies with rock-bottom credit ratings soar past 2009 levels.

🔶 Delinquency Rate of Multifamily Housing

 🔶 Delinquency Rate of Multifamily Housing

🔶 Debt to China - Top 20 Countries

🔶 Debt to China - Top 20 Countries

🔶 CLM24 : June WTI Crude Oil : 5/2/24

🔶 CLM24 : June WTI Crude Oil : 5/2/24

>> A balance day

>> Failed to settle below yesterday's low

>> Still settled below last week's low

>> A lower volume day

🔶 US Mortgage Application Volumes Plunge

🔶 US Mortgage Application Volumes Plunge

🔶 US Unemployment Rate by Industry (March 2024)

 🔶 US Unemployment Rate by Industry (March 2024)

📉 May Coffee is set for a 2nd week of selling.

📉 May Coffee is set for a 2nd week of selling.

📈 Large Funds are very long as of the last CFTC COT Report.

🔶 Slowing the pace of QT (Quantitative Tightening)

 🔶 Slowing the pace of QT (Quantitative Tightening)

🔶 US Full-Time Employment is simply low.

 

🔶 US Full-Time Employment is simply low.

🟧 US Employment Cost Has Risen

 🟧  US Employment Cost Has Risen QoQ in the US

🔶 [ NGM24 ] JUNE NATURAL GAS

 🔶 NGM24 JUNE NATURAL GAS

> Broke above last week's high
> Flirting with 1-StdDev high on 60min

🔶 [GC] Gold futures are flirting with the Monday session low.

 🔶 [GC] Gold futures are flirting with the Monday session low.

🔶 [CL] WTI Crude Oil futures are currently flirting with the Monday session high.

 🔶 [CL] WTI Crude Oil futures are currently flirting with the Monday session high.

🔸 ES SP500 Futures pulled back down 50% of Monday's session range.

 🔸 ES SP500 Futures pulled back down 50% of Monday's session range.

🔶 INFOGRAPHIC: National Oil Companies (NOC)

 🔶 INFOGRAPHIC: National Oil Companies (NOC)

🟧 INFOGRAPHIC : Global Nuclear Energy Production

 🟧 INFOGRAPHIC : Global Nuclear Energy Production

📈 US Debt Burden

 📈 US Debt Burden

Personal Savings Extremely Low

 Personal Savings Are Extremely Low

There's something the SP500 still doesn't like.

 There's something the SP500 still doesn't like for it to close near the low of day today.

Gold is thinking.

Gold is thinking. It has not broken last week's price range yet.

WTI Crude Oil shouts "RISK OFF" today.

WTI Crude Oil shouts "RISK OFF" today. There's something it's not worried about.

The Euro FX Found Bids

Euro FX found some bids over the past couple days around last week's low.

OPEC Violations