Morning Summary: It seems the evolution of the commodity complex means at least one irrational market is created in each sector. In Grains, it’s obviously the Wheat sub-sector, where you [...]

Morning Summary: Even though a number of markets were active overnight, early Monday morning finds me having a tough time getting going. If you are like me, and that first [...]

Morning Summary: I don’t know about you, but to me this week has zipped by as if we were watching sprinters fly by in a race. All of a sudden [...]

Morning Summary: Silver is on the menu pre-dawn Thursday, and no, I don’t mean the Lone Ranger’s old horse. Unless you find yourself on the wrong side of the tracks [...]

Morning Summary: I was set to find something new to talk about early Wednesday morning, running the traps of the commodity complex a couple times before conceding the spotlight is [...]

Morning Summary: That streak you saw shooting across the sky last night was not a UFO, most likely, nor was it a balloon launched from a foreign land for nefarious [...]

Morning Summary: There seemed to be some Turnaround Activity pre-dawn Monday, at least in the Grains sector. Though I was out of the office last Friday, I was keeping an [...]

Morning Summary: There aren’t many upsides to the US government being shut down, most notably it’s the next big step forward to autocracy. But if looking for a golden needle [...]

Morning Summary: Though it’s still early in the season, if you listen closely you just might hear the honking of geese as they fly by, the early birds heading to [...]

Morning Summary: When I first fired up the quote screen pre-dawn Tuesday, the US dollar index was again showing a modest gain, but this time around the clock December gold [...]

Morning Summary: An initial running of the traps of the various sectors of the commodity complex early Monday morning makes one thing clear: It is going to be another fun [...]

Morning Summary: As you might recall from Thursday’s Afternoon Commentary, the December silver futures contract dropped as much as $1.97 (4.3%) before closing $1.31 (2.75%) lower for the day. Fast [...]

Morning Summary: I owe my son an apology. Going back to Wednesday’s rally in the soybean market, the first thing he told me, his Blink reaction to the move, was [...]

Morning Summary: It is indeed the first day of October, so welcome to a world again bereft of the US government. I didn’t have to look at the headlines to [...]

Morning Summary: Here we are, early Tuesday morning, making us wonder what the heck happened to the month of September. As Dion said in the song “Abraham, Martin, and John”, [...]

Morning Summary: As you might recall, my friends at Kitco News run a poll each Friday[i] to gather the opinions of some in the industry about the direction of gold [...]

Morning Summary: Now that we have reached pre-dawn Friday, I can say "The End is Near”. No, I won’t be walking around the streets of Omaha with this slogan painted [...]

Morning Summary: It’s pre-dawn Thursday, and a look across the landscape that is the commodity complex shows us another overnight session with nothing happening. I suppose this is good, in [...]

Morning Summary: Though it is pre-dawn, we have still reached Wednesday, a day that goes by many names. In the past it has been tied to Watson, Wheat, and even [...]

Morning Summary: A quick check of the various sectors of the commodity complex shows me there wasn’t much Turnaround activity overnight through early Tuesday morning. The US dollar index was [...]

Morning Summary: Something is brewing early Monday morning, and it isn’t the first round of coffee. As I ran the traps of the various sectors of the commodity complex, one [...]

Morning Summary: Since we last talked, when the US dollar index was under light pressure immediately following the expected 25-basis point rate cut announcement from the US Federal Open Market [...]

Morning Summary: Wednesday promises to be a busy day. Not only is it a normal first day of the new positioning week for Watson, it also brings the much debated [...]

Morning Summary: With apologies to my late friend and longtime Chicago Board of Trade floor reporter Gary Wilhelmi, I will mention today is Tuesday, a day when markets tend to [...]

Morning Summary: Though it is a busy week ahead, early Monday morning is quiet enough to enjoy that first cup of coffee while ignoring the news once again. I have [...]