Chris Stadele
@ChrisStadele
Followers
2K
Following
37K
Media
428
Statuses
3K
Author of @Livesquawk's Commodity Corner Newsletter. Talks about #markets #trading #investing #commodities #crypto.
McHenry, Illinois, USA
Joined March 2019
Happy Friday everybody!! We just published the latest edition of the weekly @Livesquawk Commodity Corner newsletter authored by yours truly on @SubstackInc! In this issue we cover the S&P 500, gold, silver, WTI crude oil, soybeans, and cobalt, all of which have been quite
1
2
7
That’s the week. Reset the crash counter to 0 days from all time high.
0
13
73
Exclusive: Ladies and Gentlemens: The Schiller PE ratio has now officially entered levels not seen since the Dotcom bubble. This not good. This very bad.
151
261
1K
This convergence will be epic, if/when it happens.
0
0
0
*USTR INITIATES SECTION 301 INVESTIGATION ON CHINA PHASE 1 DEAL *US OPENS PROBE OF CHINA’S IMPLEMENTATION OF PHASE ONE AGREEMENT
17
17
209
You know this is a tough market when a legendary fund can't make money.
Renaissance's $20B fund lost 15% in ten days and is negative for the year. S&P 500 is up 12%
0
0
0
Gold and Silver Futures Alert Comex has increased Margin for both gold (5.2%) and silver (5.2%) futures contracts
45
134
604
Top 200 insider trades in the last week. Not a single buy.
187
834
5K
Ye old rug pull....
US Commerce Dept Says "Not Currently Negotiating" With Any Quantum Computing Firms
0
0
0
On social media yesterday I shared a brief thought regarding Trump’s claims that cattle prices are “too high.” The US cattle industry has experienced a myriad of production issues in recent years, leading to record-high prices. As you can see, any brief selloffs have been
0
2
12
Chris Waller commented on ADP and ADP responded by halting all employment data to the government. He may be your next Federal Reserve Chair.
7
26
88
Ummm….. The market (such as @CMEGroup Live Cattle Futures) sets the price, not individual farmers. Also, farmers only receive a small fraction of the price you pay at the store for ground beef, steaks, etc. @CMEActiveTrader
#Trump #trading
12
8
31
There was some chatter on social media yesterday that some speculators were rotating from precious metals and into crypto, as bitcoin and Ether rallied while gold, silver, platinum, and palladium tanked. Though this might be an accurate assessment, we would advise against it, as
1
5
12
Complete carnage across precious metals this morning (10AM CST). CME Silver, Platinum, Palladium all down about 7%, gold down about 5%.
4
4
14
Thanks for the props, Rob!!
Gold and Silver both dropping relatively sharply. @ChrisStadele of @LiveSquawk Commodity Corner and I warned about the possibility of this in October’s mid-month macro. It probably has further to fall and this should be welcomed as an excellent opportunity for a mini reset, to
0
0
0
WTI crude oil is currently holding the double bottom near $56/bbl from Friday & Monday. My target was $57 to $58/bbl, so I think the market could be trying to set a bottom. That said, I’m not looking for a significant rally from here. I aim put together more thoughts on crude
5
2
11
*AMAZON WEB SERVICES SAYS CLOUD OPERATING NORMALLY AFTER OUTAGE
58
65
703
Stockcharts now informs us that they were hit by the Amazon outage. Chart access remains intermittent. I would point out that this rally started a week ago and still hasn't recovered from the one day Trump trade war debacle.
0
14
56
Recent price action for the S&P futures has created a “heads & shoulders” pattern which suggests the index could slump to the support level of 6,300. That said, markets could be volatile over the next several weeks as we navigate the BOJ and FOMC interest rate decisions, Q3
3
4
19
BREAKING: Robbery of jewelry that had once belonged to Napoleon and his empress triggered closure of Louvre museum today
0
0
1