Every now and then, I run across a statistic or a fact that makes me feel really stupid. I kick myself: “Why didn’t I already know that?” What got me is that my red Dodge Ram 1500 is technically classified as a “light truck.”… Read More

Let me share with you three disparate items from my news clip file that, taken together, point to game-changing opportunities for one of our top commodity plays… Item #1: Smog is alive and well. Even after years of progress, air quality in Los… Read More

Markets move in cycles of varying lengths. Some indicators, like the relative strength index (RSI), are based on that idea. RSI was designed by J. Welles Wilder for the commodity markets and some traders believe that commodities… Read More

Markets move in cycles of varying lengths. Some indicators, like the relative strength index (RSI), are based on that idea. RSI was designed by J. Welles Wilder for the commodity markets and some traders believe that commodities move in line with a 28-day cycle. In fact, some traders, including Wilder, believed that the phase of the moon had a large effect on commodity market prices. Default values for calculating RSI are set to 14 days, one-half of the cycle length or… Read More

Markets move in cycles of varying lengths. Some indicators, like the relative strength index (RSI), are based on that idea. RSI was designed by J. Welles Wilder for the commodity markets and some traders believe that commodities move in line with a 28-day cycle. In fact, some traders, including Wilder, believed that the phase of the moon had a large effect on commodity market prices. Default values for calculating RSI are set to 14 days, one-half of the cycle length or about one-half the length of a lunar month.#-ad_banner-# I’m not convinced a lunar calendar can help anyone time trades, but the idea of cycle analysis does make sense. In particular, there is a business cycle where the economy alternates between contraction and expansion. This cycle varies in length but averages about four years. Martin Pring recognized the importance of considering several cycles and developed an indicator he called Know Sure Thing (KST) to look at short-term, intermediate-term and long-term cycles.  “I’ve learned after all my years trading… Read More

Did you know the United States is projected to be the world’s top oil producer within the next five to seven years? At least that’s what the International Energy Agency has projected. This means the United States is on pace to beat Russia and Saudi Arabia in daily crude output.#-ad_banner-#… Read More

After surging above $13 per thousand cubic feet (Mcf) in 2008, natural gas prices have never recovered. They stood at $6 per Mcf at the end of 2010, $4.75 by the end of 2011 and now sit just above the $3 mark.  Still, that’s seen in a… Read More

There’s a wave of wealth sweeping rural areas across North America.#-ad_banner-# Sleepy, rundown towns are bustling with commerce and activity as the new-found money breathes life into the… Read More

There’s a wave of wealth sweeping rural areas across North America.#-ad_banner-# Sleepy, rundown towns are bustling with commerce and activity as the new-found money breathes life into the… Read More

You don’t often find a stock with a 7.7% dividend yield in this income starved environment. When it’s supported by a bullish technical outlook and solid fundamentals, you know it’s likely… Read More

You don’t often find a stock with a 7.7% dividend yield in this income starved environment. When it’s supported by a bullish technical outlook and solid fundamentals, you know it’s likely a winning trade! Shares of Rentech Nitrogen Partners (NYSE: RNF) are on a tear. So far in 2013, the stock is up more than 15%, and, as I explain below, the technicals point to further price… Read More

You don’t often find a stock with a 7.7% dividend yield in this income starved environment. When it’s supported by a bullish technical outlook and solid fundamentals, you know it’s likely a winning trade! Shares of Rentech Nitrogen Partners (NYSE: RNF) are on a tear. So far in 2013, the stock is up more than 15%, and, as I explain below, the technicals point to further price appreciation ahead.#-ad_banner-# The master-limited partnership (MLP), which went public in 2011, makes nitrogen fertilizer and industrial chemicals. With a rising global population, and a decrease in arable land, their fertilizer is in high demand. Rentech operates two nitrogen fertilizer plants: one in Illinois, the other in Texas. The Illinois property is located in the heart of the Midwest Corn Belt — the largest consuming area of nitrogen fertilizers in the United States. This past November, Rentech acquired a Texas-based ammonium sulfate fertilizer plant, previously owned by Agrifos. It’s expected that the $158 million… Read More