Tim Knight

Commodity Cycle

Commodities have been strong for weeks now, but the price gap (marked in red) represents, to my eyes, an important point of resistance. More specifically, the largest component of the DBC instrument, crude oil (shown here as USO) has been the drivi…

Treasury Top

The bloom certainly seems to be off the Treasury Bond rose as of late. During the all-too-brief drop in equity prices, bonds and gold were the two safe havens. Both of these have now been punched in the face.