This weekly feature examines chart formations, along with technical indicators, of two to three commodity markets. Breakouts of these formations may lead to trading recommendations published by the Trade Spotlight advisory service.

This weekly feature examines chart formations, along with technical indicators, of two to three commodity markets. Breakouts of these formations may lead to trading recommendations published by the Trade Spotlight advisory service.
by Daniels Trading
Soaring biotech shares assisted investors shaking off disappointing retail sales data, as U.S. stocks ended higher on Wednesday.
by Daniels Trading
After mixed corporate earnings and data showing China’s service sector lagging, U.S. stock futures were down on Tuesday. Dow Jones Industrial Average futures dropped 34 points, or 0.2 percent, to 16453.
by Daniels Trading
The Dow Jones Industrial Average fell below the 17,000 level on Monday, closing at 16,960 and dropping 0.8 percent.
The Dow Jones Industrial Average (DJIA) is often viewed as a strong indicator of the success of the U.S. stock market and the U.S. economy overall. The DJIA represents nine economic sectors including financial services, technology, retail, entertainment and consumer goods. The DJIA is one of the most widely quoted measures of the U.S. stock market due to its extremely high correlation to broader U.S. indexes, such as the S&P 500.
by Peter O'Daniel
As we are all aware, tax season is now upon us and I am sure everybody could use some relief from the tax man, so what better time to learn about the tax advantages of futures trading! Most experienced traders may understand the differences between trading stocks versus futures and the benefits each offers depending… Read more.
The Trade Spotlight advisory service applies the GBE trading methodology (buying or selling commodity contracts based on breakouts of chart formations and technical indicators) to identify one to two trade setups per week.
by Daniels Trading
In addition to good will for a certain nation surrounded by the Aegean, Ionian and Mediterranean seas, the commodities complex also benefited from a debt deal approved by finance ministers to stave off a euro zone nation's impending default on financial obligations, according to Bloomberg. The deal stamped with approval on Tuesday morning for the… Read more.
by Daniels Trading
Tuesday saw gold futures rise in value amid additional concerns about Greece's navigation through the sovereign debt debacle, MarketWatch reports. Investors were driven toward safe-haven assets as the Dow Jones Industrial Average lost 2.3 percent of its value on Monday as Europe and Asia also saw stock prices drop in value. Greece is waiting on… Read more.
by Daniels Trading
Unprecedented and wide-ranging national protests in Egypt grabbed the attention of the global media this week, as the people of the Arab world's largest country poured onto the streets to protest against the economic injustices and the political repression they've lived under during the regime of president Hosni Mubarak. Mubarak took power after the assassination of… Read more.