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Commodity News-T & K Futures and Options Inc. Newsroom

See our president's most recent Bloomberg & Reuters comments below.

Copper Prices Slide on Signs of Deepening Global Economic Slump ...
... ``Weak economic news is definitely bad news for copper,'' said Michael K. Smith,
the president of T&K Futures & Options in Port St. Lucie, Florida. ...
- 2008-11-17

Copper Surge 10% as China Stimulus Plan Boosts Demand Outlook Nov. ...
... ``The stimulus is really going to help the big-picture demand outlook,'' said Michael
K. Smith, president of T&K Futures & Options in Port St. Lucie, Florida. ...
- 2008-11-10

Commodities Send Sell Signal Before Long Recession (Update1) Nov. ...
... of any commodity right now to realize that the world is definitely in a recession,''
said Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-11-03

Copper, Nickel Extend Declines on Lower World Demand for Metals ...
... ``These global recession fears don't seem unfounded,'' said Michael K. Smith,
president of T&K Futures & Options in Port St. Lucie, Florida. ...
- 2008-10-23

Copper Tumbles, Heads for Worst Week Since 1988 as Outlook Dims ...
... percent. ``People are scared to death,'' said Michael K. Smith, president
of T&K Futures & Options in Port St. Lucie, Florida. ``The ...
- 2008-10-10

CRB Commodity Index Plunges Most Ever on `Dire' Growth Outlook Oct ...
... money that's leaving commodities right now because of fear about this global
recession,'' said Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-10-10

Copper Drops to 7-Month Low in NY on Concern Demand May Fall Sept. ...

... ``There's bad economic news for everybody around the world and demand is looking pretty shaky,'' said Michael K. Smith, president of T&K Futures & Options in ...
- 2008-09-05

Coffee Declines as Dollar's Rally Spurs Drop in Commodities Sept. ...

... ``For the most part, it's the weakness in the other commodities,'' said Michael Smith, president of T&K Futures & Options Inc. in Port St. Lucie, Florida. ...
- 2008-09-03

Copper Slides to Six-Month Low in New York on Demand Concerns Aug. ...

... ``If all these major economies are going to slow down, that's really bad news,'' Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-08-11

Commodities Fall to Four-Month Low on Dollar's Jump, Economy Aug. ...

... have gotten very worried about demand for commodities because of this global meltdown,'' said Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-08-08

Copper Futures Post Biggest Weekly Decline Since May 2007 Aug. 8 ...

... have gotten very worried about demand for commodities because of this global meltdown,'' said Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-08-08

Commodities Fall to 7-Week Low as Investors Shun Energy, Metals ...
... ``It all has to do with the dollar, inflation and interest rates,'' said Michael K. Smith, president of T&K Futures & Options in Port St. Lucie, Florida. ...
- 2008-07-23

Copper Declines as Dollar Rally, Oil Slump Curb Investor Demand ...
... commodities and all these commodities, like copper, were being pulled up by crude,'' said Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-07-23

UPDATE 9-Rising stocks, demand worries weigh on aluminium
... growing countries that have helped to push these commodity markets higher, down with us," said Michael K. Smith, president of T & K Futures and Options Inc. ...
-
Jul 16, 2008
 

Copper Climbs in New York as Stockpiles Fall, Peru Strike Nears ...
... tight, so people start to get worried that there just won't be enough to meet demand,'' said Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-07-11

Copper Drops on Concern Slowing Global Growth may Cut Demand June ...
... The metal has been ``strongly correlated'' to movements in the dollar, Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-06-24

US Gasoline Demand Falls 2.7%, MasterCard Says (Update1) June 24 ...
... ``I don't think demand will come down that much more,'' said Michael Smith, president of T&K Futures & Options in Port Saint Lucie, Florida. ...
- 2008-06-24

Copper Drops Most in Two Weeks as Stronger Dollar Curbs Demand ...
... Copper has been ``strongly correlated'' to the dollar's movements, said Michael K. Smith, the president of T&K Futures & Options in Port St. Lucie, Florida. ...
- 2008-06-23

Copper Pares Loss as Dollar Falls, Renewing Inflation Concern June ...
... value. ``It's all about the dollar today,'' said Michael K. Smith, the president at T&K Futures & Options in Port St. Lucie, Florida. ...
- 2008-06-05

Gasoline, Heating Oil Futures Reach Records on Weaker Dollar May ...
... ''I think it's the dollar crashing again,'' said Michael Smith, president of T&K Futures & Options in Port Saint Lucie, Florida. ...
- 2008-05-20

Copper Drops on Concern Slumping Growth to Curb Metals Demand May ...
... ``The growth picture looks much worse now with higher energy prices and a slowdown in manufacturing,'' said Michael Smith, a president at T&K Futures & Options ...
- 2008-05-14

Nymex Gasoline Futures Rise as Inventories, Production Decline ...
... ``If I were a refinery and my margins were low, I wouldn't produce,'' said Michael Smith, president of T&K Futures & Options in Port Saint Lucie, Florida. ...
- 2008-03-24

Commodity Prices Head for Biggest Weekly Decline Since 1956 March ...
... the appeal of commodities as a hedge against inflation and an alternative investment, said Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-03-20


Commodity Prices Plunge, End Week With Biggest Drop Since 1956 ...
... the appeal of commodities as a hedge against inflation and an alternative investment, said Michael K. Smith, president of T&K Futures & Options in Port St. ...
- 2008-03-20


Wheat Falls, Capping Biggest Weekly Drop in Over Three Decades ...
... was based on Wall Street investments coming in, looking for an alternative- asset class,'' said Michael K. Smith, president of T&K Futures in Port St. ...
- 2008-03-20

Copper in New York Heads for Biggest Weekly Drop in 10 Months ...
... ``There's a panic in the market that's taken hold very quickly,'' said Michael Smith, president of T&K Futures & Options in Port St. Lucie, Florida. ...
- 2008-03-20


Heating Oil Falls From Record as Highs May Have Been Reached March ...
... searching for yields where they can get it, and now it looks like a broad-based commodities selloff,'' said Michael Smith, president of T&K Futures & Options ...
- 2008-03-07


Heating Oil Futures Fall After Touching Records This Week March 7 ...
... searching for yields where they can get it, and now it looks like a broad-based commodities selloff,'' said Michael Smith, president of T&K Futures & Options ...
- 2008-03-07

Heating Oil Falls on Concern Economy Will Slow, Curbing Demand Jan ...
... are just worried about the US having a recession, it is very contagious for the rest of the world,'' said Michael Smith, president of T&K Futures & Options in ...
- 2008-01-22


Copper Rises in NY as Commodities Surge on Inflation Concern Jan. ... .
.. on speculation the Federal Reserve will continue to lower US borrowing costs and spark inflation, said Michael Smith, president of T&K Futures & Options in ...
- 2008-01-03

Gasoline, Heating Oil Reach Records as Crude Oil Touches $100 Jan. ...
... with a lot more traders in the market, so whichever way the market starts to go, that accelerates it,'' said Michael Smith, president of T&K Futures & Options ...
- 2008-01-02


Heating Oil, Gasoline Gain After Benazir Bhutto Assassinated Dec. ...
... the declining supplies and the Turks have really stepped up their bombing raids in Iraq,'' said Michael Smith, president of T&K Futures & Options in Port Saint ...
- 2007-12-27


Copper Falls on Concern US Slowdown Will Reduce Metal Demand Nov. ...
... ``People are still worried about the US economy, and a lot of it is still tied to the subprime mess,'' said Michael Smith, president of T&K Futures & Options ...
- 2007-11-27


Copper Falls on Concern US Slowdown Will Reduce Metal Demand Nov. ...
... ``People are still worried about the US economy and a lot of it is still tied to the subprime mess,'' said Michael Smith, president of T&K Futures & Options in ...
- 2007-11-27


Commodity Prices Rise to Record on Slumping Dollar (Udpate1) Oct. ...
... ``The bottom line is a weaker dollar is going to mean higher prices for commodities traded in dollars,'' said Michael Smith, president of T&K Futures & Options ...
- 2007-10-31


Smith of T&K Sees $100 Oil This Year, `Pullback' in 2008: Video ...
31 (Bloomberg) -- Michael Smith, president of T&K Futures and Options Inc., talks with Bloomberg's Mike McKee from West Palm Beach, Florida, about the outlook ...
- 2007-10-31


Copper Gains Most in Two Weeks as Global Demand May Top Supply Oct ...
... ``Global demand is really going through the roof,'' said Michael Smith, president of T&K Futures & Options in Port Saint Lucie, Florida. ...
- 2007-10-26


Copper Declines to Four-Week Low in NY as Inventories Climb Oct. ...
... ``Any big increase in the stocks is really going to affect the market,'' said Michael Smith, president of T&K Futures & Options in Port Saint Lucie, Florida. ...
- 2007-10-18


Copper Rises to Six-Week High After Fed Cuts Benchmark Rate Sept. ...
...
``We're going to hit all-time highs in copper,'' said Michael Smith, president of T&K Futures & Options in Port Saint Lucie, Florida. ...
- 2007-09-19


Copper Rises to Six-Week High After Federal Reserve Cuts Rates ...
... ``We're going to hit all-time highs in copper,'' said Michael Smith, president of T&K Futures & Options in Port Saint Lucie, Florida. ...
- 2007-09-19


Copper Declines as Jobs Data Signals US Economy May Slow Sept. 7 ...
... ``People are thinking about the economy and getting worried that we're going to see a slowdown,'' said Michael Smith, president of T&K Futures & Options in ...
- 2007-09-07


US Commodities: Corn Rises; Record Wheat Boosts Grain Demand Sept. ...
... ``People are thinking about the economy and getting worried that we're going to see a slowdown,'' said Michael Smith, president of T&K Futures & Options in ...
- 2007-09-07

Copper Gains for Fifth Session in NY as Global Demand Climbs Aug. ...
... as China and India keep growing, they're going to keep using more copper and pushing the price up,'' said Michael Smith, president of T&K Futures & Options in ...
- 2007-08-23

US Commodities: Wheat Rises to Record as Demand Tops Supplies Aug. ...
... as China and India keep growing, they're going to keep using more copper and pushing the price up,'' said Michael Smith, president of T&K Futures & Options in ...
- 2007-08-23

Gold, Silver Gain on Speculation Fed Won't Raise Interest Rates ...
... ``Gold investors are worried about the fact that the dollar is able to bounce,'' said Michael Smith, president of T&K Futures & Options Inc. in Port St. ...
- 2007-05-15

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The information presented in this commodity futures and options site is not investment advice and is for informational purposes only. Investments in commodity futures and options involves a high degree of risk, your investment may fall as well as rise, you may lose all your original investment and you may also have to pay more than the original amount invested. Consult your broker or advisor prior to making any investment decisions. Past or simulated performance is not a guide to future performance. Futures Trading is not suitable for everyone. This site provides information on online commodity trading, online future trading, commodity future online trading, commodity options, futures trading commodity brokerage.