Commodities

This past weekend I highlighted the divergence between stocks and commodities.

 

In the past couple of weeks, commodities are jumping with BCOM +6%.  New high in crude oil is the main factor, however, today Gold is up $20, Silver +39 cents, copper appears to be bottoming. Even beans and corn are seeing a bounce as are coffee and sugar.   This, in the context of a stable (actually strengthening in the past week) USD.

 

• ABOUT:
  Former member of the CME specializing in interest rate options and yield curve strategies.

  The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results.