Friday Outlook: Commodities, Emerging Markets

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I still think bulls are in charge here although they have to look hard to find supportive news. Nevertheless, we’re still in a trading range until we’re not--it’s that simple.

One thing appears obvious from the charts: you must be in the right sector at all times.

Have a pleasant day.

Disclaimer: Among other issues the ETF Digest maintains long or short positions in UDN, FXY, USO and SLX.

Comments

[UpNAmpd]

Brilliant brevity!

[dc1]

Thanks David. I look forward to reading this everyday.

[Football Geek]

Anyone who wants to read about potash, and in general the boom in
commodities, there is a very good article in Saturdays edition of the
Globe and Mail.
globeinvestor.com
The title is "a lot more than wheat"