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Commodities Nov 29

|Includes:AGG, BND, CIU, CSJ, DBA, DBB, DBC, DBE, DBP, EEM, EFA, GLD, GSG, HYG, ICF, IEF, IWM, IYR, JNK, LQD, MBB, MDY, MUB, PHB, QQQ, SHV, SHY, iShares Silver Trust ETF (SLV), SPY, TLT, UNG, USO, VEU, VNQ, VWO
Commodities will play an increasingly important role as we climb out of the recent market mayhem and inflation becomes a reality. MyPlanIQ tracks detailed weekly commodity trend movement.

Description

Symbol

Nov 22 Trend Score

Direction

Nov 15 Trend Score

Silver

SLV

35.14%

^

26.46%

Precious Metals

DBP

13.24%

^

11.91%

Agriculture

DBA

8.69%

^

8.44%

Gold

GLD

8.55%

v

8.70%

Commodity

DBC

4.81%

v

5.52%

Base Metals

DBB

3.80%

v

8.54%

Energy

DBE

1.68%

^

1.67%

US Oil

USO

0.24%

v

1.12%

Natural Gas

UNG

-9.10%

^

-19.17%

Click to enlarge

There was a mixed response to the market uptick in the commodities sector. Precious metals returned to their positive trend with the exception of gold which has seen the Euro recover and a reduction of tension in Korea.

Others were mixed with differing sentiments.

 Top 3
Click to enlarge

Silver continues on its positive ways with other precious metals recovering from last week's drop. Silver is relatively cheap compared to gold and is in heavy demand for industrial use. Currently demand exceeds the ability to produce.

Agriculture benefited from positive economic news leading to the price of wheat and soya beans to rise.

Bottom Three

Click to enlarge

Natural gas has started up as cold weather increases demand. Oil has also had a price jump but this is not reflected in its direction. Energy remains on the decline as price and costs battle.

Next week's trend will help give more insight into longer term direction as we start the truly cold weather season so that we aren't confused by the drop of last week.
Stocks: SLV, DBP, GLD, DBB, DBA, DBC, DBE, USO, UNG, SPY, QQQ, IWM, MDY, EFA, VEU, EEM, VWO, IYR, ICF, VNQ, GSG, LQD, CSJ, CIU, HYG, JNK, PHB, TLT, IEF, SHY, SHV, BND, AGG, MUB, MBB