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MyPlanIQ.com is the only web application that offers advanced asset allocation strategies customized to a wide range of retirement and taxable investment plans such as 401(k), IRA and brokerage accounts. The unique key advantages of MyPlanIQ.com are 1. Superior investment strategies with high... More
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  • Commodities Nov 29 0 comments
    Nov 27, 2010 7:51 PM | about 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
    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%


    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


    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



    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.
    Themes: Commodities, ETFs, indicators 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
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