Thursday Outlook: Commodities, Global Markets [View article]
As with the other comments, let me add my voice to the prayers rising up wishing Francine a speedy recovery. You're a lucky man. Thank you for everything. Take care and enjoy Baltimore and the east coast. Thank you for all your insights.
I'm wondering how the Obama stimulus package will impact the base commodities like steel, etc. XLB could be attractive if you think there will be massive infrastructure projects coming in 2009. As to Brazil (EWZ) with RIO and PBR in the ETF mix.
Excellent charts and comments. I think the comments on the trading bands and choppiness of the markets are clear comments that novices taking positions by at this time actually isn't a good thing. I went long ILF a week ago. Chart is similar to EEM and EWZ. Though oil could test $100, I doubt it's going lower than that, and seems to be creating support in this $112-118 area. With all the natural resources available to them, I'm hoping the Brazil market will be a good long-term investment. And as was stated above, more hurricanes are on the way. And the American markets seems just too choppy for an investor. Thanks for all your research and comments. I look forward to seeing your charts every week.
Thursday Outlook: Commodities, Global Markets [View article]
Thank you for all your insights.
Wednesday Outlook: Commodities, Emerging Markets [View article]
Tuesday Outlook: Commodities, Emerging Markets [View article]
And the American markets seems just too choppy for an investor.
Thanks for all your research and comments. I look forward to seeing your charts every week.