Friday Outlook: Commodities, Emerging Markets

|
Includes: DBA, DBB, DBC, EEM, EFA, EWZ, FXI, GLD, IFN, MOO, RSX, SLX, UDN, USO, UUP, XLB, XLE
by: David Fry
<< Return to page 1 - Resumed Stability?
















































See, no rant today. Every once in a while a guy’s just gotta let loose a little. Here at Seeking Alpha, there were a lot of comments from yesterday’s post and everyone had some good ideas. My mailbox got a little busier as well.

Barring anything unusual, Friday [no guarantees there] should be quiet. The generals on Wall Street have left a few sentinels on duty to maintain stability before the holiday weekend. But, even with stability this will be a lousy week for bulls. What they have going for them is lots of low-yielding cash and itchy trigger fingers. They sure don’t have any positive news to trade on unless oil drops another few dollars, but that would still leave it ridiculously expensive.

Have a pleasant holiday weekend.

Disclaimer: The ETF Digest maintains long or short positions in XLB, TLT and TBT.