« Hang Seng Rally: Too Late to Get In? | Main | NVT Gets Bought Out -- Deutsche Upgrades From Sell to Hold, Price Target from $30 to $78 »
Oil and precious metals have cooled in recent days after their huge runups, while Natural Gas has moved into overbought territory. Since its vertical move upward in April, Wheat is now up about 100%. Corn, which had been in a downtrend over the past few months, also recently moved into overbought territory and seems to be forming an uptrend. And Coffee, which we mentioned a couple of weeks ago, continues higher as well. Is the $5 Starbucks latte on its way to $10?
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8349edae969e200e54eee6d298833
Listed below are links to weblogs that reference Bespoke Commodities Snapshot:
This is only a preview. Your comment has not yet been posted.
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
Comments