Free Investing

Hickey and Walters (Bespoke) submit:
Below we highlight our trading range charts for ten major commodities. For each chart, the green shading represents between two standard deviations above and below the commodity's 50-day moving average. Moves above or below the green shading are considered overbought or oversold. Oil has bounced off of oversold levels in recent days, but it is still closer to the bottom of its trading range than the top. Natural gas, on the other hand, continues to surge higher, and it is now trading well into overbought territory. Gold remains in a strong uptrend, and it is pretty close to the top of its range. Platinum really sold off sharply when equity markets took their dive, and it is just now starting to recover. Silver is just about in the middle of its range.Complete Story »

Hickey and Walters (Bespoke) submit:
Below we highlight our trading range charts for ten major commodities. For each chart, the green shading represents between two standard deviations above and below the 50-day moving average. Moves above or below the green zone are considered overbought or oversold. As shown, oil and copper both moved into oversold territory over the past couple of weeks as global equity markets pulled back. Conversely, gold and silver moved higher to overbought territory. Platinum remains in an uptrend and is currently right in the middle of its trading range. Natural gas, corn, and wheat remain in long-term downtrends, while coffee and orange juice have been moving sideways lately.Complete Story »

Hickey and Walters (Bespoke) submit:
The stock market is up about 65% since the 3/9/09 low, but oil has actually outperformed stocks over this time period with a gain of 72.64%. Below we highlight the performance of ten major commodities over the last year. As shown, copper is up the most with a gain of 108%, while orange juice ranks second with a gain of 101%. Of the three main precious metals, platinum is up the most at 50%, followed by silver at +33.73%, and then gold at +22.16%. Even natural gas is up since the March 9th, 2009 low with a gain of 16%. Wheat and corn are the only commodities shown that are down over the last year. Corn is down 11%, while wheat is down 18.27%.click to enlargeComplete Story »

The Full List

• Broad commodity indexes and baskets are available via ETFs (GCC, GSG, DBC) and ETNs (UCI,GSC, DJP, GSP). There's also a leveraged broad commodity ETF (UCD), a leveraged broad commodity ETN (DYY), and a double-short broad commodity ETF (CMD) and ETN (DEE).
• Agricultural commodities include cocoa (NIB), coffee (JO), cotton (BAL) and sugar (SGG) -- all ETNs. Agriculatural commodity baskets cover livestock (UBC, COW), grains (JJG, GRU), softs -- ie. coffee, cotton and sugar -- (JJS), biofuels (FUE) and food (FUD). Broader agricultural indexes are also available via ETF (DBA) or ETN (UAG, JJA, RJA). Don't confuse agricultural commodity ETFs/ETNs with ETFs which track the stocks of companies in the agricultural commodity business (CUT, MOO).
• Industrial commodities include aluminum (JJU), copper (JJC), lead (LD), nickel (JJN) and tin (JJT) -- all ETNs. Industrial metals baskets are also available via ETF (DBB) and ETF (UBM, JJM, RJZ). As with agriculture, ETFs are available which track the stocks of companies in the industrial commodities business (PKOL, KOL, SLX, HAF).
• Oil is available as a simple long (USO, USL, OIL, DBO, OLO), leveraged long (UCO), short (SZO, DNO) and double short (DTO, SCO). There are also simple long ETFs for heating oil (UHN) and gasoline (UGA). Natural gas is available as an ETF (UNL, UNG) or ETN (GAZ). Energy commodity baskets are available as an ETF (DBE) or ETN (UBN,RJN, JJE).
• Precious metals are available as baskets (DBP, PSAU) or individual metals. Gold is available as a simple long (GLD, IAU, SGOL, PHYS, DGL, UBG), leveraged long (DGP, UGL), short (DGZ) and double short (DZZ, GLL) position. Silver, too, is available as a simple long (SLV, SIVR, DBS, USFV), leveraged long (AGQ) and double short (ZSL) position. Platinum comes as a simple long (PPLT, PTM, PGM) and short (PTD). Palladium comes only as a simple long (PALL). Like the other commodities, you can buy ETFs containing gold and silver related stocks -- the gold miners and junior gold miners (GDX, GDXJ).

What Are They?Complete Story »

Hickey and Walters (Bespoke) submit:
Below we provide our trading range charts for ten major commodities. The green shading represents between two standard deviations above and below the commodity's 50-day moving average. Moves at or above the green zone are considered overbought, and moves at or below the green zone are considered oversold. As shown, the energy and metal commodities are all currently at or above their trading ranges. Even natural gas, which has been in a perpetual downtrend, has moved into overbought territory over the last couple of weeks. Interestingly, gold is going up along with oil and the stock market, and the falling dollar definitely has something to do with it.Complete Story »

Hickey and Walters (Bespoke) submit:
Below we provide our trading range charts for ten major commodities. The green shading represents between 2 standard deviations above and below the commodity's 50-day moving average. Moves outside of the green zone are considered overbought or oversold. The only commodity currently overbought is copper. Oil, natural gas, gold, silver, and platinum are all right in the middle of their trading ranges. Corn and wheat have been tanking lately and are getting close to the bottom of their normal trading range. And coffee and orange juice are finally seeing some reversion to the mean after seeing some short-term divergence a couple of weeks ago.Complete Story »