Corn looks due for an oversold rally, and gold and silver appear primed for short-term bounces as well.
That way, I can recommend it hard again. This pullback is long overdue.
The trend is your friend but wait for a more calculated entry and don't chase stocks.
As global economies continue to recover, demand for key commodities should benefit these companies.
A simple technical condition sets up a trading opportunity.
Now's a good time to pare down risk, meanwhile, keep your expectations in check until the ball drops.
We are using the weakness in this gold mining name to rebuild our position.
The price action looks more like an attempt to form a base.
Given seasonal factors and fundamentals, I expect gold to make a comeback later this month.
Yes bulls are high and have been high. Bears have been this low too. Not much of this is new.
Just for historical refere...
Trail up stops if you own UA as it just met a key weekly target. If this one is cleared 71.24 is next on the weekly.
Real Money Pro Quick Links
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data
. Company fundamental data provided by Morningstar
. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.
TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.
IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.