Commodities

This past weekend I highlighted the divergence between stocks and commodities.

 

In the past couple of weeks, commodities are jumping with BCOM +6%.  New high in crude oil is the main factor, however, today Gold is up $20, Silver +39 cents, copper appears to be bottoming. Even beans and corn are seeing a bounce as are coffee and sugar.   This, in the context of a stable (actually strengthening in the past week) USD.

 

Posted on October 2, 2018 at 10:55 am by alexmanzara · Permalink
In: Eurodollar Options

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