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Commodities could be better value than stocks right now

Posted on 06 March 2014

U.S. equities are flat on Wednesday following Tuesday’s big gains. Mark Newton, chief market technician at Greywolf Equities, told TheStreet’s Debra Borchardt that commodities might be the better place for investors to be.
Newton said he prefers to use the Continuous Commodity Index (CCI) over the Jefferies Commodities Index ETF (CRB), since the latter is too heavily weighted toward energy. The CCI has retraced approximately one-third of 2011’s big move lower and has really started to break out over the past several weeks, he said………………………………………..Full Article: Source


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