17.02.2016 - Commodities: The Bottom Is Looking Mighty Ugly
The commodity bear is not hibernating. Prices are above 2000 levels with divergence. Contagion from raw material markets - the dollar ain't helping. Stocks and currencies are watching raw material prices. China returns from holiday - uh oh. Last week was an odd one in the commodity sector. While the bear market continues to cause low prices in the energy and industrial commodity sector, precious metals exploded higher. Divergence is the name of the game in the wild markets of 2016. Volatility tends to create divergence in terms of historical price relationships between assets...............................................Full Article: Source
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